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Investment Highlights

  • Close proximity to downtown Grand Rapids amenities and workforce resources.
  • Planned 30 on-site surface parking spaces to accommodate modern office needs.
  • Excellent visibility from US-131 with immediate freeway interchange access.
  • 0.77-acre parcel provides flexibility for single-tenant or specialized commercial use.
  • Site supports up to 10,000 SF of office construction with customizable design.
  • Build-to-suit development opportunity in the Roosevelt Park district of Grand Rapids.

Executive Summary

This property presents a unique urban office development opportunity in Grand Rapids, Michigan, ideally configured for a build-to-suit design. Positioned within the Roosevelt Park submarket, the0.77-acre parcel offers excellent visibility from US-131 and quick connectivity to downtown Grand Rapids and nearby highway interchanges. Situated in an SD-IT zoning district, this site supports a wide range of commercial and institutional uses, making it highly adaptable for professional services, healthcare, or corporate office needs.
Prospective buyers will appreciate the ability to create a single-tenant building tailored to operational requirements, with a maximum building envelope of up to10,000 square feet. The concept includes30 surface parking spaces, ensuring convenience for staff and visitors alike. This offering combines the flexibility of suburban parking ratios with proximity to core business districts, creating a compelling solution for organizations looking to control occupancy costs while remaining close to downtown amenities and workforce concentration.
Visible from a major traffic artery and supported by established road networks, the location simplifies logistics for clients and employees commuting across the metro area. Whether for an owner-occupant seeking customized space or an investor exploring build-to-suit demand,525 Century Ave SW delivers location, adaptability, and prominent presence.

Property Facts

Price $550,235
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hold For Development
Total Lot Size 0.70 AC
Opportunity Zone Yes
Zoning SD-IT - Commercial Zoned District

1 Lot Available

Lot

Price $550,235
Price Per AC $790,612.97
Lot Size 0.70 AC

Description

Situated near the heart of downtown Grand Rapids, this 0.77-acre site offers a versatile platform for office development with exceptional freeway presence. The property allows for a single-story office build of up to 10,000 square feet, providing modern, efficient workspaces designed to reflect an occupant’s operational objectives. The parcel's layout supports ample on-site parking and easy ingress/egress to Century Avenue, with direct connectivity to US-131 only moments away. This location combines walkable access to the city’s amenities with the practicality of at-grade parking, making it attractive to businesses needing visibility, accessibility, and cost-efficient space planning. Flexible site attributes and responsive zoning allow buyers to implement a build-to-suit strategy that aligns physical infrastructure with brand and market positioning needs.

Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
41-13-36-210-023
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$93,400
  • Listing ID: 29940630

  • Date on Market: 11/1/2023

  • Last Updated:

  • Address: 525 Century AVE SW ave, Grand Rapids, MI 49503

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