Your email has been sent.
55 Ionia Ave NW - The Morton 6,838 SF Office/Retail Condo Unit Offered at $589,000 in Grand Rapids, MI 49503
Investment Highlights
- Offer unique, historic architecture, vaulted, ornate high ceilings with opportunity to restore or redevelop the space into a new use
1 Unit Available
Unit 1
| Unit Size | 6,838 SF | Condo Use | Office/Retail |
| Price | $589,000 | Sale Type | Investment |
| Price Per SF | $86.14 | APN/Parcel ID | 411325286024 |
| Unit Size | 6,838 SF |
| Price | $589,000 |
| Price Per SF | $86.14 |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| APN/Parcel ID | 411325286024 |
Description
The Morton Retail Commercial Condo is a new offering for Sale on the popular Monroe Center Retail corridor in Downtown Grand Rapids.
This property features a commercial condo that offers unique, historic architecture, vaulted, ornate high ceilings with opportunity to
restore or redevelop the space into a new use. This offering includes a bonus mezzanine level, 3,392 SF. This offering also could include
a bank vault on the lower level. This could be a great opportunity to reimagine a range of uses from Retail to Restaurant to Showroom
or Design Studio. The Morton was redeveloped in 2015 into luxury condos, apartments, a boutique hotel, office space and ground floor/
lower level retail. Monroe Center begins with Rosa Parks Circle, the Grand Rapids Art Museum, popular restaurants, Class A office buildings,
hotels, and multiple retailers like Gazelle Sports and Shinola.
Legal Address is 55 Ionia Ave NW, Grand Rapids, MI 49503.
Sale Notes
he Morton Retail Commercial Condo is a new offering for Sale on the popular Monroe Center Retail corridor in Downtown Grand Rapids.
This property features a commercial condo that offers unique, historic architecture, vaulted, ornate high ceilings with opportunity to
restore or redevelop the space into a new use. This offering includes a bonus mezzanine level, 3,392 SF. This offering also could include
a bank vault on the lower level. This could be a great opportunity to reimagine a range of uses from Retail to Restaurant to Showroom
or Design Studio. The Morton was redeveloped in 2015 into luxury condos, apartments, a boutique hotel, office space and ground floor/
lower level retail. Monroe Center begins with Rosa Parks Circle, the Grand Rapids Art Museum, popular restaurants, Class A office buildings,
hotels, and multiple retailers like Gazelle Sports and Shinola.
Legal Address is 55 Ionia Ave NW, Grand Rapids, MI 49503.
Property Facts
| Total Building Size | 183,375 SF | Floors | 13 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 14,105 SF |
| Property Subtype | Apartment | Year Built | 1923 |
| Building Class | C | Lot Size | 0.36 AC |
| Zoning | C-3A - Commercial | ||
| Total Building Size | 183,375 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 13 |
| Typical Floor Size | 14,105 SF |
| Year Built | 1923 |
| Lot Size | 0.36 AC |
| Zoning | C-3A - Commercial |
Amenities
Site Amenities
- Courtyard
- Fitness Center
- Property Manager on Site
- Dry Cleaning Service
- Package Service
- Bicycle Storage
- Elevator
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | 472 |
| 1+1 | 48 | - | 609 - 690 |
| 2+2 | 11 | - | 899 - 2,117 |
Contacts
-
Hillary Taatjes Woznick -
Todd Leinberger -
Doug Taatjes -
NAI Wisinski of West Michigan
Presented by
55 Ionia Ave NW - The Morton
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.