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O-465 Lake Michigan Dr
Grand Rapids, MI 49534
Office Property For Sale
Investment Highlights
- 3 Private Restrooms
- Large mezzanine with built in offices and shelving
- Beautiful, finished office space
- Seller would be willing to lease back Suite 8 (1,500 SF)
Executive Summary
4,500 square feet of industrial space located in Lake Michigan Commerce Park in Standale. The space is essentially made up of three, 1,500 square foot suites that are individually equipped with an overhead door, man door, floor drain and private restroom. The suites are currently broken up as follows:
Suites 8 & 9 - Currently occupied by the owner. The owner is willing to lease all of suite 8 if the new owner would prefer them to lease back. Lease term and rate is negotiable.
Suite 10 - Filled with a quality tenant that is currently paying $1,125/month, NNN with 1-year lease expiration in March of 2026.
Suites 8 & 9 - Currently occupied by the owner. The owner is willing to lease all of suite 8 if the new owner would prefer them to lease back. Lease term and rate is negotiable.
Suite 10 - Filled with a quality tenant that is currently paying $1,125/month, NNN with 1-year lease expiration in March of 2026.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
4,500 SF
Building Class
B
Year Built
2009
Price
$560,000
Price Per SF
$124.44
Building Height
1 Story
Typical Floor Size
4,500 SF
Building FAR
0.02
Lot Size
4.75 AC
Parking
9 Spaces (2 Spaces per 1,000 SF Leased)
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