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312 Ellsworth Ave SW 8,360 SF 100% Leased Office Building Grand Rapids, MI 49503 For Sale
Investment Highlights
- 400 yards from Acrisure amphitheater
- Strong foot traffic
- Rapidly growing area
Executive Summary
Located in a highly desirable and rapidly developing area, this versatile property offers the potential for a hotel, parking structure or an apartment complex. Just 400 yards from the brand-new amphitheater, it benefits from strong foot traffic and growing demand driven by entertainment and tourism. Situated in the heart of Grand Rapids, one of the fastest-growing cities in the region, this site presents a prime investment opportunity with excellent proximity to downtown amenities, making it ideal for developers seeking long term value and growth.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
8,360 SF
Building Class
C
Year Built
1941
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,360 SF
Building FAR
0.58
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
201 Commercial Improved
Amenities
- Bus Line
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Big Event
- Professional, Scientific, and Technical Services
- -
- -
- -
- Line Photography
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Big Event | Professional, Scientific, and Technical Services | - | - | - | ||
| Line Photography | Professional, Scientific, and Technical Services | - | - | - |
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Moderately walkable
70/100
Very drivable
80/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 41-13-25-462-004 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $407,376 CAD |
Property Taxes
Parcel Number
41-13-25-462-004
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$407,376 CAD
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312 Ellsworth Ave SW
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