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345 Lake Michigan Dr 16,000 SF Vacant Retail Building Grand Rapids, MI 49534 $2,498,697 CAD ($156.17 CAD/SF)
EXECUTIVE SUMMARY
The property located at 345 Lake Michigan Dr. has been used by Hall's Sport Center for years as a boat retailer / service facility. Due to Hall's continued expansion, this facility is coming available in early 2024. The property features floor to ceiling windows as well as clear span construction, and a well lit interior
showroom. There is an excellent parts warehouse and retail marine store as well as five service bays in the rear of the building. The facility is serviced with a total of 8 overhead doors offering excellent access. The property can be re-tasked for a wide variety of uses and businesses and will not last long. NOTE: This property will be deed restricted against boat sales and service. Listing and Premises sale is contingent on Seller closing on the acquisition of Seller's replacement location.
showroom. There is an excellent parts warehouse and retail marine store as well as five service bays in the rear of the building. The facility is serviced with a total of 8 overhead doors offering excellent access. The property can be re-tasked for a wide variety of uses and businesses and will not last long. NOTE: This property will be deed restricted against boat sales and service. Listing and Premises sale is contingent on Seller closing on the acquisition of Seller's replacement location.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
16,000 SF
Building Class
C
Year Built
2010
Price
$2,498,697 CAD
Price Per SF
$156.17 CAD
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.21
Lot Size
1.78 AC
Zoning
C-2
Frontage
231’ on Lake Michigan Dr
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 70-10-24-400-082 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,150,436 CAD |
PROPERTY TAXES
Parcel Number
70-10-24-400-082
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,150,436 CAD
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345 Lake Michigan Dr
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