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401 Hall St SW 163,942 SF 85% Leased Office Building Grand Rapids, MI 49503 $27,918,401 CAD ($170.29 CAD/SF) 8.22% Cap Rate
EXECUTIVE SUMMARY
Excellent opportunity to own a Historic, Modern, Loft Office building located on US-131 at theHall St exit just minutes from Downtown Grand Rapids.
The property is 91% leased with 45 tenants and prides itself in being one oftheGreenest Buildings in Grand Rapids with Solar Energy. The property has 240+ parking spaces, underground parking, Charging Stations, Fiber Internet with Common Area Wifi, 24/7 Video Surveillance Security, Shared Conference room, and Access to Loading Dock and Freight Elevator
The property is 91% leased with 45 tenants and prides itself in being one oftheGreenest Buildings in Grand Rapids with Solar Energy. The property has 240+ parking spaces, underground parking, Charging Stations, Fiber Internet with Common Area Wifi, 24/7 Video Surveillance Security, Shared Conference room, and Access to Loading Dock and Freight Elevator
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
163,942 SF
Building Class
B
Year Built/Renovated
1930/2017
Price
$27,918,401 CAD
Price Per SF
$170.29 CAD
Cap Rate
8.22%
NOI
$2,294,893 CAD
Percent Leased
85%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
40,986 SF
Slab To Slab
12’
Building FAR
0.68
Lot Size
5.50 AC
Opportunity Zone
Yes
Zoning
SR-PRD - Mixed Use
Parking
150 Spaces (0.91 Spaces per 1,000 SF Leased)
AMENITIES
- Controlled Access
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste 112 I
- 186 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 112 J
- 186 SF
- Office
- -
- Now
- 2nd Fl-Ste 225
- 780 SF
- Office
- -
- Jan 2026
- 3rd Fl-Ste 331
- 3,898 SF
- Office
- -
- Now
- 3rd Fl-Ste 334
- 1,965 SF
- Office
- Full Build-Out
- Now
- 3rd Fl-Ste 355
- 1,955 SF
- Office
- Full Build-Out
- Now
- 4th Fl-Ste 430
- 3,749 SF
- Office
- Full Build-Out
- Now
- 4th Fl-Ste 458
- 1,607 SF
- Office
- Full Build-Out
- Now
- 4th Fl-Ste 484
- 2,392 SF
- Office
- Full Build-Out
- Now
- 4th Fl-Ste 489
- 6,113 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 112 I | 186 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 112 J | 186 SF | Office | - | Now |
| 2nd Fl-Ste 225 | 780 SF | Office | - | Jan 2026 |
| 3rd Fl-Ste 308 | 2,786 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 331 | 3,898 SF | Office | - | Now |
| 3rd Fl-Ste 334 | 1,965 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 355 | 1,955 SF | Office | Full Build-Out | Now |
| 4th Fl-Ste 430 | 3,749 SF | Office | Full Build-Out | Now |
| 4th Fl-Ste 458 | 1,607 SF | Office | Full Build-Out | Now |
| 4th Fl-Ste 484 | 2,392 SF | Office | Full Build-Out | Now |
| 4th Fl-Ste 489 | 6,113 SF | Office | - | Now |
1st Fl-Ste 112 I
| Size |
| 186 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 112 J
| Size |
| 186 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 225
| Size |
| 780 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Jan 2026 |
3rd Fl-Ste 308
| Size |
| 2,786 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 331
| Size |
| 3,898 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
3rd Fl-Ste 334
| Size |
| 1,965 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 355
| Size |
| 1,955 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Fl-Ste 430
| Size |
| 3,749 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Fl-Ste 458
| Size |
| 1,607 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Fl-Ste 484
| Size |
| 2,392 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Fl-Ste 489
| Size |
| 6,113 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3rd Fl-Ste 308
| Size | 2,786 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 41-13-36-383-043 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $4,400,080 CAD |
PROPERTY TAXES
Parcel Number
41-13-36-383-043
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,400,080 CAD
1 of 13
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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401 Hall St SW
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