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4301 Canal Ave SW 12,985 SF 100% Leased Office Building Grandville, MI 49418 $4,084,452 CAD ($314.55 CAD/SF)



Investment Highlights
- Fully leased multi-tenant office property with established occupancy.
- Flexible office configuration supports multiple business types.
- Located within Grandville's established commercial corridor.
- Convenient access to I-196, Rivertown Parkway, and 44th Street.
- On-site parking accommodates tenants and visitors.
- Positioned near regional retail, dining, and business services.
Executive Summary
An excellent opportunity to acquire a 16,032 SF multi-tenant office building situated on 1.17 acres in the thriving Grandville market. This well-maintained property offers a versatile layout designed to accommodate multiple tenants, providing both stability and income potential for investors or an ideal headquarters location for an owner-user. The building features a combination of private offices, open work areas, and common spaces, making it adaptable for a variety of professional services and businesses. On-site parking ensures convenience for tenants and visitors alike. Located on Canal Avenue SW, the property is easily accessible from 28th Street, Ivanrest Avenue, and I-196, offering strong visibility and connectivity to the broader Grand Rapids metro area. The surrounding neighborhood is home to a healthy mix of residential, retail, and commercial activity, providing a steady tenant base.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
12,985 SF
Building Class
B
Year Built
1998
Price
$4,084,452 CAD
Price Per SF
$314.55 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,493 SF
Building FAR
0.26
Lot Size
1.16 AC
Zoning
OS-2 - Office
Parking
62 Spaces (3.94 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $1,099,093 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,099,093 CAD
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4301 Canal Ave SW
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