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550 Richmond St NW 21,000 SF Vacant Industrial Building Grand Rapids, MI 49504 $2,735,680 CAD ($130.27 CAD/SF)
Investment Highlights
- Rarely Available Outside Storage
- Less than 10 minutes to Downtown Grand Rapids (2.4 miles)
- Immediate Access to US-131
- Frontage on Major City Street
Executive Summary
This rarely available industrial infill site offers immediate expressway access and excellent proximity to downtown Grand Rapids. Situated on 3.53 acres, the property includes three buildings, totaling 21,000 square feet, that accommodate a wide range of industrial uses. Ideal for landscaping, construction, construction supply, and trucking operations, each building features 12’ x 14’ drive-in doors for efficient access. The site also presents a strong user/investor opportunity, as the outbuildings have historically generated rental income. The buildings are equipped with robust electrical service, including 400 amp/480v, 220v, and 120v power, supporting various operational needs.
Property Facts
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $678,628 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$678,628 CAD
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550 Richmond St NW
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