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55 Ionia Ave NW - The Morton Unités de condo • Commerce de détail • 6 838-10 199 pi² • À vendre 835 791 $-1 687 191 $ CAD par unité • Grand Rapids, MI 49503



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Faits saillants de l'investissement
- Offer unique, historic architecture, vaulted, ornate high ceilings with opportunity to restore or redevelop the space into a new use
Résumé de l'annonce
The Morton Retail – Historic Commercial Condo For Sale The Morton Retail Commercial Condo is a new offering for Sale on the popular Monroe Center Retail corridor in Downtown Grand Rapids. This property features a commercial condo that offers unique, historic architecture, vaulted, ornate high ceilings with opportunity to restore or redevelop the space into a new use. This offering includes a bonus mezzanine of 3,392 SF and a lower level bank vault of 6,807 SF. This could be a great opportunity to reimagine a range of uses from Retail to Restaurant to Showroom or Design Studio. The Morton was redeveloped in 2015 into luxury condos, apartments, a boutique hotel, office space and ground floor/ lower level retail. Monroe Center begins with Rosa Parks Circle, the Grand Rapids Art Museum, popular restaurants, Class A office buildings, hotels, and multiple retailers like Gazelle Sports and Shinola.
2 Unités disponibles
- Unité
- Taille de l’unité
- Utilisation du condo
- Prix
- Revenu net d’exploitation
| Type de vente | Investissement | ID/Numéro de lot | 411325286024 |
| Type de vente | Investissement |
| ID/Numéro de lot | 411325286024 |
This property features a commercial condo that offers unique, historic architecture, vaulted, ornate high ceilings with opportunity to
restore or redevelop the space into a new use. This offering includes a bonus mezzanine level, 3,392 SF. This offering also could include
a bank vault on the lower level. This could be a great opportunity to reimagine a range of uses from Retail to Restaurant to Showroom
or Design Studio. The Morton was redeveloped in 2015 into luxury condos, apartments, a boutique hotel, office space and ground floor/
lower level retail. Monroe Center begins with Rosa Parks Circle, the Grand Rapids Art Museum, popular restaurants, Class A office buildings,
hotels, and multiple retailers like Gazelle Sports and Shinola.
Legal Address is 55 Ionia Ave NW, Grand Rapids, MI 49503.
This property features a commercial condo that offers unique, historic architecture, vaulted, ornate high ceilings with opportunity to
restore or redevelop the space into a new use. This offering includes a bonus mezzanine level, 3,392 SF. This offering also could include
a bank vault on the lower level. This could be a great opportunity to reimagine a range of uses from Retail to Restaurant to Showroom
or Design Studio. The Morton was redeveloped in 2015 into luxury condos, apartments, a boutique hotel, office space and ground floor/
lower level retail. Monroe Center begins with Rosa Parks Circle, the Grand Rapids Art Museum, popular restaurants, Class A office buildings,
hotels, and multiple retailers like Gazelle Sports and Shinola.
Legal Address is 55 Ionia Ave NW, Grand Rapids, MI 49503.
| Type de vente | Investissement |
| Type de vente | Investissement |
This property features a commercial condo that offers unique, historic architecture, vaulted, ornate high ceilings with opportunity to
restore or redevelop the space into a new use. This offering includes a bonus mezzanine of 3,392 SF and a lower level bank vault of 6,807
SF. This could be a great opportunity to reimagine a range of uses from Retail to Restaurant to Showroom or Design Studio. The Morton
was redeveloped in 2015 into luxury condos, apartments, a boutique hotel, office space and ground floor/ lower level retail. Monroe Center
begins with Rosa Parks Circle, the Grand Rapids Art Museum, popular restaurants, Class A office buildings, hotels, and multiple retailers
like Gazelle Sports and Shinola.
| Unité | Taille de l’unité | Utilisation du condo | Prix | Revenu net d’exploitation |
| Unité 1 | 6 838 pi² | Commerce de détail | 835 791 $ CAD (122,23 $ CAD/pi²) | - |
| Unité LL + MEZZ | 10 199 pi² | Commerce de détail | 1 687 191 $ CAD (165,43 $ CAD/pi²) | - |
Unité 1
| Taille de l’unité |
| 6 838 pi² |
| Utilisation du condo |
| Commerce de détail |
| Prix |
| 835 791 $ CAD (122,23 $ CAD/pi²) |
| Revenu net d’exploitation |
| - |
Unité LL + MEZZ
| Taille de l’unité |
| 10 199 pi² |
| Utilisation du condo |
| Commerce de détail |
| Prix |
| 1 687 191 $ CAD (165,43 $ CAD/pi²) |
| Revenu net d’exploitation |
| - |
Unité 1
| Taille de l’unité | 6 838 pi² |
| Utilisation du condo | Commerce de détail |
| Prix | 835 791 $ CAD (122,23 $ CAD/pi²) |
| Revenu net d’exploitation | - |
| Type de vente | Investissement |
| ID/Numéro de lot | 411325286024 |
| Description | |
| The Morton Retail Commercial Condo is a new offering for Sale on the popular Monroe Center Retail corridor in Downtown Grand Rapids. <br> This property features a commercial condo that offers unique, historic architecture, vaulted, ornate high ceilings with opportunity to <br> restore or redevelop the space into a new use. This offering includes a bonus mezzanine level, 3,392 SF. This offering also could include <br> a bank vault on the lower level. This could be a great opportunity to reimagine a range of uses from Retail to Restaurant to Showroom <br> or Design Studio. The Morton was redeveloped in 2015 into luxury condos, apartments, a boutique hotel, office space and ground floor/ <br> lower level retail. Monroe Center begins with Rosa Parks Circle, the Grand Rapids Art Museum, popular restaurants, Class A office buildings, <br> hotels, and multiple retailers like Gazelle Sports and Shinola.<br> Legal Address is 55 Ionia Ave NW, Grand Rapids, MI 49503.</li></ul> | |
| Notes sur la vente | |
| he Morton Retail Commercial Condo is a new offering for Sale on the popular Monroe Center Retail corridor in Downtown Grand Rapids. <br> This property features a commercial condo that offers unique, historic architecture, vaulted, ornate high ceilings with opportunity to <br> restore or redevelop the space into a new use. This offering includes a bonus mezzanine level, 3,392 SF. This offering also could include <br> a bank vault on the lower level. This could be a great opportunity to reimagine a range of uses from Retail to Restaurant to Showroom <br> or Design Studio. The Morton was redeveloped in 2015 into luxury condos, apartments, a boutique hotel, office space and ground floor/ <br> lower level retail. Monroe Center begins with Rosa Parks Circle, the Grand Rapids Art Museum, popular restaurants, Class A office buildings, <br> hotels, and multiple retailers like Gazelle Sports and Shinola.<br> Legal Address is 55 Ionia Ave NW, Grand Rapids, MI 49503.</li></ul> |
Unité LL + MEZZ
| Taille de l’unité | 10 199 pi² |
| Utilisation du condo | Commerce de détail |
| Prix | 1 687 191 $ CAD (165,43 $ CAD/pi²) |
| Revenu net d’exploitation | - |
| Type de vente | Investissement |
| Notes sur la vente | |
| The Morton Retail Commercial Condo is a new offering for Sale on the popular Monroe Center Retail corridor in Downtown Grand Rapids.<br> This property features a commercial condo that offers unique, historic architecture, vaulted, ornate high ceilings with opportunity to<br> restore or redevelop the space into a new use. This offering includes a bonus mezzanine of 3,392 SF and a lower level bank vault of 6,807<br> SF. This could be a great opportunity to reimagine a range of uses from Retail to Restaurant to Showroom or Design Studio. The Morton<br> was redeveloped in 2015 into luxury condos, apartments, a boutique hotel, office space and ground floor/ lower level retail. Monroe Center<br> begins with Rosa Parks Circle, the Grand Rapids Art Museum, popular restaurants, Class A office buildings, hotels, and multiple retailers<br> like Gazelle Sports and Shinola.</li></ul> |
Faits sur la propriété
| Taille totale du bâtiment | 183 375 pi² | Planchers | 13 |
| Type de propriété | Immeuble residentiel | Superficie de plancher typique | 14 105 pi² |
| Sous-type de propriété | Appartement | Année de construction | 1923 |
| Classe d’immeuble | C | Taille du lot | 0,36 AC |
| Zonage | C-3A - Commercial | ||
| Taille totale du bâtiment | 183 375 pi² |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Classe d’immeuble | C |
| Planchers | 13 |
| Superficie de plancher typique | 14 105 pi² |
| Année de construction | 1923 |
| Taille du lot | 0,36 AC |
| Zonage | C-3A - Commercial |
Commodités
Commodités du site
- Cour
- Centre de conditionnement physique
- Gestionnaire d'immeuble sur place
- Service de nettoyage à sec
- Service d'emballage
- Entreposage de vélo
- Ascenseur
- Entretien sur place
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 12 | - | 472 |
| 1+1 | 48 | - | 609 - 690 |
| 2+2 | 11 | - | 899 - 2 117 |
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55 Ionia Ave NW - The Morton
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