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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
  • Unité 1
  • 6 838 pi²
  • Commerce de détail
  • 835 791 $ CAD (122,23 $ CAD/pi²)
  • -
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.
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.
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.
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.
  • Unité LL + MEZZ
  • 10 199 pi²
  • Commerce de détail
  • 1 687 191 $ CAD (165,43 $ CAD/pi²)
  • -
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.
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

Les informations ci-dessous concernent l’ensemble de l’immeuble. Les caractéristiques propres à chaque lot peuvent varier et sont précisées dans la description du lot présenté ci-dessus.
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
Moyennement accessible à pied
70/100
Exceptionnellement adapté aux voitures
90/100
Bons transports en commun
70/100
Moyennement accessible en vélo
60/100
  • ID d’inscription: 40491466

  • Date de mise sur le marché: 2026-05-12

  • Dernière mise à jour:

  • Adresse: 55 Ionia Ave NW, Grand Rapids, MI 49503

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