Michigan / Grand Rapids / 49503 / 11 Ottawa Avenue Northwest

11 Ottawa Avenue Northwest

Q: What is the asking price for 11 Ottawa Avenue Northwest in Grand Rapids?

The asking price for 11 Ottawa Avenue Northwest is $16,500,000

Q: What is the building size of this Specialty property in Grand Rapids, MI?

The size of the building/unit at 11 Ottawa Avenue Northwest in Grand Rapids is 42,760 square feet.

Q: How much land does the Grand Rapids, MI property at 11 Ottawa Avenue Northwest include?

11 Ottawa Avenue Northwest in Grand Rapids includes 0.579 acres of land.

Q: What kind of Specialty is the propery at 11 Ottawa Avenue Northwest?

The property at 11 Ottawa Avenue Northwest Grand Rapids, MI 49503 is listed as a Other Specialty Specialty property.

Q: What is the population within 1 mile of 11 Ottawa Avenue Northwest?

The population within 1 mile of 11 Ottawa Avenue Northwest Grand Rapids, MI 49503 is 16,996 people.

Q: Who do I contact for questions about 11 Ottawa Avenue Northwest?

You should contact the listing agent, Frank Melchert, for any details regarding this commercial listing.

Grand Rapids, MI 49503

Listing ID: 211793

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Building Size: 42,760 SF

Lot Size: 0.579 AC

Land Size: 25,206 SF

Building $/SF: $385.87

Land $/SF: $654.61

Price

$16,500,000

Description

An opportunity to acquire West Michigan’s premier entertainment venue. Situated in the booming downtown of Grand Rapids Michigan, this five-floor, 70,000 sq. ft. former warehouse houses a brewery, steakhouse, comedy club, 16 bars, six kitchens, a 5,200 sq. ft. beer garden, and event rooms.

Attachments & Files

digomthebobreduced-1-L3B-hG2.pdf

Points of Interest & Demographic Radii

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Grand Rapids History of Specialty Real Estate for Sale

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Listing Demographics for 11 Ottawa Avenue Northwest Grand Rapids, MI 49503

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		16,996	141,001	264,650
Population Median Age		34	33	36
Population by Age	0-9 Yrs	1341 (7%)	19406 (13%)	35564 (13%)
	10-19 Yrs	1478 (8%)	18883 (13%)	33347 (12%)
	20-29 Yrs	6005 (35%)	32647 (23%)	52439 (19%)
	30-39 Yrs	2842 (16%)	22215 (15%)	39964 (15%)
	40-49 Yrs	1663 (9%)	14820 (10%)	28042 (10%)
	50-59 Yrs	1737 (10%)	14547 (10%)	30159 (11%)
	60-69 Yrs	1233 (7%)	10560 (7%)	24107 (9%)
	70+ Yrs	696 (4%)	7921 (5%)	21027 (7%)

Median HH Income		$43,282	$47,558	$53,107
Total Household Income	< 24K	2725 (33%)	13684 (26%)	22128 (22%)
	25-49K	1847 (22%)	13483 (25%)	25504 (25%)
	50-74K	1418 (17%)	10027 (19%)	19391 (19%)
	75-99K	702 (8%)	5999 (11%)	13066 (13%)
	100-199K	950 (11%)	6908 (13%)	16151 (16%)
	200K+	500 (6%)	1779 (3%)	4163 (4%)

Highest Education Level	No Diploma	1177	14291	22199
	Diploma or GED	1748	19798	39958
	Some College	1961	17782	35653
	Assoc. Degree	890	6503	13775
	Bachelors Degree	3502	19593	40093
	Higher Degree	1917	9218	19863

Total Housing Units		9,348	57,385	107,786
--Owner-Occupied		2,205	27,054	60,140
--Renter-Occupied		5,936	24,826	40,263
Owner-Occupied Values	< 100K	466	8927	14103
	100-199K	681	12944	30482
	200-299K	449	2933	8788
	300-399K	321	1024	3119
	400-499K	57	398	1465
	500K+	229	827	2183

Total Working Age Population		14,862	110,382	209,386
In Work Force		11,246	78,354	145,637
Not In Work Force		3,616	32,028	63,749
Workforce Employed		10,373	73,273	137,594
Workforce Unemployed		861	5,064	7,914
Civlian Workforce		11,233	78,337	145,508
Military Workforce		12	17	129

Total Households		8,141	51,881	100,403
Family Households		2,772	28,504	58,328
Non-Family Households		5,369	23,376	42,075
Married Couple		1,842	17,108	39,766
Other Family		930	11,397	18,562
Married w/Child		531	7,350	16,301
Single Male w/Child		128	1,730	2,814
Single Female w/Child		413	5,158	7,808

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Michigan	9,938,444	-1	9,883,640	+1	10,023,423	+4	10,424,510
Kent County	574,335	+5	602,622	+11	668,535	+12	746,921

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 11 Ottawa Avenue Northwest in Grand Rapids?

The asking price for 11 Ottawa Avenue Northwest is $16,500,000

What is the building size of this Specialty property in Grand Rapids, MI?

The size of the building/unit at 11 Ottawa Avenue Northwest in Grand Rapids is 42,760 square feet

How much land does the Grand Rapids, MI property at 11 Ottawa Avenue Northwest include?

11 Ottawa Avenue Northwest in Grand Rapids includes 0.579 acres of land

What kind of Specialty is the propery at 11 Ottawa Avenue Northwest?

The property at 11 Ottawa Avenue Northwest Grand Rapids, MI 49503 is listed as a Other Specialty Specialty property

What is the population within 1 mile of 11 Ottawa Avenue Northwest in Grand Rapids?

The population within 1 mile of 11 Ottawa Avenue Northwest Grand Rapids, MI 49503 is 16,996 people.

Who do I contact for questions about 11 Ottawa Avenue Northwest?

You should contact the listing agent, Frank Melchert, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
20 Monroe Avenue Northwest, Grand Rapids, MI	$15,500,000	71037	0.56
1 Division Avenue North, Grand Rapids, MI	$4,795,000	16000	3.3
630 Kenmoor Avenue Southeast, Grand Rapids, MI	$2,400,000	5000	0.63
1880 Leonard Street Northwest, Marne, MI	$125,000	1685	0.33
186 1st Street, Clarksville, MI	$595,000	24148	7
4584 North Bailey Road, Coral, MI	$85,000	3332	0.6
1600 North Getty Street, Muskegon, MI	$250,000	6320	3.8
1354 Michigan 89, Plainwell, MI	$295,000	9374	1.07
380 Long Street, Sunfield, MI	$695,000	27500	4.6
15 Carlyle Street, Battle Creek, MI	$1,500,000	19725	-

Closest Commercial Airports

Airport	Distance (mi)
MBS International Airport (MBS)	89
South Bend Regional Airport (SBN)	93
General Mitchell International Airport (MKE)	112