Retail Space
601 Eastern Avenue Southeast Grand Rapids, MI 49503
Details & Description
Price: $1,700,000
    First time available on the market; this prime retail property comes with two buildings, one vacant parcel behind and sits on a hard corner; lighted intersection. Area is changing rapidly and is in one of the fastest growing areas in West Michigan. Price includes business and FF&E. Great for owner/user, as a rental investment or redeveloped into multi-family/mix-use.
    Listing Agents
    Joe Rizqallah

    O: 616-235-6007
    M: 616-822-6310
    jrizqallah@signatureassociates.com
    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.

    601 Eastern Avenue Southeast

    Grand Rapids, MI 49503

    Listing ID: 226337
    601 Eastern Avenue Southeast Grand Rapids, MI 49503 | for Sale | Photo 1
    Building Size: 16,526 SF
    Lot Size: 0.460 AC
    Land Size: 20,037 SF
    Building $/SF: $102.87
    Land $/SF: $84.84
    Price
    $1,700,000
    Description

    First time available on the market; this prime retail property comes with two buildings, one vacant parcel behind and sits on a hard corner; lighted intersection. Area is changing rapidly and is in one of the fastest growing areas in West Michigan. Price includes business and FF&E. Great for owner/user, as a rental investment or redeveloped into multi-family/mix-use.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    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 Retail Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Grand Rapids Area Market Trends

    Listing Demographics for 601 Eastern Avenue Southeast 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 Population28,122146,041279,788
    Population Median Age333336
    Population by Age0-9 Yrs3358 (11%)20557 (14%)37895 (13%)
    10-19 Yrs3765 (13%)19363 (13%)36367 (12%)
    20-29 Yrs7533 (26%)32501 (22%)54071 (19%)
    30-39 Yrs4544 (16%)22832 (15%)42053 (15%)
    40-49 Yrs2845 (10%)15701 (10%)30054 (10%)
    50-59 Yrs2581 (9%)15491 (10%)31642 (11%)
    60-69 Yrs2014 (7%)11212 (7%)24715 (8%)
    70+ Yrs1481 (5%)8385 (5%)22990 (8%)
    Median HH Income$48,721$50,537$52,762
    Total Household Income< 24K2763 (25%)13338 (24%)23757 (22%)
    25-49K2666 (25%)13189 (24%)26470 (25%)
    50-74K2145 (20%)9847 (18%)20215 (19%)
    75-99K1089 (10%)6143 (11%)13444 (12%)
    100-199K1589 (14%)8253 (15%)16751 (15%)
    200K+396 (3%)2733 (5%)4575 (4%)
    Highest Education LevelNo Diploma18321412723920
    Diploma or GED35491870041583
    Some College34191688736803
    Assoc. Degree1272649014027
    Bachelors Degree49232241442152
    Higher Degree23351230121757
    Total Housing Units11,89558,351112,835
    --Owner-Occupied4,59328,99662,294
    --Renter-Occupied6,05424,50742,918
    Owner-Occupied Values< 100K1522821314956
    100-199K15431213230941
    200-299K92341698724
    300-399K36418963583
    400-499K999561724
    500K+14216302366
    Total Working Age Population22,650113,720220,705
    In Work Force16,51280,815152,175
    Not In Work Force6,13732,90568,529
    Workforce Employed15,08375,511143,495
    Workforce Unemployed1,4295,2468,564
    Civlian Workforce16,51280,757152,059
    Military Workforce058116
    Total Households10,64853,502105,212
    Family Households5,13630,39161,571
    Non-Family Households5,51223,11243,641
    Married Couple2,95819,26041,476
    Other Family2,17811,13120,095
    Married w/Child1,1718,45717,665
    Single Male w/Child3021,7182,971
    Single Female w/Child9844,8828,465

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Kent County574,335+5602,622+11668,535+12746,921

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    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 601 Eastern Avenue Southeast in Grand Rapids?
    The asking price for 601 Eastern Avenue Southeast is $1,700,000
    What is the building size of this Retail property in Grand Rapids, MI?
    The size of the building/unit at 601 Eastern Avenue Southeast in Grand Rapids is 16,526 square feet
    How much land does the Grand Rapids, MI property at 601 Eastern Avenue Southeast include?
    601 Eastern Avenue Southeast in Grand Rapids includes 0.460 acres of land
    What kind of Retail is the propery at 601 Eastern Avenue Southeast?
    The property at 601 Eastern Avenue Southeast Grand Rapids, MI 49503 is listed as a Other Retail Retail property
    What is the population within 1 mile of 601 Eastern Avenue Southeast in Grand Rapids?
    The population within 1 mile of 601 Eastern Avenue Southeast Grand Rapids, MI 49503 is 28,122 people.
    Who do I contact for questions about 601 Eastern Avenue Southeast?
    You should contact the listing agent, Joe Rizqallah, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    MBS International Airport (MBS) 89
    South Bend Regional Airport (SBN) 92
    General Mitchell International Airport (MKE) 114
    Price
    $1,700,000
    Listing Agent
    More listings from Joe Rizqallah
    Featured Local Vendors
    • SUPPORT OUR FREE PLATFORM •
    The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
    • Roofing Contractor •
    JL Roofing  logo
    Repair, replace, maintain. Click here!
    • Pest Control •
    AmeriPest logo
    Click for a pest-free workplace
    • Property Inspection •
    Code Advisor LLC logo
    We find what you may have missed!

    Share
    Other property types near Grand Rapids, MI