Office Space - For Sale
1739 Elizabeth Avenue Northwest Grand Rapids, MI 49504
Details & Description
Price: $1,565,000
  • Property Type Office for Sale : Professional
  • Lot Size Acres 1.690
  • Building Sq Ft 29,000
  • Building Price per Sq Ft $53.97
  • Land Sq Ft 73,616
  • Land Price per Sq Ft $21.26
Investment Opportunity - Fully leased mixed use building. Two (2) office tenants and two (2) warehouse tenants. Building has undergone extensive renovations which include all windows, HVAC, parking lot, electrical, 6" reinforced concrete floors in warehouse, docks and dock levelers and completely renovated office space. Current NOI is $116,400.00.
Listing Agents
Mary Anne WisinskiRosely
NAI Wisinski of West Michigan
O: 616-776-0100
M: 616-450-7307
mawr@naiwwm.com
Jason Makowski
NAI Wisinski of West Michigan
O: 616-776-0100
M: 616-262-8532
jasonm@naiwwm.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.

1739 Elizabeth Avenue Northwest

Grand Rapids, MI 49504

Listing ID: 231794
$1,565,000
For Sale
  • Property Type Office for Sale : Professional
  • Lot Size Acres 1.690
  • Building Sq Ft 29,000
  • Building Price per Sq Ft $53.97
  • Land Sq Ft 73,616
  • Land Price per Sq Ft $21.26
1739 Elizabeth Avenue Northwest Grand Rapids, MI 49504 | for Sale | Photo 1
Description

Investment Opportunity - Fully leased mixed use building. Two (2) office tenants and two (2) warehouse tenants. Building has undergone extensive renovations which include all windows, HVAC, parking lot, electrical, 6" reinforced concrete floors in warehouse, docks and dock levelers and completely renovated office space. Current NOI is $116,400.00.

Listing Demographics for 1739 Elizabeth Avenue Northwest Grand Rapids, MI 49504

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 Population11,88598,711215,416
Population Median Age333636
Population by Age0-9 Yrs1666 (14%)11248 (11%)28147 (13%)
10-19 Yrs1750 (14%)9929 (10%)26662 (12%)
20-29 Yrs2709 (22%)23604 (23%)43892 (20%)
30-39 Yrs1779 (14%)16063 (16%)32580 (15%)
40-49 Yrs1230 (10%)10326 (10%)23068 (10%)
50-59 Yrs1159 (9%)11088 (11%)24259 (11%)
60-69 Yrs1002 (8%)8805 (8%)19673 (9%)
70+ Yrs589 (4%)7647 (7%)17135 (7%)
Median HH Income$47,080$50,329$53,372
Total Household Income< 24K1081 (24%)9641 (23%)18514 (22%)
25-49K1275 (29%)10706 (26%)20666 (24%)
50-74K945 (21%)7940 (19%)16084 (19%)
75-99K515 (11%)5361 (13%)10586 (12%)
100-199K461 (10%)5996 (14%)13872 (16%)
200K+88 (2%)1254 (3%)3154 (3%)
Highest Education LevelNo Diploma831609216863
Diploma or GED21151545932480
Some College18281538929778
Assoc. Degree480583111821
Bachelors Degree13221724233758
Higher Degree460696615671
Total Housing Units4,99344,86089,574
--Owner-Occupied2,19122,03548,150
--Renter-Occupied2,17418,86434,727
Owner-Occupied Values< 100K868475010531
100-199K11741302824632
200-299K11928748123
300-399K268762568
400-499K1174831
500K+43341465
Total Working Age Population9,20581,355171,083
In Work Force6,78758,404119,695
Not In Work Force2,41822,95151,388
Workforce Employed6,37355,476113,428
Workforce Unemployed4142,8936,172
Civlian Workforce6,78758,369119,600
Military Workforce03595
Total Households4,36540,89982,877
Family Households2,49620,57747,430
Non-Family Households1,86920,32235,446
Married Couple1,50613,83732,244
Other Family9906,74015,187
Married w/Child6215,13712,885
Single Male w/Child1051,0632,332
Single Female w/Child5582,7706,621

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

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.

Listing Location & Map Views
Closest Commercial Airports
Airport Distance (mi)
MBS International Airport (MBS) 89
South Bend Regional Airport (SBN) 95
General Mitchell International Airport (MKE) 112
Listing Agent
Mary Anne WisinskiRosely - CRE Agent at NAI Wisinski of West Michigan

Mary Anne WisinskiRosely

NAI Wisinski of West Michigan
Listing Co-Agent
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