Industrial Properties - For Sale
850 Pannell Street Northwest Grand Rapids, MI 49504
Details & Description
Price: $1,350,000
  • Property Type Industrial for Sale : Warehouse
  • Lot Size Acres 9.370
  • Building Sq Ft 96,266
  • Building Price per Sq Ft $14.02
  • Land Sq Ft 408,157
  • Land Price per Sq Ft $3.31
The property located 850 Pannell St NW is unique in the fact that it is heavy industrial land which is a rare find in today’s real estate market. The building has been stripped of most components, however, it is ready to be renovated for a Buyer’s use. Multiple uses are possible given the fact that there is significant opportunity here for outdoor storage .The property features multiple ceiling heights and loading docks, however, it will be suitable for a wide variety of uses given its heavy industrial zone and outdoor storage capacity.NOTE: This property will be deed restricted in a form yet to be confirmed, however, it will be designed to restrict all recycling operations that would be competitive with the Seller’s primary business.
Additional Photos
Listing Agents
Stuart Kingma
NAI Wisinski of West Michigan
O: 616-575-7022
M: 616-581-5000
skingma@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.

850 Pannell Street Northwest

Grand Rapids, MI 49504

Listing ID: 231934
$1,350,000
For Sale
  • Property Type Industrial for Sale : Warehouse
  • Lot Size Acres 9.370
  • Building Sq Ft 96,266
  • Building Price per Sq Ft $14.02
  • Land Sq Ft 408,157
  • Land Price per Sq Ft $3.31
  • 850 Pannell Street Northwest Grand Rapids, MI 49504 | for Sale | Photo 1
  • 850 Pannell Street Northwest Grand Rapids, MI 49504 | for Sale | Photo 2
  • 850 Pannell Street Northwest Grand Rapids, MI 49504 | for Sale | Photo 3
  • 850 Pannell Street Northwest Grand Rapids, MI 49504 | for Sale | Photo 4
  • 850 Pannell Street Northwest Grand Rapids, MI 49504 | for Sale | Photo 5
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Description

The property located 850 Pannell St NW is unique in the fact that it is heavy industrial land which is a rare find in today’s real estate market. The building has been stripped of most components, however, it is ready to be renovated for a Buyer’s use. Multiple uses are possible given the fact that there is significant opportunity here for outdoor storage .

The property features multiple ceiling heights and loading docks, however, it will be suitable for a wide variety of uses given its heavy industrial zone and outdoor storage capacity.

NOTE: This property will be deed restricted in a form yet to be confirmed, however, it will be designed to restrict all recycling operations that would be competitive with the Seller’s primary business.

Listing Demographics for 850 Pannell Street 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 Population8,65390,370203,591
Population Median Age343636
Population by Age0-9 Yrs1134 (13%)10685 (11%)26337 (12%)
10-19 Yrs1250 (14%)9401 (10%)24743 (12%)
20-29 Yrs1789 (20%)20578 (22%)42320 (20%)
30-39 Yrs1346 (15%)14473 (16%)30932 (15%)
40-49 Yrs894 (10%)9198 (10%)21505 (10%)
50-59 Yrs911 (10%)10326 (11%)22754 (11%)
60-69 Yrs774 (8%)8301 (9%)18700 (9%)
70+ Yrs556 (6%)7408 (8%)16300 (8%)
Median HH Income$51,070$51,066$53,142
Total Household Income< 24K701 (21%)8693 (23%)17656 (22%)
25-49K905 (27%)9647 (25%)19713 (25%)
50-74K769 (23%)7234 (19%)15464 (19%)
75-99K464 (14%)5022 (13%)10206 (12%)
100-199K388 (11%)5587 (14%)13047 (16%)
200K+49 (1%)1097 (2%)2693 (3%)
Highest Education LevelNo Diploma624536915552
Diploma or GED15711451631200
Some College15011432328793
Assoc. Degree366541311341
Bachelors Degree11211502031901
Higher Degree332611014137
Total Housing Units3,65340,90285,251
--Owner-Occupied1,96820,40245,075
--Renter-Occupied1,31016,87833,704
Owner-Occupied Values< 100K61243819885
100-199K12041216223570
200-299K13327127716
300-399K187312220
400-499K1134631
500K+02811053
Total Working Age Population6,77273,868162,363
In Work Force4,87852,935113,718
Not In Work Force1,89420,93348,645
Workforce Employed4,66650,435107,741
Workforce Unemployed2122,4355,882
Civlian Workforce4,87852,870113,623
Military Workforce06595
Total Households3,27837,27978,779
Family Households1,92319,44644,654
Non-Family Households1,35517,83434,125
Married Couple1,30313,17230,312
Other Family6206,27414,342
Married w/Child5284,88211,942
Single Male w/Child489392,164
Single Female w/Child3512,6756,253

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
Ottawa County238,314+11263,801+12295,791+12331,723

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
Stuart Kingma - CRE Agent at NAI Wisinski of West Michigan

Stuart Kingma

NAI Wisinski of West Michigan
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