Industrial Properties
850 Pannell Street Northwest Grand Rapids, MI 49504
Details & Description
Price: $1,350,000
    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

    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
    • 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
    850 Pannell Street Northwest | for Sale | Thumbnail 1
    850 Pannell Street Northwest | for Sale | Thumbnail 2
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    850 Pannell Street Northwest | for Sale | Thumbnail 5
    Building Size: 96,266 SF
    Lot Size: 9.370 AC
    Land Size: 408,157 SF
    Building $/SF: $14.02
    Land $/SF: $3.31
    Price
    $1,350,000
    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.

    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 Industrial Properties for Sale

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    Grand Rapids Area Market Trends

    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

    Total Working Age Population:

    Total Households:

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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 850 Pannell Street Northwest in Grand Rapids?
    The asking price for 850 Pannell Street Northwest is $1,350,000
    What is the building size of this Industrial property in Grand Rapids, MI?
    The size of the building/unit at 850 Pannell Street Northwest in Grand Rapids is 96,266 square feet
    How much land does the Grand Rapids, MI property at 850 Pannell Street Northwest include?
    850 Pannell Street Northwest in Grand Rapids includes 9.370 acres of land
    What kind of Industrial is the propery at 850 Pannell Street Northwest?
    The property at 850 Pannell Street Northwest Grand Rapids, MI 49504 is listed as a Warehouse Industrial property
    What is the population within 1 mile of 850 Pannell Street Northwest in Grand Rapids?
    The population within 1 mile of 850 Pannell Street Northwest Grand Rapids, MI 49504 is 8,653 people.
    Who do I contact for questions about 850 Pannell Street Northwest?
    You should contact the listing agent, Stuart Kingma, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    MBS International Airport (MBS) 89
    South Bend Regional Airport (SBN) 95
    General Mitchell International Airport (MKE) 112