Office Space / Michigan / Grand Rapids / 49534 / 3950 Lake Michigan Drive Northwest

3950 Lake Michigan Drive Northwest

Q: What is the asking price for 3950 Lake Michigan Drive Northwest in Grand Rapids?

The asking price for 3950 Lake Michigan Drive Northwest is $860,000

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

The size of the building/unit at 3950 Lake Michigan Drive Northwest in Grand Rapids is 11,786 square feet.

Q: How much land does the Grand Rapids, MI property at 3950 Lake Michigan Drive Northwest include?

3950 Lake Michigan Drive Northwest in Grand Rapids includes 1.270 acres of land.

Q: What kind of Office is the propery at 3950 Lake Michigan Drive Northwest?

The property at 3950 Lake Michigan Drive Northwest Grand Rapids, MI 49534 is listed as a Professional Office property.

Q: What is the population within 1 mile of 3950 Lake Michigan Drive Northwest?

The population within 1 mile of 3950 Lake Michigan Drive Northwest Grand Rapids, MI 49534 is 6,422 people.

Q: Who do I contact for questions about 3950 Lake Michigan Drive Northwest?

You should contact the listing agent, Drew Nelson, for any details regarding this commercial listing.

Grand Rapids, MI 49534

Listing ID: 257363

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Building Size: 11,786 SF

Lot Size: 1.270 AC

Land Size: 55,321 SF

Building $/SF: $72.97

Land $/SF: $15.55

Price

$860,000

Description

Opportunity to own on high trafficked Lake Michigan Drive for under $73 PSF! A buyer has multiple options of how to use the space including owner/ user, investment property or even redevelopment. Tenants who want to lease in this prime location have the option to lease the entire building or the entire first floor. Located in the heart of the Standale Business District.

Attachments & Files

flyer-18-TnT-gSL.pdf

Points of Interest & Demographic Radii

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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 Office Space for Sale

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Listing Demographics for 3950 Lake Michigan Drive Northwest Grand Rapids, MI 49534

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		6,422	31,026	114,297
Population Median Age		39	41	36
Population by Age	0-9 Yrs	771 (12%)	3813 (12%)	15529 (13%)
	10-19 Yrs	593 (9%)	3477 (11%)	14437 (12%)
	20-29 Yrs	1099 (17%)	4095 (13%)	21307 (18%)
	30-39 Yrs	1007 (15%)	4185 (13%)	16756 (14%)
	40-49 Yrs	560 (8%)	2942 (9%)	11466 (10%)
	50-59 Yrs	835 (13%)	4265 (13%)	13320 (11%)
	60-69 Yrs	935 (14%)	4261 (13%)	11207 (9%)
	70+ Yrs	623 (9%)	3988 (12%)	10274 (8%)

Median HH Income		$55,105	$65,284	$55,316
Total Household Income	< 24K	562 (19%)	2045 (16%)	8966 (20%)
	25-49K	736 (25%)	2731 (21%)	10962 (25%)
	50-74K	654 (22%)	2582 (20%)	8787 (20%)
	75-99K	490 (16%)	1969 (15%)	5974 (13%)
	100-199K	423 (14%)	2966 (23%)	7622 (17%)
	200K+	78 (2%)	477 (3%)	1309 (3%)

Highest Education Level	No Diploma	176	1029	8625
	Diploma or GED	1181	5365	19671
	Some College	1185	5347	17526
	Assoc. Degree	443	2385	6587
	Bachelors Degree	932	5312	15203
	Higher Degree	476	2285	6010

Total Housing Units		3,015	13,400	46,821
--Owner-Occupied		1,675	9,382	27,093
--Renter-Occupied		1,268	3,389	16,526
Owner-Occupied Values	< 100K	168	1023	5717
	100-199K	818	5140	14294
	200-299K	598	2419	4876
	300-399K	69	498	1288
	400-499K	5	163	384
	500K+	16	139	536

Total Working Age Population		5,337	25,035	89,779
In Work Force		3,774	16,691	62,693
Not In Work Force		1,562	8,343	27,086
Workforce Employed		3,655	16,154	59,914
Workforce Unemployed		112	504	2,746
Civlian Workforce		3,767	16,658	62,660
Military Workforce		7	33	34

Total Households		2,943	12,770	43,619
Family Households		1,598	7,810	26,331
Non-Family Households		1,345	4,961	17,288
Married Couple		1,318	6,398	19,104
Other Family		280	1,412	7,227
Married w/Child		405	2,265	7,746
Single Male w/Child		37	180	899
Single Female w/Child		107	506	3,221

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
Ottawa County	238,314	+11	263,801	+12	295,791	+12	331,723

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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 3950 Lake Michigan Drive Northwest in Grand Rapids?

The asking price for 3950 Lake Michigan Drive Northwest is $860,000

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

The size of the building/unit at 3950 Lake Michigan Drive Northwest in Grand Rapids is 11,786 square feet

How much land does the Grand Rapids, MI property at 3950 Lake Michigan Drive Northwest include?

3950 Lake Michigan Drive Northwest in Grand Rapids includes 1.270 acres of land

What kind of Office is the propery at 3950 Lake Michigan Drive Northwest?

The property at 3950 Lake Michigan Drive Northwest Grand Rapids, MI 49534 is listed as a Professional Office property

What is the population within 1 mile of 3950 Lake Michigan Drive Northwest in Grand Rapids?

The population within 1 mile of 3950 Lake Michigan Drive Northwest Grand Rapids, MI 49534 is 6,422 people.

Who do I contact for questions about 3950 Lake Michigan Drive Northwest?

You should contact the listing agent, Drew Nelson, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
South Bend Regional Airport (SBN)	92
MBS International Airport (MBS)	93
General Mitchell International Airport (MKE)	108