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1020 Hall Street SW

Off-Market

1020 Hall Street SW, Grand Rapids, MI 49503

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 42,260 SF
  • Lot Size 1.55 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1970

Location

  • Walk Score ® Car-Dependent (35)
  • Transit Score ® Some Transit (33)
  • Bike Score ® Somewhat Bikeable (43)
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Black Hills
  • Zip Code 49503
  • Market Grand Rapids

Points of Interest

Grand Rapids

1.43 miles

D&W Quick Stop

4.31 miles

Speedway

5.01 miles

Admiral

5.05 miles

Walker, MI Supercharger

5.52 miles

Costco Gasoline

5.89 miles

BP

5.92 miles

Pacific Pride

7.91 miles

Family Fare Quick Stop

7.94 miles

Citgo

7.96 miles

ChargePoint

8.27 miles

Area 3

1.80 miles

Area 7

1.96 miles

Ramp 6

2.37 miles

Ethel Parking Lot

3.20 miles

MDOT Park & Ride - Kentwood

5.64 miles

Grandville High School Parking Lot

5.82 miles

Byron Center Public Schools Parking

9.25 miles

Robert L. Nickels Intermediate School Parking Lot

9.31 miles

Lot D9

9.85 miles

Lot D6

9.87 miles

Adobé In & Out

1.61 miles

Stella's Lounge

1.84 miles

Ruth's Chris Steak House

2.05 miles

The Butchers Union

2.10 miles

Fu Garden

2.39 miles

Maru

2.70 miles

Chez Olga

3.18 miles

Papa John's

3.31 miles

Subway

4.02 miles

Arby's

4.04 miles

Grand Central Market

1.98 miles

Ken's Fruit Market

2.78 miles

Fulton Street Farmer’s Market

3.05 miles

Fresh Thyme

4.53 miles

Meijer

4.61 miles

Meijer

4.78 miles

Target

4.79 miles

Meijer

4.86 miles

Meijer

5.12 miles

JCPenney

5.33 miles

Division Avenue Fire Station

1.49 miles

Cherry Health - Heart of the City Health Center

1.84 miles

Mercy Health Saint Mary's

1.93 miles

Grand Rapids Police Department

1.97 miles

LaGrave Avenue Fire Station

2.02 miles

Bridge Street Fire Station

2.08 miles

The Women's Center

2.37 miles

Spectrum Health Butterworth Hospital

2.42 miles

Chester Street Fire Station

2.73 miles

CVS Pharmacy

3.26 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 30 Oct, 2014
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Grand Rapids

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Grand Rapids Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $21.65
  • 2021 Office Vacancy Rate 14.55%
  • 2021 Office Completions (SF) 329,230

Grand Rapids Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $163.26
  • Y-o-Y Avg. PpSF Change -17.52%
  • 2021 Office Sales Volume $31.7M
  • 2021 Number of Transactions 3
View more Grand Rapids market trends

Tax

  • Property Tax in 2022 $35,937
  • Market Value* $1,390,928
  • Assessed Value $1,390,928

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 1020 Hall Street SW?

1020 Hall Street SW totals 42,260 square feet.

When was this property built?

1020 Hall Street SW was built in 1970.

When was 1020 Hall Street SW last sold?

1020 Hall Street SW was last sold on 30 Oct, 2014.

What is the property tax for 1020 Hall Street SW?

The property tax for 1020 Hall Street SW in 2022 was $35,937.

What is the market value for 1020 Hall Street SW?

The market value* for 1020 Hall Street SW in 2022 was $1,390,928.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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