- Property Type Industrial - Warehouse/Distribution
- Property Size 59,294 SF
- Lot Size 4.64 Acre
- Property Tenancy Owner Occupied
- Building Class B
- Year Built 1969
False
Contacts
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Owner
Brokers
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Documents
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Sales
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.
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
Location
Getting Around
-
Walk Score ®
2/100
Car-Dependent
-
Transit Score ®
28/100
Some Transit
-
Bike Score ®
48/100
Somewhat Bikeable
- City Grand Rapids, MI
- Neighborhood Black Hills
- Zip Code 49503
- Market Grand Rapids
Points of Interest
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Grand Rapids
1.33 miles
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4STAR
0.92 miles
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Marathon
1.03 miles
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Pacific Pride
1.28 miles
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Mobil
1.32 miles
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Speedway
1.45 miles
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Citgo
1.53 miles
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Mobil
1.54 miles
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BP
1.55 miles
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Meijer Express
1.71 miles
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Mobil
1.74 miles
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Overflow Parking
0.89 miles
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Lot Two
0.90 miles
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Lot One
1.05 miles
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Watson Lot
1.17 miles
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Seidman Lot
1.27 miles
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Grand Valley State University Pew Campus Parking
1.37 miles
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Area 6A
1.44 miles
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Museum Parking
1.48 miles
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Area 9
1.51 miles
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Area 2
1.55 miles
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Taco Bell
0.90 miles
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Tacos El Cuñado
0.95 miles
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McDonald's
1.03 miles
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Concessions
1.05 miles
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Subway
1.06 miles
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Little Caesars
1.17 miles
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Adobé In & Out
1.24 miles
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Burger King
1.47 miles
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Bistro Bella Vita
1.51 miles
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Big Boy
1.52 miles
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Bridge Street Market
1.71 miles
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Grand Central Market
1.77 miles
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Family Fare
2.57 miles
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ALDI
2.58 miles
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Wealthy Market
2.72 miles
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Fulton Street Farmer’s Market
3.02 miles
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Creston Market
3.19 miles
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Ken's Fruit Market
3.23 miles
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Family Fare
3.27 miles
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Family Fare
3.88 miles
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Franklin Street Fire Station
1.33 miles
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Bridge Street Fire Station
1.69 miles
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Cherry Health - Heart of the City Health Center
1.73 miles
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Grand Rapids Police Department
1.76 miles
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Mercy Health Saint Mary's
1.85 miles
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LaGrave Avenue Fire Station
1.86 miles
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Rite Aid
1.90 miles
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Division Avenue Fire Station
1.92 miles
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The Women's Center
2.14 miles
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Spectrum Health Butterworth Hospital
2.19 miles
Frequently Asked Questions
What is the total square footage of 1040 Market Avenue SW?
1040 Market Avenue SW totals 59,294 square feet.
When was this property built?
1040 Market Avenue SW was built in 1969.
When was 1040 Market Avenue SW last sold?
1040 Market Avenue SW was last sold on 21 Sep, 2012.
What is the property tax for 1040 Market Avenue SW?
The property tax for 1040 Market Avenue SW in 2022 was $56,019.
What is the market value for 1040 Market Avenue SW?
The market value* for 1040 Market Avenue SW in 2022 was $2,182,262.
*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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