1060 Hall Street SW

Off-Market

1060 Hall Street SW, Grand Rapids, MI 49503

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 63,812 SF
  • Lot Size 1.97 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1960

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 16 Apr, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

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%
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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

Location

Getting Around

  • Walk Score ®

    35/100 Car-Dependent
  • Transit Score ®

    33/100 Some Transit
  • Bike Score ®

    43/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Black Hills
  • Zip Code 49503
  • Market Grand Rapids

Points of Interest

  • Grand Rapids

    1.48 miles

  • 4STAR

    0.40 miles

  • Speedway

    0.97 miles

  • Citgo

    1.01 miles

  • Marathon

    1.04 miles

  • Pacific Pride

    1.33 miles

  • BP

    1.34 miles

  • Mobil

    1.34 miles

  • Clark

    1.47 miles

  • Mobil

    1.57 miles

  • Mobil

    1.57 miles

  • Overflow Parking

    1.41 miles

  • Lot Two

    1.43 miles

  • Watson Lot

    1.51 miles

  • Lot One

    1.57 miles

  • Seidman Lot

    1.61 miles

  • Area 6A

    1.65 miles

  • Grand Valley State University Pew Campus Parking

    1.76 miles

  • Area 2

    1.79 miles

  • Cherry St. Parking

    1.80 miles

  • Museum Parking

    1.82 miles

  • Taco Bell

    0.40 miles

  • Tacos El Cuñado

    0.54 miles

  • McDonald's

    1.53 miles

  • Subway

    1.56 miles

  • Concessions

    1.57 miles

  • Subway

    1.57 miles

  • Little Caesars

    1.60 miles

  • Adobé In & Out

    1.64 miles

  • The Kitchen @ 40 Cherry

    1.77 miles

  • Bistro Bella Vita

    1.77 miles

  • Grand Central Market

    2.02 miles

  • ALDI

    2.05 miles

  • Bridge Street Market

    2.14 miles

  • Wealthy Market

    2.72 miles

  • Ken's Fruit Market

    2.82 miles

  • Family Fare

    3.02 miles

  • Fulton Street Farmer’s Market

    3.10 miles

  • Family Fare

    3.35 miles

  • Creston Market

    3.58 miles

  • Meijer

    3.89 miles

  • Franklin Street Fire Station

    1.31 miles

  • Division Avenue Fire Station

    1.54 miles

  • Cherry Health - Heart of the City Health Center

    1.89 miles

  • Mercy Health Saint Mary's

    1.98 miles

  • Grand Rapids Police Department

    2.01 miles

  • LaGrave Avenue Fire Station

    2.06 miles

  • Bridge Street Fire Station

    2.10 miles

  • Rite Aid

    2.39 miles

  • CVS Pharmacy

    2.41 miles

  • The Women's Center

    2.41 miles

Frequently Asked Questions

What is the total square footage of 1060 Hall Street SW?

1060 Hall Street SW totals 63,812 square feet.

When was this property built?

1060 Hall Street SW was built in 1960.

When was 1060 Hall Street SW last sold?

1060 Hall Street SW was last sold on 16 Apr, 2015.

What is the property tax for 1060 Hall Street SW?

The property tax for 1060 Hall Street SW in 2022 was $31,752.

What is the market value for 1060 Hall Street SW?

The market value* for 1060 Hall Street SW in 2022 was $1,236,949.
*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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