1222 Burton Street SE

Off-Market

1222 Burton Street SE, Grand Rapids, MI 49507

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  • Property Type Industrial - Manufacturing
  • Property Size 29,346 SF
  • Lot Size 2.43 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1947

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 19 Apr, 2006
  • 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%
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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 ®

    73/100 Very Walkable
  • Transit Score ®

    39/100 Some Transit
  • Bike Score ®

    59/100 Bikeable
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Alger Heights
  • Zip Code 49507
  • Market Grand Rapids

Points of Interest

  • Grand Rapids

    2.71 miles

  • Marathon

    0.20 miles

  • Shell

    0.59 miles

  • Marathon

    0.82 miles

  • BP

    1.37 miles

  • Mobil

    1.43 miles

  • D&W Quick Stop

    1.44 miles

  • Sunoco

    1.60 miles

  • BP

    1.66 miles

  • Shell

    1.71 miles

  • Admiral

    1.74 miles

  • bus parking

    0.50 miles

  • Lake Michigan Academy's Parking

    1.51 miles

  • Ethel Parking Lot

    1.99 miles

  • Wealthy Market's Parking

    2.03 miles

  • Eastown Hub Parking Lot

    2.05 miles

  • East Albertus Lot

    2.28 miles

  • Plymouth Lot

    2.31 miles

  • Woodward Lot

    2.41 miles

  • Congress Elementary Parking Lot

    2.47 miles

  • Bukowski Lot

    2.48 miles

  • The Old Goat

    0.71 miles

  • Burger King

    1.24 miles

  • Taco Bell

    1.25 miles

  • McDonald's

    1.31 miles

  • CoreLife Eatery

    1.47 miles

  • Papa Chops Eatery

    1.62 miles

  • Shiraz Grille

    1.64 miles

  • Big Bobs Pizza

    1.99 miles

  • Little Caesars

    2.01 miles

  • Olive’s Restaurant and Bar

    2.02 miles

  • Ken's Fruit Market

    0.68 miles

  • Meijer

    1.13 miles

  • D&W Fresh Market

    1.48 miles

  • ALDI

    1.51 miles

  • Fresh Thyme

    1.57 miles

  • Wealthy Market

    2.04 miles

  • D&W

    2.11 miles

  • Kohl's

    2.36 miles

  • Macy's

    2.49 miles

  • Von Maur

    2.51 miles

  • Kalamazoo Avenue Fire Station

    0.71 miles

  • Walgreens

    0.97 miles

  • Rite Aid

    1.43 miles

  • Voice Consultants

    1.45 miles

  • Division Avenue Fire Station

    1.54 miles

  • Rite Aid

    2.01 miles

  • CVS Pharmacy

    2.01 miles

  • Blodgett Hospital

    2.03 miles

  • East Grand Rapids Public Saftey

    2.03 miles

  • Burton Street Fire Station

    2.10 miles

Frequently Asked Questions

What is the total square footage of 1222 Burton Street SE?

1222 Burton Street SE totals 29,346 square feet.

When was this property built?

1222 Burton Street SE was built in 1947.

When was 1222 Burton Street SE last sold?

1222 Burton Street SE was last sold on 19 Apr, 2006.

What is the property tax for 1222 Burton Street SE?

The property tax for 1222 Burton Street SE in 2022 was $30,286.

What is the market value for 1222 Burton Street SE?

The market value* for 1222 Burton Street SE in 2022 was $1,179,824.
*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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