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133 Grandville Avenue SW

Off-Market

133 Grandville Avenue SW, Grand Rapids, MI 49503

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 35,880 SF
  • Lot Size 0.88 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1928

Location

  • Walk Score ® Walker's Paradise (91)
  • Transit Score ® Good Transit (68)
  • Bike Score ® Bikeable (61)
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Downtown Grand Rapids
  • Zip Code 49503
  • Market Grand Rapids

Points of Interest

Grand Rapids

0.30 miles

Speedway

2.55 miles

Speedway

2.77 miles

Mobil

4.00 miles

Walker, MI Supercharger

4.74 miles

Mobil

5.28 miles

Marathon

5.42 miles

Costco Gasoline

7.41 miles

ChargePoint

7.75 miles

Grand Rapids Supercharger

7.81 miles

Marathon

8.24 miles

Area 6A

0.11 miles

Cherry St. Parking

0.23 miles

Staff Parking

0.78 miles

Sneden Hall Parking Ramp

0.86 miles

Ramp 7

0.92 miles

Wealthy Market's Parking

1.55 miles

East Albertus Lot

2.37 miles

Woodward Lot

2.56 miles

The Rapid Silverline Park & Ride

7.25 miles

Wing Street Trailhead

8.33 miles

Cinco de Mayo

0.42 miles

Burger King

0.51 miles

El Sombrero

0.88 miles

Greenwell

1.40 miles

Taco Bell

1.82 miles

Wendy's

4.79 miles

Wendy's

4.80 miles

McDonald's

5.10 miles

KFC

5.14 miles

Fred's Italian

5.25 miles

Wealthy Market

1.56 miles

Fulton Street Farmer’s Market

1.72 miles

Creston Market

2.03 miles

ALDI

3.32 miles

Meijer

4.07 miles

Kohl's

4.28 miles

Kohl's

5.05 miles

Big Lots

5.09 miles

Macy's

5.20 miles

Woodland Mall

5.28 miles

Grand Rapids Police Department

0.38 miles

Cherry Health - Heart of the City Health Center

0.41 miles

LaGrave Avenue Fire Station

0.48 miles

Mercy Health Saint Mary's

0.57 miles

The Women's Center

0.78 miles

Spectrum Health Butterworth Hospital

0.83 miles

Chester Street Fire Station

1.51 miles

Monroe Avenue Fire Station

1.70 miles

Walgreens

1.90 miles

Division Avenue Fire Station

1.97 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 09 Mar, 2004
  • 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

Tax

  • Property Tax in 2022 $95,847
  • Market Value* $3,709,682
  • Assessed Value $3,709,682

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 133 Grandville Avenue SW?

133 Grandville Avenue SW totals 35,880 square feet.

When was this property built?

133 Grandville Avenue SW was built in 1928.

When was 133 Grandville Avenue SW last sold?

133 Grandville Avenue SW was last sold on 09 Mar, 2004.

What is the property tax for 133 Grandville Avenue SW?

The property tax for 133 Grandville Avenue SW in 2022 was $95,847.

What is the market value for 133 Grandville Avenue SW?

The market value* for 133 Grandville Avenue SW in 2022 was $3,709,682.
*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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