1411 Michigan Street NE

Off-Market

1411 Michigan Street NE, 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 41,120 SF
  • Lot Size 1.45 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1958

Location

Getting Around

  • Walk Score ® 75/100 Very Walkable
  • Transit Score ® 29/100 Some Transit
  • Bike Score ® 50/100 Bikeable
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Northeast Grand Rapids
  • Zip Code 49503
  • Market Grand Rapids

Points of Interest

Grand Rapids

2.19 miles

Speedway

0.26 miles

Speedway

0.97 miles

Shell

2.51 miles

Meijer Express

2.55 miles

Marathon

2.61 miles

Shell

2.87 miles

D&W Quick Stop

3.06 miles

Citgo

4.53 miles

Speedway

4.69 miles

Walker, MI Supercharger

5.58 miles

East Albertus Lot

0.93 miles

Wealthy Market's Parking

1.19 miles

Ramp 6

1.52 miles

Wege Parking Ramp

1.61 miles

Stauffer Street Trailhead

7.23 miles

Gerald R. Ford Airport Cell Phone Lot

7.81 miles

Carpool Lot

9.36 miles

Grandville High School Parking Lot

9.36 miles

Parking Lot G

9.77 miles

Cascade Peace Park Entrance Parking

9.98 miles

KFC

0.55 miles

Wolfgang's

1.07 miles

McDonald's

1.25 miles

Tavern on the Square

1.92 miles

Peppino's

1.94 miles

Taco Bell

2.64 miles

Gino's Pizza

3.21 miles

Taco Bell

3.92 miles

Olive Garden

4.24 miles

Sandy's Donuts

4.40 miles

Fulton Street Farmer’s Market

0.62 miles

ALDI

4.19 miles

Kohl's

4.20 miles

Kohl's

4.31 miles

Macy's

4.34 miles

Woodland Mall

4.43 miles

Target

4.45 miles

ALDI

4.77 miles

Centerpointe Mall

4.79 miles

Walmart Supercenter

5.44 miles

Spectrum Health Long-Term Care

0.35 miles

Chester Street Fire Station

0.99 miles

Blodgett Hospital

1.32 miles

Spectrum Health Butterworth Hospital

1.52 miles

The Women's Center

1.55 miles

Mercy Health Saint Mary's

1.67 miles

Grand Valley Pharmacist

1.77 miles

Cherry Health - Heart of the City Health Center

1.79 miles

OAM NOW Urgent Orthopaedic Care

1.80 miles

Grand Rapids Police Department

1.80 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 13 Jan, 1998
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • 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

Frequently Asked Questions

What is the total square footage of 1411 Michigan Street NE?

1411 Michigan Street NE totals 41,120 square feet.

When was this property built?

1411 Michigan Street NE was built in 1958.

When was 1411 Michigan Street NE last sold?

1411 Michigan Street NE was last sold on 13 Jan, 1998.

What is the property tax for 1411 Michigan Street NE?

The property tax for 1411 Michigan Street NE in 2022 was $38,545.

What is the market value for 1411 Michigan Street NE?

The market value* for 1411 Michigan Street NE in 2022 was $1,501,562.
*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.

Tax

  • Property Tax in 2022 $38,545
  • Market Value* $1,501,562
  • Assessed Value $1,501,562

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.

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