1549 Madison Avenue SE

Off-Market

1549 Madison Avenue SE, Grand Rapids, MI 49507

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

  • Property Type Industrial - Manufacturing
  • Property Size 25,545 SF
  • Lot Size 0.91 Acre
  • Property Tenancy Vacant
  • Building Class C
  • Year Built 1900

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 16 Mar, 1987
  • 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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on 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
View more Grand Rapids market trends

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable
  • Transit Score ®

    40/100 Some Transit
  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Southeast Grand Rapids
  • Zip Code 49507
  • Market Grand Rapids

Points of Interest

  • Grand Rapids

    1.54 miles

  • Marathon

    0.52 miles

  • BP

    0.60 miles

  • Mobil

    0.98 miles

  • BP

    1.02 miles

  • Shell

    1.03 miles

  • Marathon

    1.28 miles

  • Pacific Pride

    1.29 miles

  • Marathon

    1.42 miles

  • Mobil

    1.45 miles

  • Citgo

    1.51 miles

  • bus parking

    1.30 miles

  • Wealthy Market's Parking

    1.54 miles

  • Wege Parking Ramp

    1.55 miles

  • Area 6A

    1.75 miles

  • Cherry St. Parking

    1.76 miles

  • LaFontse Gallery Lot

    1.86 miles

  • Area 2

    1.87 miles

  • Ethel Parking Lot

    1.88 miles

  • Area 3

    1.89 miles

  • Congress Elementary Parking Lot

    1.89 miles

  • Tacos El Cuñado

    1.29 miles

  • The Old Goat

    1.29 miles

  • Donkey Taqueria

    1.43 miles

  • Royals

    1.43 miles

  • Erb Thai

    1.53 miles

  • McDonald's

    1.56 miles

  • The Electric Cheetah

    1.58 miles

  • Taco Bell

    1.65 miles

  • Uncle Cheetah's Soup Shop

    1.66 miles

  • Burger King

    1.66 miles

  • Ken's Fruit Market

    1.27 miles

  • Wealthy Market

    1.55 miles

  • Grand Central Market

    2.03 miles

  • ALDI

    2.07 miles

  • Fulton Street Farmer’s Market

    2.10 miles

  • Meijer

    2.27 miles

  • Family Fare

    2.28 miles

  • D&W

    2.51 miles

  • D&W Fresh Market

    2.59 miles

  • Bridge Street Market

    2.74 miles

  • Division Avenue Fire Station

    0.46 miles

  • Franklin Street Fire Station

    1.10 miles

  • Mercy Health Saint Mary's

    1.60 miles

  • Cherry Health - Heart of the City Health Center

    1.66 miles

  • Chester Street Fire Station

    1.73 miles

  • LaGrave Avenue Fire Station

    1.87 miles

  • Kalamazoo Avenue Fire Station

    1.91 miles

  • CVS Pharmacy

    1.93 miles

  • Grand Rapids Police Department

    2.00 miles

  • Walgreens

    2.15 miles

Frequently Asked Questions

What is the total square footage of 1549 Madison Avenue SE?

1549 Madison Avenue SE totals 25,545 square feet.

When was this property built?

1549 Madison Avenue SE was built in 1900.

When was 1549 Madison Avenue SE last sold?

1549 Madison Avenue SE was last sold on 16 Mar, 1987.

What is the property tax for 1549 Madison Avenue SE?

The property tax for 1549 Madison Avenue SE in 2022 was $25,539.

What is the market value for 1549 Madison Avenue SE?

The market value* for 1549 Madison Avenue SE in 2022 was $994,898.
*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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.