1621 Century Avenue SW

Off-Market

1621 Century Avenue 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 - Warehouse/Distribution
  • Property Size 29,294 SF
  • Lot Size 1.7 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1946

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • 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 ®

    65/100 Somewhat Walkable
  • Transit Score ®

    39/100 Some Transit
  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Roosevelt Park
  • Zip Code 49503
  • Market Grand Rapids

Points of Interest

  • Grand Rapids

    1.52 miles

  • Citgo

    0.56 miles

  • Mobil

    0.58 miles

  • 4STAR

    0.61 miles

  • BP

    0.84 miles

  • Clark

    0.98 miles

  • Speedway

    1.01 miles

  • Marathon

    1.02 miles

  • Pacific Pride

    1.27 miles

  • Mobil

    1.52 miles

  • Marathon

    1.57 miles

  • Area 6A

    1.74 miles

  • Watson Lot

    1.81 miles

  • Cherry St. Parking

    1.85 miles

  • Area 2

    1.89 miles

  • Seidman Lot

    1.90 miles

  • Wege Parking Ramp

    1.91 miles

  • Area 3

    1.94 miles

  • Overflow Parking

    2.06 miles

  • Museum Parking

    2.09 miles

  • Lot Two

    2.09 miles

  • Tacos El Cuñado

    0.29 miles

  • Taco Bell

    0.70 miles

  • Jet's Pizza

    1.52 miles

  • McDonald's

    1.64 miles

  • The Kitchen @ 40 Cherry

    1.82 miles

  • Peppino's

    1.84 miles

  • One Twenty Three Tavern

    1.86 miles

  • Leo's Coney Island on Tap

    1.87 miles

  • Tavern on the Square

    1.89 miles

  • Bistro Bella Vita

    1.92 miles

  • ALDI

    1.55 miles

  • Ken's Fruit Market

    2.04 miles

  • Grand Central Market

    2.12 miles

  • Wealthy Market

    2.37 miles

  • Bridge Street Market

    2.52 miles

  • Fulton Street Farmer’s Market

    2.85 miles

  • Family Fare

    3.07 miles

  • Meijer

    3.11 miles

  • D&W

    3.59 miles

  • D&W Fresh Market

    3.71 miles

  • Division Avenue Fire Station

    0.78 miles

  • Franklin Street Fire Station

    1.14 miles

  • Cherry Health - Heart of the City Health Center

    1.86 miles

  • Mercy Health Saint Mary's

    1.90 miles

  • LaGrave Avenue Fire Station

    2.08 miles

  • Grand Rapids Police Department

    2.10 miles

  • Bridge Street Fire Station

    2.46 miles

  • Chester Street Fire Station

    2.49 miles

  • The Women's Center

    2.51 miles

  • Spectrum Health Butterworth Hospital

    2.55 miles

Frequently Asked Questions

What is the total square footage of 1621 Century Avenue SW?

1621 Century Avenue SW totals 29,294 square feet.

When was this property built?

1621 Century Avenue SW was built in 1946.

What is the property tax for 1621 Century Avenue SW?

The property tax for 1621 Century Avenue SW in 2022 was $41,153.

What is the market value for 1621 Century Avenue SW?

The market value* for 1621 Century Avenue SW in 2022 was $1,603,134.
*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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