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2240 29th Street SE

Off-Market

2240 29th Street SE, Grand Rapids, MI 49508

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

  • Property Type Industrial - Manufacturing
  • Property Size 26,160 SF
  • Lot Size 2.91 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1978

Location

  • Walk Score ® Car-Dependent (32)
  • Transit Score ® Some Transit (37)
  • Bike Score ® Somewhat Bikeable (37)
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Millbrook
  • Zip Code 49508
  • Market Grand Rapids

Points of Interest

Grand Rapids

4.42 miles

Admiral

1.74 miles

BP

3.29 miles

GoLo

3.83 miles

ChargePoint

3.98 miles

Grand Rapids Supercharger

4.01 miles

Mobil

4.75 miles

Exxon

6.04 miles

Shell

6.33 miles

Costco Gasoline

8.12 miles

Speedway

8.19 miles

Ethel Parking Lot

3.30 miles

Eastown Hub Parking Lot

3.37 miles

The Rapid Silverline Park & Ride

4.56 miles

Ramp 8

4.90 miles

Grand Valley State University Pew Campus Parking

5.24 miles

School Bus Parking

5.27 miles

Overflow Parking

5.73 miles

Lot Two

5.77 miles

Parking Lot J

5.86 miles

Glenmore High School Parking

8.68 miles

Shiraz Grille

0.39 miles

The Pita House

1.82 miles

Wok & Mortar

2.93 miles

Arby's

2.94 miles

Jet's Pizza

3.99 miles

Bartertown Diner

4.53 miles

Taco Bell

4.69 miles

Wendy's

4.77 miles

Culver's

5.07 miles

Little Caesars

5.32 miles

Fresh Thyme

1.16 miles

Kohl's

1.21 miles

Woodland Mall

1.27 miles

Centerpointe Mall

1.76 miles

D&W

2.93 miles

Target

3.57 miles

ALDI

3.70 miles

Forest Hills Foods

3.85 miles

Fulton Street Farmer’s Market

3.96 miles

Family Fare

4.03 miles

Walgreens

0.93 miles

Kentwood Justice Center

2.39 miles

Kentwood Police Station

2.41 miles

Kentwood Fire Station

2.47 miles

East Grand Rapids Public Saftey

2.67 miles

Blodgett Hospital

3.10 miles

Forest View Hospital

3.61 miles

Chester Street Fire Station

3.75 miles

Walgreens

3.89 miles

Franklin Street Fire Station

4.04 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 07 Mar, 2005
  • 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

Tax

  • Property Tax in 2022 $29,857
  • Market Value* $1,112,811
  • Assessed Value $1,112,811

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 2240 29th Street SE?

2240 29th Street SE totals 26,160 square feet.

When was this property built?

2240 29th Street SE was built in 1978.

When was 2240 29th Street SE last sold?

2240 29th Street SE was last sold on 07 Mar, 2005.

What is the property tax for 2240 29th Street SE?

The property tax for 2240 29th Street SE in 2022 was $29,857.

What is the market value for 2240 29th Street SE?

The market value* for 2240 29th Street SE in 2022 was $1,112,811.
*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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