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255 Cottage Grove Street SE

Off-Market

255 Cottage Grove Street 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 75,444 Sqft
  • Lot Size 1.91 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1984

Location

  • City Grand Rapids, MI
  • Neighborhood Southeast Grand Rapids
  • Zip Code 49507
  • Market Grand Rapids

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.

  • 2020 Avg. Asking Rent $22.54
  • 2020 Office Vacancy Rate 11.83%
  • 2020 Office Completions (Sqft)
View more Grand Rapids market trends

Tax

  • Property Tax in 2021 $27,988
  • Market Value $1,083,276
  • Assessed Value $1,083,276

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 255 Cottage Grove Street SE?

255 Cottage Grove Street SE totals 75,444 square feet.

When was this property built?

255 Cottage Grove Street SE was built in 1984.

What is the property tax for 255 Cottage Grove Street SE?

The property tax for 255 Cottage Grove Street SE in 2021 was $27,988.

What is the market value for 255 Cottage Grove Street SE?

The market value for 255 Cottage Grove Street SE in 2021 was $1,083,276.

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