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314 Straight Avenue SW

Off-Market

314 Straight Avenue SW, Grand Rapids, MI 49504

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  • Property Type Industrial - Flex - Industrial
  • Property Size 116,747 Sqft
  • Lot Size 1.8 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1890

Location

  • City Grand Rapids, MI
  • Neighborhood S.W.A.N.
  • Zip Code 49504
  • 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 Date 08 Apr, 2018
  • 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 $26,784
  • Market Value $1,017,571
  • Assessed Value $1,017,571

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

Frequently Asked Questions

What is the total square footage of 314 Straight Avenue SW?

314 Straight Avenue SW totals 116,747 square feet.

When was this property built?

314 Straight Avenue SW was built in 1890.

When was 314 Straight Avenue SW last sold?

314 Straight Avenue SW was last sold on 08 Apr, 2018.

What is the property tax for 314 Straight Avenue SW?

The property tax for 314 Straight Avenue SW in 2021 was $26,784.

What is the market value for 314 Straight Avenue SW?

The market value for 314 Straight Avenue SW in 2021 was $1,017,571.

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