342 Market Avenue SW
342 Market Avenue SW, Grand Rapids, MI 49503
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- Property Type Industrial - Flex - Industrial
- Property Size 42,812 SF
- Lot Size 0.84 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1925
- Walk Score ® Somewhat Walkable (69)
- Transit Score ® Good Transit (66)
- Bike Score ® Bikeable (51)
- City Grand Rapids, MI
- Neighborhood Downtown Grand Rapids
- Zip Code 49503
- Market Grand Rapids
Points of Interest
D&W Quick Stop
Walker, MI Supercharger
Wege Parking Ramp
Ethel Parking Lot
Grandville High School Parking Lot
Stauffer Street Trailhead
School Bus Parking
Adobé In & Out
One Stop Coney Shop
The Omelette Shoppe
Kelvin and Co
Fulton Street Farmer’s Market
Cherry Health - Heart of the City Health Center
Grand Rapids Police Department
Mercy Health Saint Mary's
The Women's Center
Spectrum Health Butterworth Hospital
Walker Street Pharmacy
Spectrum Health Long-Term Care
Covell Avenue Fire Station
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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.
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
- Property Tax in 2022 $78,561
- Market Value* $3,040,646
- Assessed Value $3,040,646
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 342 Market Avenue SW?
342 Market Avenue SW totals 42,812 square feet.
When was this property built?
342 Market Avenue SW was built in 1925.
When was 342 Market Avenue SW last sold?
342 Market Avenue SW was last sold on 25 Oct, 2005.
What is the property tax for 342 Market Avenue SW?
The property tax for 342 Market Avenue SW in 2022 was $78,561.
What is the market value for 342 Market Avenue SW?
The market value* for 342 Market Avenue SW in 2022 was $3,040,646.
*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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