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50 Cottage Grove Street SW

Off-Market

50 Cottage Grove Street SW, Grand Rapids, MI 49507

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  • Property Type Industrial - Manufacturing
  • Property Size 339,300 Sqft
  • Lot Size 15.88 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1973

Location

  • City Grand Rapids, MI
  • Neighborhood Garfield Park
  • 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 $366,083
  • Market Value $13,907,902
  • Assessed Value $13,907,902

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

Frequently Asked Questions

What is the total square footage of 50 Cottage Grove Street SW?

50 Cottage Grove Street SW totals 339,300 square feet.

When was this property built?

50 Cottage Grove Street SW was built in 1973.

What is the property tax for 50 Cottage Grove Street SW?

The property tax for 50 Cottage Grove Street SW in 2021 was $366,083.

What is the market value for 50 Cottage Grove Street SW?

The market value for 50 Cottage Grove Street SW in 2021 was $13,907,902.

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