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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 SF
  • Lot Size 15.88 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1973

Location

  • Walk Score ® Very Walkable (72)
  • Transit Score ® Some Transit (38)
  • Bike Score ® Bikeable (56)
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Garfield Park
  • Zip Code 49507
  • Market Grand Rapids

Points of Interest

Grand Rapids

1.45 miles

Clark

1.27 miles

Family Fare Quick Stop

2.40 miles

U Save Mart

3.75 miles

Speedway

4.41 miles

Marathon

4.75 miles

Citgo

4.92 miles

Citgo

6.14 miles

Walker, MI Supercharger

6.37 miles

ChargePoint

7.00 miles

Grand Rapids Supercharger

7.05 miles

Watson Lot

1.90 miles

Seidman Lot

1.96 miles

Ethel Parking Lot

2.32 miles

Eastown Hub Parking Lot

2.35 miles

Ramp 8

2.43 miles

Grandville High School Bus Parking Lot

6.47 miles

Robert L. Nickels Intermediate School Parking Lot

9.12 miles

Parking Lot D

9.14 miles

Parking Lot C

9.15 miles

Parking Lot J

9.18 miles

Burger King

1.79 miles

McDonald's

2.00 miles

Littlebird

2.07 miles

Parsley Mediterranean Grill

2.07 miles

Smashburger

2.49 miles

Adobé In & Out

3.73 miles

Great White Fish Chicken

3.93 miles

Arby's

4.15 miles

Moe's Southwest Grill

4.56 miles

Fazoli's

5.30 miles

ALDI

1.74 miles

Wealthy Market

1.91 miles

Grand Central Market

2.02 miles

Fulton Street Farmer’s Market

2.43 miles

Family Fare

2.64 miles

Creston Market

3.71 miles

Kohl's

4.09 miles

Von Maur

4.25 miles

Woodland Mall

4.29 miles

TJ Maxx

4.74 miles

Franklin Street Fire Station

0.99 miles

Mercy Health Saint Mary's

1.67 miles

LaGrave Avenue Fire Station

1.91 miles

Grand Rapids Police Department

1.99 miles

Chester Street Fire Station

2.06 miles

The Women's Center

2.37 miles

Spectrum Health Butterworth Hospital

2.41 miles

Blodgett Hospital

2.68 miles

Rite Aid

2.91 miles

East Grand Rapids Public Saftey

3.12 miles

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
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 $203,027
  • Market Value* $7,857,968
  • Assessed Value $7,857,968

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 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 2022 was $203,027.

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

The market value* for 50 Cottage Grove Street SW in 2022 was $7,857,968.
*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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