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549 Ionia Avenue SW

Off-Market

549 Ionia Avenue SW, Grand Rapids, MI 49503

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 33,732 SF
  • Lot Size 1 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1965

Location

  • Walk Score ® Very Walkable (88)
  • Transit Score ® Good Transit (64)
  • Bike Score ® Bikeable (69)
Powered by Walk Score ®
  • City Grand Rapids, MI
  • Neighborhood Southeast Grand Rapids
  • Zip Code 49503
  • Market Grand Rapids

Points of Interest

Grand Rapids

0.23 miles

Sunoco

2.46 miles

Admiral

3.44 miles

Mobil

3.58 miles

Marathon

4.89 miles

Speedway

5.07 miles

Walker, MI Supercharger

5.26 miles

Marathon

5.89 miles

Pacific Pride

6.32 miles

Pacific Pride

6.33 miles

ChargePoint

7.40 miles

Museum Parking

0.92 miles

Congress Elementary Parking Lot

1.38 miles

Overflow Parking

1.62 miles

Lot Two

1.67 miles

East Albertus Lot

2.22 miles

Plymouth Lot

2.30 miles

Gerald R. Ford Airport Cell Phone Lot

8.16 miles

Hager Park Parking

9.43 miles

Parking Lot G

9.91 miles

Parking Lot F

9.96 miles

Real Seafood Co

1.00 miles

Greenwell

1.31 miles

Terra

1.87 miles

Little Caesars

2.73 miles

Rose's

2.98 miles

Fugi Yama

4.76 miles

Outback Steakhouse

5.21 miles

Peppino's Pizza

5.22 miles

Jersey Mike's Subs

5.30 miles

Arby's

5.45 miles

Bridge Street Market

1.44 miles

Fulton Street Farmer’s Market

1.69 miles

D&W

2.83 miles

D&W Fresh Market

3.51 miles

Macy's

4.78 miles

Von Maur

4.84 miles

Woodland Mall

4.85 miles

JCPenney

4.91 miles

TJ Maxx

5.29 miles

Centerpointe Mall

5.35 miles

Franklin Street Fire Station

0.24 miles

Cherry Health - Heart of the City Health Center

0.51 miles

Mercy Health Saint Mary's

0.56 miles

Grand Rapids Police Department

0.77 miles

The Women's Center

1.17 miles

Spectrum Health Butterworth Hospital

1.21 miles

Monroe Avenue Fire Station

2.20 miles

Spectrum Health Long-Term Care

2.28 miles

Blodgett Hospital

2.41 miles

Walker Street Pharmacy

2.43 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 18 Jan, 2018
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Origination Date
  • Loan Maturity Date

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 (SF)
View more Grand Rapids market trends

Tax

  • Property Tax in 2022 $34,373
  • Market Value* $1,330,408
  • Assessed Value $1,330,408

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 549 Ionia Avenue SW?

549 Ionia Avenue SW totals 33,732 square feet.

When was this property built?

549 Ionia Avenue SW was built in 1965.

When was 549 Ionia Avenue SW last sold?

549 Ionia Avenue SW was last sold on 18 Jan, 2018.

What is the property tax for 549 Ionia Avenue SW?

The property tax for 549 Ionia Avenue SW in 2022 was $34,373.

What is the market value for 549 Ionia Avenue SW?

The market value* for 549 Ionia Avenue SW in 2022 was $1,330,408.
*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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