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607 Century Avenue SW

Off-Market

607 Century Avenue SW, Grand Rapids, MI 49503

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  • Property Type Industrial - Manufacturing
  • Property Size 72,912 SF
  • Lot Size 2.82 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1972

Location

  • City Grand Rapids, MI
  • Neighborhood Roosevelt Park
  • Zip Code 49503
  • 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 (SF)
View more Grand Rapids market trends

Tax

  • Property Tax in 2021 $68,224
  • Market Value* $2,640,553
  • Assessed Value $2,640,553

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 607 Century Avenue SW?

607 Century Avenue SW totals 72,912 square feet.

When was this property built?

607 Century Avenue SW was built in 1972.

What is the property tax for 607 Century Avenue SW?

The property tax for 607 Century Avenue SW in 2021 was $68,224.

What is the market value for 607 Century Avenue SW?

The market value* for 607 Century Avenue SW in 2021 was $2,640,553.
*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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