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216 Michigan Street NE
Off-Market
216 Michigan Street NE, Grand Rapids, MI 49503
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Office - Medical Office
- Property Size 52,665 SF
- Lot Size 0.5 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1994
False
Location
- City Grand Rapids, MI
- Neighborhood Belknap Lookout
- Zip Code 49503
- Market Grand Rapids
Contacts
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Owner
Tenants
| Suite Name | Tenant | Leased Space |
Rent Price | Lease Type |
Space Type |
Lease Term |
| 370 17th Street #5500 | MERRILL, (303) 446-5500 | 23,824 SF | $23/SF/YR | Modified Gross |
General Office |
11/01/2014- N/A |
| 370 17th Street #6000 |
Morrison & Foerster, (303) 592-1500 |
10,710 SF | $26/SF/YR | Full Service |
General Office |
08/01/2013- 07/31/2023 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
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.
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)
Tax
- Property Tax in 2021 $106,884
- Market Value* $4,136,842
- Assessed Value $4,136,842
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 216 Michigan Street NE?
216 Michigan Street NE totals 52,665 square feet.
When was this property built?
216 Michigan Street NE was built in 1994.
When was 216 Michigan Street NE last sold?
216 Michigan Street NE was last sold on 16 Jul, 2013.
What is the property tax for 216 Michigan Street NE?
The property tax for 216 Michigan Street NE in 2021 was $106,884.
What is the market value for 216 Michigan Street NE?
The market value* for 216 Michigan Street NE in 2021 was $4,136,842.
*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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