551 Michigan ST NE, City Of Grand Rapids, MI 49503
551 Michigan ST NE, City Of Grand Rapids, MI 49503
551 Michigan ST NE, City Of Grand Rapids, MI 49503
551 Michigan ST NE, City Of Grand Rapids, MI 49503
551 Michigan ST NE, City Of Grand Rapids, MI 49503
551 Michigan ST NE, City Of Grand Rapids, MI 49503
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$ 900,000
Est. payment | /mo

1 Bath

2,070 SqFt


Save
$ 900,000
Est. payment | /mo
Save

1 Bath

2,070 SqFt

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 2,070 sqft

Price per Sqft $434

Subdivision No

MLS Listing ID 65026053456

Year Built 1923

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type BusinessandRealEstate

Property Description

INVEST ON THE MEDICAL MILE. 551 Michigan Street NE offers a rare opportunity to own commercial real estate directly along Grand Rapids' Michigan Street / Medical Mile corridor--an area shaped by billions of dollars in healthcare, research, education, housing, and commercial investment. The property includes approximately 2,070 square feet of commercial space across two parcels, on-site parking, and prominent Michigan Street exposure near I-196 and Downtown Grand Rapids. Nearby institutions include Corewell Health Butterworth Hospital, Helen DeVos Children's Hospital, Van Andel Institute, Michigan State University College of Human Medicine, and GVSU's expanding health campus. Use it today. Reposition it tomorrow. Hold it for what Grand Rapids becomes next. Ideal for an owner-user, investor, or developer seeking long-term positioning within one of West Michigan's strongest institutional and employment corridors. Offered at $900,000.

Location

State MI

County Kent

Area Area41142Grandrapids

Rooms

Basement Common Storage Locker

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Paved

Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable

View Y/N No

Roof Type Composition, Rubber

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Grand Rapids

Others

Ownership Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Realcomp MLS
Listed by Jeffrey Glover of Keller Williams Professionals

Nearby Locations

Emily Wakeford
Emily Wakeford

Agent License ID: 6501430006

+1(586) 265-6265 | soldbyemilywakeford@gmail.com

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551 Michigan ST NE