Grand Rapids, MI 49503 551 Michigan Street NE
$985,000
25 more
Presented By: Nicole G Rinks at Century 21 Affiliated (GR) - (616) 369-4040
Baths • 1
Home Details
Prime commercial building located in the heart of Grand Rapids' prestigious Medical Mile, offering two flexible spaces suitable for medical offices, professional services, or retail. With high visibility and excellent foot traffic, this property is ideal for businesses seeking to serve the vibrant healthcare and residential communities nearby. Both spaces boast modern design, abundant natural light, and adaptable layouts to fit a range of business needs. The large parking lot provides ample space for both clients and staff, ensuring easy accessibility. This is a unique opportunity to establish your business in one of Grand Rapids' most sought-after locations, where proximity to medical institutions and a bustling retail environment combine to maximize potential. 2 parcels included
Presented By: Nicole G Rinks at Century 21 Affiliated (GR) - (616) 369-4040
Interior Features for 551 Michigan Street NE
Bathrooms
Total Baths1
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)Yes
Heating Y/NYes
Total Stories1
General for 551 Michigan Street NE
Additional Parcels Y/NNo
Availability Date2022-10-22
Business TypeProfessional/Office, Professional Service, Restaurant, Bar/Tavern/Lounge, Retail
CityGrand Rapids
Construction MaterialsVinyl Siding, Brick
CoolingCentral Air
CountyKent
DirectionsSouth on College to Michigan Ave. Head east until you hit 551 Michigan Ave. (The north side of the road)
Electric On Property Y/NNo
Full Baths1
HeatingForced Air
High School DistrictGrand Rapids
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionSee attached
Listing TermsConventional, Cash
Lot Size Square Feet7187.0
Lot Size UnitsAcres
MLS AreaGrand Rapids - G
MLS Area MinorGrand Rapids - G
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-23T18:53:23Z
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
OwnershipPrivate Owned
PossessionClose Of Escrow
Property SubtypeRetail
Property TypeCommercial Sale
Rent Control Y/NNo
RoofComposition, Rubber
Senior CommunityNone
Standard StatusActive
StatusActive
Subdivision NameNO
Tax Annual Amount2895.88
Tax Assessed Value44870
Tax Year2022
TownshipCity of Grand Rapids
UtilitiesPhone Available, Natural Gas Connected, Electricity Connected
Waterfront Y/NNo
Year Built1923
Zoning Description201 Commerical
Exterior for 551 Michigan Street NE
Building Area Total2070.0
Crops Included Y/NNo
Foundation DetailsBlock
Horse Y/NNo
InclusionsOther, Real Estate
Irrigation Water Rights Y/NNo
Lot Dimensions60x120
Lot Size Acres0.17
Lot Size Area0.17
Number of Buildings1
Open Parking Y/NNo
Road Surface TypePaved
SpaNo
Total Parking15.0
Additional Details
Price History
Erin Redmon
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