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1409 Buchanan Ave SW
Grand Rapids, MI 49507

Colonial Baking Company · Industrial Property For Sale

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EXECUTIVE SUMMARY

Three story mixed-use building. Three tenants occupy a combined total of 17,412 sf ft on main floor which is used for office and warehouse. Extreme demolition occupies 11,644 sq ft in the lower level. The balance of the first floor and entire 2nd floor are currently available for an owner/occupant. Warehouse space equipped with OH doors and loading docks. Fenced in on-site parking in the back of the building accessed from Stevens St. Conveniently located in closed proximity to US-131 and downtown.

PROPERTY FACTS

Sale Type	Investment or Owner User	Year Built/Renovated	1929/2019
Property Type	Industrial	Parking Ratio	0.95/1,000 SF
Property Subtype	Manufacturing	No. Dock-High Doors/Loading	3
Building Class	C	Level Access Doors	3
Lot Size	1.30 AC	Cross Streets	Hall Street and Buchanan Ave
Rentable Building Area	37,856 SF	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Number of Floors	2

Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Manufacturing
Building Class	C
Lot Size	1.30 AC
Rentable Building Area	37,856 SF
Number of Floors	2
Year Built/Renovated	1929/2019
Parking Ratio	0.95/1,000 SF
No. Dock-High Doors/Loading	3
Level Access Doors	3
Cross Streets	Hall Street and Buchanan Ave
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

AMENITIES

Bus Route

Fenced Lot

Signage

PROPERTY TAXES

Parcel Number	41-17-01-251-009	Improvements Assessment	£0
Land Assessment	£0	Total Assessment	£510,332

PROPERTY TAXES

Parcel Number

41-17-01-251-009

Land Assessment

£0

Improvements Assessment

£0

Total Assessment

£510,332

ZONING

Zoning Code	SD-IT (Industrial)
SD-IT (Industrial)

Listing ID: 33362929
Date on Market: 01/10/2024
Last Updated:
Address: 1409 Buchanan Ave SW, Grand Rapids, MI 49507

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