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345 Lake Michigan Dr

16,000 SF Vacant Retail Building Grand Rapids, MI 49534 £1,423,799 (£89/SF)

Executive Summary

The property located at 345 Lake Michigan Dr. has been used by Hall's Sport Center for years as a boat retailer / service facility. Due to Hall's continued expansion, this facility is coming available in early 2024. The property features floor to ceiling windows as well as clear span construction, and a well lit interior
showroom. There is an excellent parts warehouse and retail marine store as well as five service bays in the rear of the building. The facility is serviced with a total of 8 overhead doors offering excellent access. The property can be re-tasked for a wide variety of uses and businesses and will not last long. NOTE: This property will be deed restricted against boat sales and service. Listing and Premises sale is contingent on Seller closing on the acquisition of Seller's replacement location.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
16,000 SF
Building Class
C
Year Built
2010
Price
£1,423,799
Price Per SF
£89
Percent Leased
Vacant
Number of Floors
1
Building FAR
0.21
Lot Size
1.78 AC
Zoning
C-2
Frontage
231 ft on Lake Michigan Dr

Nearby Major Retailers

Freddy's Frozen Custard & Steakburgers
Applebee's
Starbucks
Independent Bank
Meijer
BIGGBY Coffee
Fifth Third Bank
ALDI
Flagstar

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
70-10-24-400-082
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£555,838
  • Listing ID: 29950518

  • Date on Market: 02/11/2023

  • Last Updated:

  • Address: 345 Lake Michigan Dr, Grand Rapids, MI 49534

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