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542 Cesar E Chavez Ave SW

38,230 SF 100% Leased Industrial Building Grand Rapids, MI 49503 £2,078,686 (£54/SF)

Investment Highlights

  • Redevelopment Opportunity
  • Downtown Location
  • Frontage on 3 Streets

Executive Summary

Investment opportunity on the outskirts of downtown that is positioned well for redevelopment. Currently there are 3 vacant land lots and two multi tenant mixed use buildings. In total there are 1.76 acres with frontage on Cesar Chavez, Pleasant St,. and Grant St.
• 2 BUILDINGS, 3 VACANT LOTS
• 542: 38,230 SF
• 570: 12,480 SF
• 600: 0.06 ACRES
• 602: 0.083 ACRES
• 606: 0.095 ACRES

Attachments

542 Cesar Chavez FLYER 4.2.24

Property Facts

Price £2,078,686 Rentable Building Area 38,230 SF
Price Per SF £54 Number of Floors 1
Sale Type Investment or Owner User Year Built 1949
Property Type Industrial Clear Ceiling Height 18 ft
Property Subtype Warehouse 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.
Lot Size 1.28 AC
Price £2,078,686
Price Per SF £54
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Lot Size 1.28 AC
Rentable Building Area 38,230 SF
Number of Floors 1
Year Built 1949
Clear Ceiling Height 18 ft
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.
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Walk Score ®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
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of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 41-13-36-252-001 Improvements Assessment £0
Land Assessment £0 Total Assessment £197,279

PROPERTY TAXES

Parcel Number
41-13-36-252-001
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£197,279

zoning

Zoning Code SD-IT (Special District - Industrial transportation)
SD-IT (Special District - Industrial transportation)
(616) 698-5000

  • Listing ID: 31676712

  • Date on Market: 02/05/2024

  • Last Updated:

  • Address: 542 Cesar E Chavez Ave SW, Grand Rapids, MI 49503

The Industrial Property at 542 Cesar E Chavez Ave SW, Grand Rapids, MI 49503 is currently available For Sale. Contact First Companies Inc. for more information.

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542 Cesar E Chavez Ave SW, Grand Rapids, MI for sale Primary Photo- Image 1 of 3
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600, 602 & 606 Cesar Chavez

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Ty Hallock

(616) 698-5000

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Matt Abraham

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