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Colonial Baking Company 1409 Buchanan Ave SW

37,856 SF Vacant Industrial Building Grand Rapids, MI 49507 $1,650,000 ($44/SF)

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

Price $1,650,000
Price Per SF $44
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
No. Stories 2
Year Built/Renovated 1929/2019
Parking Ratio 0.95/1,000 SF
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 3
Cross Streets Hall Street and Buchanan Ave
Opportunity Zone Yes

Amenities

  • Bus Line
  • Fenced Lot
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-17-01-251-009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$643,100

zoning

Zoning Code SD-IT (Industrial)
SD-IT (Industrial)
  • Listing ID: 33362929

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 1409 Buchanan Ave SW, Grand Rapids, MI 49507

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