500 Center Dr NW | Grand Rapids, MI 49544
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500 Center Dr NW
Grand Rapids, MI 49544
Hampton Inn Grand Rapids-North · Hospitality Property For Sale · 37,086 SF
Investment Highlights
- Fee simple interest in the institutionally owned and third-party managed Hampton Inn Grand Rapids North offered at steep discount to replacement cost
- Premium Hilton Brand: New ownership has the ability to retain the Hampton Inn brand, subject to required PIP and buyer approval by Hilton
- Proximate to Grand Rapids Medical Mile home to Butterworth Hospital, Meijer Heart Center, Helen DeVos Children’s Hospital, & more
- Offered unencumbered by management or debt
- Readily accessible to Interstate-96 with upwards of 80k vehicles passing the location daily and proximate to the Interstate-96 / US Hwy-131 junction
- Proximate to Spectrum Health, American Seating, Steelcase, Haworth, GE Aviation Systems, Alticore/Amway, Acrisure, Bissell, & more
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1988/2010 |
| Building Class | B | Tenancy | Single |
| Lot Size | 4.80 AC | Parking Ratio | 2.56/1,000 SF |
| Building Size | 37,086 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.80 AC |
| Building Size | 37,086 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1988/2010 |
| Tenancy | Single |
| Parking Ratio | 2.56/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
PROPERTY TAXES
| Parcel Number | 41-13-01-327-003 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,056,200 |
PROPERTY TAXES
Parcel Number
41-13-01-327-003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,056,200
zoning
| Zoning Code | CPUD (Commercial Planned Unit Development) |
| CPUD (Commercial Planned Unit Development) |
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