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56 Division Ave NGrand Rapids, MI 49503
City Center - Redevelopment
Asset ClassMixed Use, Multifamily, Hotel & Hospitality, Office, Retail
VACANT LANDMARK BUILDING IN HEART OF GRAND RAPIDS
overview of deal

Overview

This landmark building, built in 1912 and formerly occupied by Keeler Brass Co., is located in the heart of Downtown Grand Rapids on the corner of Division and Fountain. This building is one of the last remaining redevelopment parcels in Grand Rapids. The property holds immense investment potential featuring 7 stories, each approximately 24,000 SF. Space could be used for office, retail, hospitality, apartments, condos or mixed-use development. The property has parking spaces off an alley behind the building, with a basement level that could be developed into additional parking. Alternatively, the existing Ellis lot immediately adjacent to the building could potentially be developed into a parking ramp with Ellis participation.

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Investment Highlights

• 7 Floors

• 24,000 Sf Per Floor

• Restrooms On Each Floor

• 3 Passenger Elevators

• 1 Freight Elevator

• Roof & Basement Access

• Tall Ceilings On All Floors

• Parking Spaces Behind Building

• Potential Underground Parking

• Multiple Re-Development Options

• Property Has Been Approved To Be On Historic Registry

• Central Downtown Location

56 Division Ave NGrand Rapids, MI 49503

Sales Team

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