440 Cesar E Chavez Ave SW - Freestanding FOR SALE


Grand Rapids, MI 49503- Roosevelt Park
$4,011,472 USD
248-226-1610
440 Cesar E Chavez Ave SW, Grand Rapids, MI for Sale
$4,011,472 USD
Freestanding - FOR SALE
1/3
null | 5.5% Cap Rate

440 Cesar E Chavez Ave SW
Grand Rapids, MI 49503
Roosevelt Park


HIGHLIGHTS

  • Rare 7.5% Increase Every 3 Years
  • Below Market Rent
  • Heart of Downtown Grand Rapids
  • Rare 15 Year Lease Extension - 16 Years Remaining
  • Fastest Growing MSA in MI - Phenomenal Demos
  • Brand New Roof and Parking Lot

OVERVIEW

Located in one of the **Midwest's best-performing real estate markets** and Michigan’s **fastest-growing MSA** with over 1.1 million residents, this prime property offers exceptional investment potential in the heart of **Grand Rapids**. Featuring **drive-around capability** and operational since 2000, the site is strategically positioned with **easy access** to the US-131 on/off ramp. The **222 feet of frontage** along Cesar E Chavez Avenue and **20+ surface parking spaces** enhance its accessibility and visibility. Zoned **TN-TCC (Traditional Neighborhood – Transitional City Center Zone)**, the property is ideal for diverse uses. Its proximity to **Founders Brewery** and **$100M Grand Rapids Mixed-Use Development** ensures consistent foot traffic. This property is also near major transformative projects like the **Grand Action 2.0**, which includes the new **12,000-seat Acrisure Amphitheatre** and **8,500-seat soccer stadium**, solidifying its value in this thriving and dynamic market.

FOR SALE DETAILS

PRICE

$4,011,472 USD

PRICE/SF

$323 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sherwin Williams Commercial Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

C2

APN/PARCEL ID

41-13-36-202-020

ASK ABOUT THIS PROPERTY

Simon JonnaJonna GroupMore Info
248-226-1610

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Simon JonnaJonna GroupMore Info
248-226-1610

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.