1661 Monroe Avenue NW Listing Details & Market Data
1661 Monroe Avenue NW, Grand Rapids, MI 49505
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- Property Type Industrial - Warehouse/Distribution
- Property Size 350,000 SF
- Lot Size 7.28 Acre
- Property Tenancy Single Tenant
- Building Class B
- Year Built 1982
- City Grand Rapids, MI
- Neighborhood Creston
- Zip Code 49505
- Market Grand Rapids
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Average Actual Rents in Grand Rapids
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Asking Rents in Grand Rapids Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $22.54
- 2020 Office Vacancy Rate 11.83%
- 2020 Office Completions (SF)
- Property Tax in 2021 $250,039
- Market Value* $9,677,508
- Assessed Value $9,677,508
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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.