45 Franklin Street SW Listing Details & Market Data
45 Franklin Street SW, Grand Rapids, MI 49507
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- Property Type Industrial - Manufacturing
- Property Size 50,451 SF
- Lot Size 4 Acre
- Property Tenancy Single Tenant
- Building Class B
- Year Built 1989
- City Grand Rapids, MI
- Neighborhood Southeast Grand Rapids
- Zip Code 49507
- 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 $58,314
- Market Value* $2,256,985
- Assessed Value $2,256,985
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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.