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3058 Eastern Ave SE

Grand Rapids, MI
Floors
1
Total Size
41,000 sqft
Zoning
SD-IT
Year Constructed
1986
Year Renovated
2000
Building Class

About 3058 Eastern Ave SE

Ideal for commercial or industrial users with various suites available. Some suites are leased on a short-term basis which would allow future growth while receiving income. Large pylon sign on Eastern Avenue. Plenty of outside parking. Buyer will consider land contract purchase.

INDIV ELECTRIC METER: Yes.

INDIV GAS METER: Yes. - Parking description: Ample, free, on-site - Area description: Industrial, office, residential. - Number of buildings: 1 - Number of units: 7 - Tenancy: Multiple Tenants

Internet Providers for 3058 Eastern Ave SE

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
25 Mb/s
AT&T Michigan DSL
25 Mb/s
6 Mb/s
MegaPath Corporation Copper Wireline
6 Mb/s
6 Mb/s

The Market: Grand Rapids

The typical asking rate per listing is in the $20's per square foot per year. The Grand Rapids submarket is going through a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 28% rise in rent.

Compared to the rest of the Grand Rapids market, the Grand Rapids region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Median Rate Median Size
$24
/sqft/yr
1,900
sqft

Median Rate over Time in Grand Rapids