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3535 Lake Eastbrook Blvd SE

Grand Rapids, MI
Total Size
912 sqft
Year Constructed
Year Renovated
Building Class

About 3535 Lake Eastbrook Blvd SE

Recently remodeled inside and out. Very unique. Located on Lake Eastbrook with fantastic views. Close to shopping, restaurants and highways. Could be live/work, retail, service or various other commercial uses. Rubber roof. On-site parking, including one covered space. Current tenants (The Leslie Studio and Battjes Realty) are month-to-month and have been there for over twenty years.

Owner will consider a land contract with the following terms: - 20% down - 6% interest - 30 year amortization - 10 year pay off - Parking description: 6 total spaces, 1 of which is covered. - Area description: Lots of shopping, restaurants in the immediate vicinity, plus very close to highways. - Number of buildings: 1 - Building condition: Good - Tenancy: Multiple Tenants

The Market: Grand Rapids

The typical asking rate per listing is in the $10's per square foot per year. The Grand Rapids submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.

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

Median Rate Median Size

Median Rate over Time in Grand Rapids