551 Michigan Street, Grand Rapids, Michigan, United States, 49503

900,000
for Sale
1
2,178

About the property:

INVEST ON THE MEDICAL MILE. 551 Michigan Street NE offers a rare opportunity to own commercial real estate directly along Grand Rapids' Michigan Street / Medical Mile corridor—an area shaped by billions of dollars in healthcare, research, education, housing, and commercial investment. The property includes approximately 2,070 square feet of commercial space across two parcels, on-site parking, and prominent Michigan Street exposure near I-196 and Downtown Grand Rapids. Nearby institutions include Corewell Health Butterworth Hospital, Helen DeVos Children's Hospital, Van Andel Institute, Michigan State University College of Human Medicine, and GVSU's expanding health campus. Use it today. Reposition it tomorrow. Hold it for what Grand Rapids becomes next. Ideal for an owner-user, investor, or developer seeking long-term positioning within one of West Michigan's strongest institutional and employment corridors. Offered at $900,000.
Property Type:
Retail
Status:
for Sale
House Style:
Other
Bathrooms:
1
Full Bathrooms:
1
Acres:
0.17
Square Feet:
2070
Subdivision:
NO
Heating Type:
0
Cross Street:
College/Dudley PL NE
Directions:
Head South on College to Michigan Ave. Head east until you hit 551 Michigan Ave. (The north side of the road)
Is Health:
Yes
Is Investment:
Yes
Is Institutional:
Yes
Is Medical:
Yes
Is Other:
Yes
Is Parking:
Yes
Annual Property Taxes:
2,633
Listing ID:
26053456

Rooms

Dimensions

Brokered by:
Keller Williams Professionals
Presented By: