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$6,350,000
Est. payment /mo
43,216 SqFt
Price Dropped by $150K
120 Ottawa Avenue Grand Rapids, MI 49503
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 43,216 sqft
Price per Sqft $146
Subdivision Mi
MLS Listing ID 70510978
Year Built 1956
Annual Tax Amount $143,787
Tax Year 2025
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions IRR
Property Sub-Type Commercial/Industrial
Property Description
Presenting the former historic Peninsular Club building in the heart of downtown Grand Rapids. Extraordinary opportunity boasting 5 stories of premier space. Building is in great condition including mechanicals and updated technology. Direct access to attached parking ramp. Main floor contains 6457 sf and is currently leased. 2nd and 3rd floors feature 5825 sf each with event and leisure space perfect for entertaining, catered events, or building out your desired space. 4th floor features 11,386 sf of immaculate office space currently occupied. 5th floor is also occupied for office space at 6494 sf. Basement is 7229 sf mostly used for storage.
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Commercial
Interior
Heating Heat Pump(s)
Building
Structure Type Block,Brick
Others
Ownership LLC
Energy Description Natural Gas
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX of Grand Rapids (Stndl)
Nearby Locations
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