Contacts
Colin Soltis
GREA
(248) 800-0150
Property Details
- Property Type Other
- Units 21
- Date Updated Apr 26, 2024
- Website firestonelofts.sharplaunch.com
GREA is pleased to present the exclusive offering of Firestone Lofts in downtown Grand Rapids, MI. Firestone Lofts is a 21-unit luxury apartment property with high end finishes including granite counters, stainless steel appliances, and floor to ceiling windows. The property was rebuilt from top to bottom in 2017 and includes a private parking garage and workout facility.
Firestone Lofts is well positioned in downtown Grand Rapids allowing residents to walk to numerous restaurants, venues, and employers. The premium location in the heart of one of Michigan’s most sought-after neighborhoods will allow a new owner to continue to increase rents for years to come.
The property also benefits from reduced property taxes from an OPRA agreement boosting the property’s cashflow. Current ownership is open to seller financing for qualified buyers. Please contact Colin Soltis of GREA for more information.
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Highlights
- Fully Occupied
- Average In-Place Rents of $1,585
- Low In-Place Taxes through 2028
- Private Parking Garage and Gym
- Seller Financing Available
- Great Location Downtown
Getting around
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Location
- City Grand Rapids, MI
- Neighborhood Downtown Grand Rapids
- Zip Code 49503
- Market Grand Rapids
Points of Interest
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Grand Rapids
0.61 miles
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Mobil
0.50 miles
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Mobil
0.58 miles
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Mobil
0.67 miles
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Pacific Pride
0.82 miles
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Marathon
1.10 miles
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Meijer Express
1.20 miles
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BP
1.24 miles
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Speedway
1.38 miles
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Shell
1.40 miles
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BP
1.44 miles
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Staff Parking
0.27 miles
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Cherry St. Parking
0.29 miles
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Area 3
0.30 miles
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Wege Parking Ramp
0.35 miles
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Area 2
0.35 miles
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Sneden Hall Parking Ramp
0.35 miles
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Ramp 6
0.42 miles
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Area 6A
0.44 miles
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Ramp 8
0.51 miles
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Ramp 7
0.58 miles
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Residence Inn Marriott
0.27 miles
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City Flats Hotel
0.30 miles
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Canopy by Hilton
0.34 miles
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Barri
0.38 miles
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Amway Grand Plaza
0.50 miles
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JW Marriott Grand Rapids
0.52 miles
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Holiday Inn Grand Rapids Downtown
0.70 miles
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Hampton Inn & Suites Grand Rapids Downtown
0.76 miles
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The Brauhaus Inn
0.82 miles
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Travelodge
3.34 miles
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Grand Central Market
0.24 miles
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Bridge Street Market
1.11 miles
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Wealthy Market
1.17 miles
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Fulton Street Farmer’s Market
1.23 miles
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Family Fare
1.48 miles
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Creston Market
1.80 miles
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Family Fare
2.06 miles
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D&W
2.64 miles
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Ken's Fruit Market
3.10 miles
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Meijer
3.43 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Colin Soltis
GREA
(248) 800-0150