$900,000

551 Street NE, Grand Rapids City Kent Michigan, 49503

Price per sqft$434.78

Built in1923

Property size2,070 sqft

Property typeCommercial

Overview

Active

Updated 2 days ago

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.

Additional information

MLS^® ID: 65026053456

Interior Features

Bathrooms: 1
Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.17 Acres

Other Property Details

Taxes: $2,633
Tax Frequency: Annually

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Data last updated 3:25 AM UTC, 10/9/2026