2,070 sqft

$900,000

551 Michigan Street, Grand Rapids MI, 49503-5720

Price per sqft$434.78

Built in1923

Property size2,070 sqft

Property typeCommercial

Overview

Active

Listed Oct 7, 2026

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: 70563113

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.17 Acres

Other Property Details

Taxes: $2,633
Tax Frequency: Annually

Also listed on MichRic

Listed by Jeffrey Glover with Keller Williams Professionals
Listing Contact: 734-459-4700

Based on information originating from the MiRealSource as of 10/9/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/9/2026 at 6:59 AM UTC