314 STRAIGHT AVE SW Grand Rapids MI 49504-6439

Excellent redevelopment opportunity in the City of Grand Rapids just 800’ west of the Grand River and in close proximity to Grand Valley State University. The property is located just north of Wealthy St, and is at the corner of Hemlock and Straight St. Commonly known as the Tanglefoot Building this historic piece of real estate has an endless amount of character and potential uses. The building is currently leased out by several different tenants and it is generating approx. $29,000 in NOI. The 116,747 SF Tanglefoot Building consists of 4 levels which are serviced with a freight elevator. This property represents an underutilized building with potential for additional rental income, and opportunity to own and be part of the ever expanding City of Grand Rapids. Call listing agents for more details or to set up a tour of the property.