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1514 Jefferson Ave SE
1514 Jefferson Ave SE, Grand Rapids, MI 49507
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Overview
1514 Jefferson Ave SE presents an excellent value-add opportunity in Grand Rapids, offering 37,400 RSF across 363 units on a 1.11-acre site. The property includes four floors of climate-controlled storage, freight elevator access, on-site signage, and significant growth potential at stabilized occupancy. Positioned just two miles from Downtown Grand Rapids, the site benefits from strong surrounding demographics and continued demand for infill storage solutions.
For Sale
Industrial
Investment
Secondary Uses: Self Storage
- Sale Price
- $2,200,000
- Price Per SF
- $48.4/SF
- Cap Rate
- 4.86%
- Building Size
- 45,492 SF
- Acres
- 1.1069 ac
- Zoning
- SD-IT
- Zoning Description
- Special District Institutional Transportation
- Net Operating Income
- $107,012
- Building Name
- Fort Knox Self Storage
- Number of Buildings
- 2
- Floors
- 4
- Year Built
- 1910
- Construction Siding
- Block
- Clear Height
- 14'
- County
- Kent
- Created
- 12/17/2025
- Updated
- 12/18/2025
- Listing ID
- 52d27d2a
- Parcel APN
- 411806177001
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