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55 Ionia Ave NW
Grand Rapids, MI 49503 Downtown Grand Rapids

$589,000 USD

Apartments Condo For Sale  •  6,838 SF

Property Details

  • Property Type Apartments
  • Total Building Size 183,375 SF
  • Lot Size 0.36 AC
  • Building Class C
  • Year Built 1923
  • Zoning C-3A
70 Transit Score
70 Walk Score

1 Unit Available

Name Condo Use Size Price Details
Ll Floor - Unit 1 Office/Retail 6,838 SF $589,000 USD
  • Unit Size: 6,838 SF
  • Condo Use: Office/Retail
  • Price: $589,000 USD
  • Sale Type: Investment
  • Price/SF: $86.14 USD
Description
The Morton Retail Commercial Condo is a new offering for Sale on the popular Monroe Center Retail corridor in Downtown Grand Rapids. 
This property features a commercial condo that offers unique, historic architecture, vaulted, ornate high ceilings with opportunity to 
restore or redevelop the space into a new use. This offering includes a bonus mezzanine level, 3,392 SF. This offering also could include 
a bank vault on the lower level. This could be a great opportunity to reimagine a range of uses from Retail to Restaurant to Showroom 
or Design Studio. The Morton was redeveloped in 2015 into luxury condos, apartments, a boutique hotel, office space and ground floor/ 
lower level retail. Monroe Center begins with Rosa Parks Circle, the Grand Rapids Art Museum, popular restaurants, Class A office buildings, 
hotels, and multiple retailers like Gazelle Sports and Shinola.
Legal Address is 55 Ionia Ave NW, Grand Rapids, MI 49503.

Sale Notes
he Morton Retail Commercial Condo is a new offering for Sale on the popular Monroe Center Retail corridor in Downtown Grand Rapids. 
This property features a commercial condo that offers unique, historic architecture, vaulted, ornate high ceilings with opportunity to 
restore or redevelop the space into a new use. This offering includes a bonus mezzanine level, 3,392 SF. This offering also could include 
a bank vault on the lower level. This could be a great opportunity to reimagine a range of uses from Retail to Restaurant to Showroom 
or Design Studio. The Morton was redeveloped in 2015 into luxury condos, apartments, a boutique hotel, office space and ground floor/ 
lower level retail. Monroe Center begins with Rosa Parks Circle, the Grand Rapids Art Museum, popular restaurants, Class A office buildings, 
hotels, and multiple retailers like Gazelle Sports and Shinola.
Legal Address is 55 Ionia Ave NW, Grand Rapids, MI 49503.

Highlights

Offer unique, historic architecture, vaulted, ornate high ceilings with opportunity to restore or redevelop the space into a new use

Property Flyers

Amenities

  • Cable Ready
  • Courtyard
  • Fitness Center
  • Microwave
  • Property Manager on Site
  • Washer/Dryer
  • Dry Cleaning Service
  • Package Service
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Bicycle Storage
  • Elevator
  • Maintenance on site
  • Island Kitchen
  • Quartz Countertops

Public Transportation

Commuter RailDriveWalkDistance
3 min 15 min 0.8 mi
AirportDriveWalkDistance
Gerald R Ford International 22 min - 14.9 mi
Hillary Taatjes Woznick 616-242-1113 NAI Wisinski of West Michigan
Hillary Taatjes Woznick 616-242-1113 NAI Wisinski of West Michigan