List Search

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

$589,000 - $1,189,000 USD

Apartments Condos 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

2 Units Available

Name Condo Use Size Price Details
Ll Floor - Unit 1 Retail 6,838 SF $589,000 USD
  • Unit Size: 6,838 SF
  • Condo Use: 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.

Ll Floor - Unit LL + MEZZ Retail 10,199 SF $1,189,000 USD
  • Unit Size: 10,199 SF
  • Condo Use: Retail
  • Price: $1,189,000 USD
  • Sale Type: Investment
  • Price/SF: $116.58 USD
Sale Notes
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 of 3,392 SF and a lower level bank vault of 6,807
SF. 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.

Description

The Morton Retail – Historic Commercial Condo For Sale
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 of 3,392 SF and a lower level bank vault of 6,807
SF. 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.

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