$900,000

551 Michigan Street NE, Grand Rapids MI, 49503

Price per sqft$434.78

Built in1923

Property size2,070 sqft

Property typeCommercial

Courtesy of Jeffrey Glover, Keller Williams Professionals

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: 26053456

Interior Features

Bathrooms: 1
Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.05 Acres

Other Property Details

Taxes: $2,633
Tax Frequency: Annually

Courtesy of Keller Williams Professionals

The IDX display contains information sourced from the MichRIC® as of 10/9/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated 10/9/2026