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Sale Type | Investment |
Sale Condition | Auction Sale |
Type of Ownership | Fee Simple |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 1.84 AC |
Building Size | 47,394 SF |
No. Rooms | 76 |
No. Stories | 3 |
Year Built/Renovated | 2002/2011 |
Tenancy | Single |
Parking Ratio | 2.11/1,000 SF |
Corridor | Interior |
Zoning | Commercial |
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Suite | 76 | $209.21 CAD | - |
Grand Rapids, Michigan, is situated in the western part of the state along the Grand River. The city is well-positioned geographically, equidistant from Chicago, Detroit, and Fort Wayne, facilitating access to larger cities.
The Grand Rapids economy is driven by manufacturing, healthcare and education. Major manufacturers include Steelcase and Herman Miller, which are major players in office furniture manufacturing. Other corporations with a presence in the region include Amway, regional retailer Meijer, automotive supplier Gentex Corporation and Bissell. Additionally, there are 12 colleges and universities in the Grand Rapids area, with just over 64,000 students in 2024. These sectors attract business travel and conferences to the city, many of which are held at the DeVos Convention Center.
A mix of cultural, recreational and culinary experiences drives leisure tourism. The city’s top attractions are the Frederik Meijer Gardens & Sculpture Park, the Grand Rapids Art Museum and the Urban Institute for Contemporary Arts. Additionally, Grand Rapids’ history is showcased at the Gerald R. Ford Presidential Museum, where visitors explore exhibits about the 38th President of the United States.
Interstates 96, 196, and US Route 131 help make Grand Rapids a regional transportation hub. The Gerald Ford International Airport handles over 100 daily flights connecting to 30 nonstop destinations.
Parcel Number | 41-13-01-327-001 | Improvements Assessment | $0 CAD |
Land Assessment | $0 CAD | Total Assessment | $4,570,179 CAD |
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