3264 N Evergreen Drive NE, Grand Rapids, MI 49525 (MLS# 26010729)

3264 N Evergreen Drive NE, Grand Rapids, MI 49525

New Listing
$4,700,000
Property Type: Commercial Sale Square Footage: 31,761 Lot Size (sq. ft.): 103,673 Status: Active
Current Price: $4,700,000 List Date: 3/19/2026 Last Modified: 3/19/2026

Overview

Description

Unlock a rare investment opportunity in one of Grand Rapids most sought after professional corridors. Located on Evergreen Lake in the thriving NE submarket, this 30000 plus sq ft office and medical complex offers immediate income with upside potential. Anchored by two established long term medical tenants, the property provides built in stability while leaving significant square footage available for lease up and value creation. Purposefully designed to attract and retain high quality tenants, the building features a grand boardroom, three striking atriums with abundant natural light, and flexible office and medical suites that can be customized to maximize rental income across multiple tenant types. The layout and scale create an ideal environment for multi tenant occupancy, professional services, or a strategic reposition. Positioned within one mile of the highly desirable Knapps Corner corridor, the asset benefits from strong surrounding demographics, national retailers, and

Supplements: consistent foot traffic. Immediate access to major employers, retail, dining, and I 96 enhances long term tenant demand and leasing velocity. With a blend of in place cash flow, leasing upside, and a premier location, this is a high potential asset for investors seeking to add value and drive returns in a proven growth corridor. Opportunities like ...

Listing Details MLS# 26010729

Location Property Info

County
Kent
Street #
3264
Street Direction
N
Street Name
Evergreen
Suffix
Drive
Post Direction
NE
State
MI
Zip Code
49525
Zip (4)
9746

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
2.38
Lot Square Footage
103673
Lot Dimensions
332 x 520 x 63 x 548
Year Built
2003
Road Frontage
332
Mineral Rights
No
Total # Units
6
# Fin Bldg Lvls
3
# of Diff Unit Floor Plans
6
Total # Bldgs
Yes
Total SqFt
31761
Property Use Type
Vacant/Owner-User
Full Baths
6
Waterfront
Yes
Body of Water
Evergreen Lake
School District
Forest Hills
Statewide Lakes & Rivers
Evergreen Lake

Tax Info

Tax ID #
41-14-02-303-001
Taxable Value
693713
SEV
889100
For Tax Year
2025
Seller's Annual Property Tax
97000
Tax Year
2025
Spec Assessment & Type
None
Non-Conforming Use
No
Zoning
201 Comm
Homestead %
0

Remarks Misc

Directions
Beltline, N of 3 Mile to N Evergreen, E to property

Additional Details

Total Parking Spaces
50
Passenger Elevators
Yes
Ceiling Height
10

More Information

Income and Expenses

Annual Maint ($)
150000
Annual Mgt Fees ($)
20800
Annual Prop Ins ($)
95000
Annual Utilities ($)
51000
Gross Op Income ($)
709667
Net Operating Income
508631
Total Actual Rent
1048941
Operating Expense
339274

Waterfront Options

Water Access Y/N
Yes
Water Frontage
137

Unit 1

Unit Description
Corewell

Unit 2

Unit Description
Vacant-Walkout

Unit 3

Unit Description
Bears

Unit 4

Unit Description
Vacant-Main Floor

Unit 5

Unit Description
Vacant-2nd Floor

Unit 6

Unit Description
Vacant-2nd Floor

Location & Property Info

Cross Streets
3 Mile & Beltline
Property Sub-Type
Office
Municipality
Grand Rapids Twp
Subdivision
The Woods of Evergreen Lake
Principal Road
No
Ownership Type
Corporate Owned

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
147.98
Prop Avail for Lease?
No
Current Bldg Use
Office & Medical

Remarks & Misc

Public Remarks
Unlock a rare investment opportunity in one of Grand Rapids most sought after professional corridors. Located on Evergreen Lake in the thriving NE submarket, this 30000 plus sq ft office and medical complex offers immediate income with upside potential. Anchored by two established long term medical tenants, the property provides built in stability while leaving significant square footage available for lease up and value creation. Purposefully designed to attract and retain high quality tenants, the building features a grand boardroom, three striking atriums with abundant natural light, and flexible office and medical suites that can be customized to maximize rental income across multiple tenant types. The layout and scale create an ideal environment for multi tenant occupancy, professional services, or a strategic reposition. Positioned within one mile of the highly desirable Knapps Corner corridor, the asset benefits from strong surrounding demographics, national retailers, and
Legal
UNIT 1,2, & 3 * 3264 NORTH EVERGREEN CONDOMINIUM

Water Type

Lake
Yes

Water Fea. Amenities

No Wake
Yes
Private Frontage
Yes

Street Type

Paved
Yes

SqFt Information

Carbon Monoxide Detector(s)
Yes
Fire Alarm
Yes
Fire Sprinkler System
Yes
Security System
Yes
Smoke Detector(s)
Yes

Property Use

Business
Yes
Investment
Yes
Vacant/Owner-User
Yes

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Professional Service
Yes
Professional/Office
Yes

Construction Type

Block
Yes
Concrete
Yes
Frame/Wood
Yes
Steel
Yes

Exterior Material

Brick
Yes
Stucco
Yes

Roofing

Rubber
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Ownership

Corporation
Yes

Below Grade

Walk-Out Access
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Docs at List Office

Aerial Photo
Yes
Other
Yes

Business Includes

Furniture
Yes
Real Estate
Yes

Additional Features

Bath Common Area
Yes
Fire Sprinkler
Yes

Foundation

Slab
Yes

Util Avail at St

None
Yes

Tenant Pays All

Common Area Maintena
Yes

Driveway

Asphalt
Yes
Paved
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes
Subject To Tenant Rights
Yes

Property Features

Property Use: Business; Investment; Vacant/Owner-User SqFt Information: Carbon Monoxide Detector(s); Fire Alarm; Fire Sprinkler System; Security System; Smoke Detector(s) Water Type: Lake Uses: Professional Service; Professional/Office Ownership: Corporation Business Includes: Furniture; Real Estate Construction Type: Block; Concrete; Frame/Wood; Steel Exterior Material: Brick; Stucco Roofing: Rubber Foundation: Slab Below Grade: Walk-Out Access Additional Features: Bath Common Area; Fire Sprinkler Tenant Pays All: Common Area Maintena Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: None Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Asphalt; Paved Street Type: Paved Purchase Terms Avail: Cash; Conventional Docs at List Office: Aerial Photo; Other Sale Conditions: None Possession: Close Of Escrow; Subject To Tenant Rights
Listing Office: Berkshire Hathaway HomeServices Michigan Real Estate (Main)
Listing Agent: Timothy J Anders
IDX
Last Updated: March - 19 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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