22 Crescent Street NE, Grand Rapids, MI 49501

New Listing
$1,500,000
Property Type: Multi Family Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $1,500,000 List Date: 4/24/2026 Last Modified: 4/24/2026

Overview

Description

DOWNTOWN GRAND RAPIDS INVESTMENT OPPORTUNITY!Prime mixed-use building with the opportunity for redevelopment in a highly sought-after downtown location.This four-story property includes five fully equipped residential units and a flexible main-floor office space with kitchen, full bath, and washer/dryer.Located near hospitals, research facilities, and the medical mile, this property's position supports both residential and commercial growth strategies.Reach out for additional details and to schedule a private showing.

Listing Details MLS# 26017638

Location Property Info

County
Kent
Street #
22
Street Name
Crescent
Suffix
Street
Post Direction
NE
State
MI
Zip Code
49501

General Property Info

Lot Measurement
Acres
Lot Square Footage
3049
Lot Acres
0.07
Lot Dimensions
IRR
Year Built
1910
New Construction
No
Cert of Compliance
Yes
Road Frontage
150
Total # Units
5
# of Diff Unit Floor Plans
4
Total # Bldgs
Yes
Total Parking Spaces
4
Waterfront
No
School District
Grand Rapids
Basement
No

Tax Info

Tax ID #
411430106001
Taxable Value
116419
SEV
331800
For Tax Year
2025
Seller's Annual Property Tax
5500
Tax Year
2025
Homestead %
100
Spec Assessment & Ty
N/A
Zoning
C-3a City Cente

Access Feat

Accessibility Features
No

Income and Expenses

Gross Op. Inc.
39960

More Information

Unit 1

Unit #
Yes
Unit Description
Pkg available
SqFt
500
Occupied
Yes
Monthly Rent
2000
Bathrooms
Yes
Full Baths
Yes
A/C Unit
Yes
Dishwasher
Yes
Garb Disp
Yes
Range Oven
Yes
Refrigerator
Yes

Unit 2

Unit #
2
Unit Description
#2
SqFt
475
Occupied
Yes
Monthly Rent
2000
Bathrooms
Yes
Full Baths
Yes
A/C Unit
Yes
Dishwasher
Yes
Garb Disp
Yes
Range/Oven
Yes
Refrigerator
Yes

Unit 3

Unit #
3
Unit Description
#3
SqFt
500
Occupied
Yes
Monthly Rent
2000
Bathrooms
Yes
Full Baths
Yes
Range/Oven
Yes
A/C Unit
Yes
Dishwasher
Yes
Garb Disp
Yes
Refrigerator
Yes

Unit 4

Unit #
4
Unit Description
#4
SqFt
475
Occupied
Yes
Monthly Rent
2000
Bathrooms
Yes
Full Baths
Yes
A/C Unit
Yes
Dishwasher
Yes
Range/Oven
Yes
Refrigerator
Yes

Unit 5

Unit #
5
Unit Description
Ground Floor Office
SqFt
1000
Occupied
No
Bathrooms
Yes
Full Baths
Yes
Monthly Rent
0
Central Air
Yes
Washer/Dryer
Yes

Location & Property Info

Cross Streets
Crescent + Division
Property Sub-Type
5+ Units
Municipality
City of Grand Rapids

Office/Contract Info

Auction or For Sale
For Sale

Remarks & Misc

Public Remarks
DOWNTOWN GRAND RAPIDS INVESTMENT OPPORTUNITY!Prime mixed-use building with the opportunity for redevelopment in a highly sought-after downtown location.This four-story property includes five fully equipped residential units and a flexible main-floor office space with kitchen, full bath, and washer/dryer.Located near hospitals, research facilities, and the medical mile, this property's position supports both residential and commercial growth strategies.Reach out for additional details and to schedule a private showing.
Legal
FRACTIONAL PART OF LOTS 3, 6 & 7 BLK 23* DEXTER FRACTION* COM ON W LINE OF LOT 7, 313 1/2 FT N OF N LINE OF LYON ST TH E 65 FT MORE OR LESS TO SW LY LINE OF CRESCENT ST NW LY ALONG SD SW LY LINE 150 FT MORE OR LESS TO ITS INTERSECTION WITH E LINE OF ALLEY THROUGH SD BLK S ALONG E LINE OF SD ALLEY TO BEG

Street Type

Paved
Yes
Public
Yes

Util Avail at Street

Cable Available
Yes
Natural Gas Available
Yes

Utilities Attached

Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Laundry Features

Main Level
Yes

Exterior Material

Stucco
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Mini-Split
Yes

Tenant Pays

None
Yes

Driveway

Paved
Yes

Substructure

Walk-Out Access
Yes

Owner Pays

Electricity
Yes
Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Possession

See Remarks
Yes

Property Features

Laundry Features: Main Level Exterior Material: Stucco Substructure: Walk-Out Access Sewer: Public Sewer Water: Public Water Utilities Attached: Natural Gas Connected Util Avail at Street: Cable Available; Natural Gas Available Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water Tenant Pays: None Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Mini-Split Driveway: Paved Street Type: Paved; Public Terms Available: Cash; Conventional Possession: See Remarks Sale Conditions: None Unit 1: A/C Unit; Dishwasher; Garb Disp; Range Oven; Refrigerator Unit 2: A/C Unit; Dishwasher; Garb Disp; Range/Oven; Refrigerator Unit 3: Range/Oven; A/C Unit; Dishwasher; Garb Disp; Refrigerator Unit 4: A/C Unit; Dishwasher; Range/Oven; Refrigerator Unit 5: Central Air; Washer/Dryer
IDX
Listing Office: The Local Element
Listing Agent: Lynette Fitzpatrick
Source MLS Verified
Last Updated: April - 24 - 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.