2935 Buchanan Ave SW
2935 Buchanan Ave SW, Wyoming, MI, 49548
ID c964f38a
Overview
Prime office location near downtown and 131 expressway. Updated interior office space perfect for owner occupant in half of the building. The other half is fully leased with long term tenants.Seize a premier, turnkey investment opportunity in the booming Grand Rapids market. This 8,257 SF single-story commercial building offers a perfectly balanced revenue model combining a stable anchor tenant with high-yield flexible workspace income. Completely renovated in 2017, the property features modern infrastructure, premium finishes, and a highly functional layout that commands premium rental rates.Investment HighlightsDual-Income Stream Structure: Anchored by long term tenants, with additional recurring revenue from The Executive Suites at MBS (private office rentals and coworking spaces).Turnkey 2017 Total Renovation: Zero deferred maintenance. Upgrades include updated HVAC systems, contemporary interior architecture, soundproofed private office configurations, modern restrooms, and high-speed data infrastructure.Diverse Tenant Mix: Strong, established professional tenants spanning recruiting, therapeutic services, insurance agencies, and regional trade associations.Premium Flexible Workspace Asset: Capitalize on the soaring demand for suburban hybrid office spaces. Includes fully furnished private office layouts ranging from 110 to 156 SF.Unmatched Transit Connectivity: Located seconds from US-131 between the 28th St and 36th St corridors, offering seamless regional access for tenants and clients.Property SpecificationsBuilding Size: 8,257 SFStories: 1 (Fully ADA Accessible)Year Built / Renovated: 1984 / 2017Zoning: I-1Parking: Ample on-site surface parking lotCore Amenities: Shared professional conference rooms, welcoming reception area, communal kitchen/break room.Location & Market OverviewSituated within the highly desirable South Grand Rapids/Wyoming submarket, this property benefits from favorable regional tax advantages while remaining just minutes from downtown Grand Rapids. The surrounding commercial corridor features dense retail, dining, and professional service support infrastructure, securing excellent long-term asset appreciation and minimal tenant vacancy.
