Receivership Sale: 97,000+ SF Office | Grand Rapids, MI

Highlights:

• Infill Industrial Site: ±97,167 SF office building on ±11.29 acres zoned I-1 in Wyoming, MI, a Grand Rapids suburb with strong industrial fundamentals.
• Existing Income Stream: AMI Entertainment occupies ±19,454 SF through August 2026, generating ±$465K in leasehold income post-auction.
• Large-Block Availability: ±77,713 SF vacant and ready for lease in a submarket with limited supply of office buildings over 25K SF.
• Redevelopment Potential: Flexible zoning allows for conversion to flex, industrial, or full-scale redevelopment including demolition and new construction.
• Strategic Location: Within 2 miles of US-131 and 6 miles of Gerald R. Ford International Airport; near major retail corridors and employment centers.
• Strong Market Dynamics: Located in a corridor with ±22.4MM SF of industrial inventory and sub-6% vacancy; adjacent to $200M Site 36 redevelopment.

Description:

Ri Marketplace Online Auction December 8th-10th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2865/receivership-sale-97-000-sf-office-grand-rapids-mi?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=office_2865

Friedman Real Estate, in conjunction with RI Marketplace, is pleased to present 4147 Eastern Avenue SE (the “Property”), a ±97,167-square-foot office and call center facility situated on ±11.29 acres in Wyoming, Michigan, a key industrial corridor within the Grand Rapids MSA.

Built in 1963 and renovated in 2014, the two-story building features ±48,500 SF floorplates, energy-efficient systems, and on-site amenities including a fitness center and conference facilities. The Property is currently ±20.02% occupied by AMI Entertainment, which plans to vacate in Q1 2026 but will continue paying full leasehold costs through lease expiration on 8/31/2026. The remaining ±77,713 SF is available for immediate lease, offering rare large-block availability in a submarket with limited supply.

Zoned I-1 (Light Industrial), the site supports a wide range of industrial and commercial uses, including warehousing, distribution, assembly, research, and office. With proximity to US-131, Gerald R. Ford International Airport, and major employers like Steelcase, Amazon, and Corewell Health, the Property offers significant potential for repositioning, adaptive reuse, or full-scale redevelopment.


Jerry Helmer
c/o Fisher Auction Company Inc.
License: 6504064915
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: