A truly unique opportunity lies in this beautiful old building in a great Heritage Hill location. This building, circa 1893, is largely laid out like a ''dorm'' and has been run in that way since the beginning for a variety of users, mostly non-profits. Could be suitable for similar uses or ripe for redevelopment in to new uses. Serious buyers will want to be in touch with City of GR's Development office. Main floor: 4 rooms used as office or meeting rooms, 1 accessible bedroom, 1 full accessible bath, half bath, commercial kitchen, and large dining room/meeting area. 2nd floor has 10 bedrooms and 2 large common bathrooms. 3rd floor has 10 bedrooms and 1 large common bath. Useful basement square footage including pantry, laundry, mechanicals, 2 common areas, and storage.
Off market
Zestimate®
$1,271,100
523 Lyon St NE, Grand Rapids, MI 49503
21beds
11,720sqft
MultiFamily
Built in 1893
-- sqft lot
$1,271,100 Zestimate®
$108/sqft
$1,620 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Radiant, Gas
Cooling
- Other
Appliances
- Included: Dishwasher, Freezer, Range / Oven, Refrigerator
Features
- Flooring: Tile, Other, Hardwood
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 11,720 sqft
Property
Parking
- Parking features: On-street
Features
- Exterior features: Other, Brick, Metal
Lot
- Size: 7,230 sqft
Details
- Parcel number: 411430204033
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1893
Utilities & green energy
- Sewer: Public
Community & neighborhood
Location
- Region: Grand Rapids
Other
Other facts
- Accessibility Feat: Accessible Mn Flr Bedroom, Accessible Mn Flr Full Bath, Grab Bar Mn Flr Bath, Low Threshold Shower, Chair Lift
- Lot Description: Sidewalk
- Sewer: Public
- Water: Public
- Lot Measurement: Acres
- Heat Type: Hot Water
- Auction or For Sale: For Sale
- Access Feat: Accessibility Features: Yes
- SqFt Above Grade: 8790.00
- Terms Available: Cash,Cash/Conventional
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,271,100
2% more+$25,422
With Zillow Showcase(estimated)$1,296,522