Former Sligh Building

211 Logan Street Southwest Grand Rapids, MI 49503

Grand Rapids
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
Please Call Broker for Price

Last Verified:
Mar 18, 2026

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Highlights

  • Prime Location: 226 Logan Street SW, Grand Rapids, MI
  • Size: ±584,854 SF on 5.15 Acres
  • Zoning: TN-TCC (Mixed-Use Potential)
  • Historic Landmark: Added to the National Register of Historic Places in 2023
  • Incentives: Eligible for Opportunity Zone benefits, Historic Tax Credits, Brownfield TIF, and Downtown Enhancement Grant
  • For Sale or Joint Venture | Flexible structuring available for the right capital partner

Description

This redevelopment investment opportunity in the Grand Rapids area offers a striking 584,854 square foot building ideally situated in a TN-TCC zoned district. The property presents an exceptional canvas for creating a dynamic residential community within a desirable location in the heart of Grand Rapids, that is ready to fulfill the needs of modern urban living, making it an enticing prospect for investors looking for an opportunity to invest in multifamily asset at a growing urban location.

Grand Rapids, MI, is known for its robust arts and culture scene, diverse dining options, and lively entertainment. This dynamic city seamlessly combines historic charm with modern amenities, making it an appealing destination for both residents, tourists, and investors. Its strong real estate market continues to draw investors, positioning Grand Rapids as one of the top-performing regions in the area.

Building Size: 584854sq ft
Lot Size: 5.15 acres

Map of 211 Logan Street Southwest, Grand Rapids, MI, 49503

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.