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$6,500,000 Just Listed
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Property Description
Presenting the former historic Peninsular Club building in the heart of downtown Grand Rapids. Extraordinary opportunity boasting 5 stories of premier space. Building is in great condition including mechanicals and updated technology. Direct access to attached parking ramp. Main floor contains 6457 sf and is currently leased. 2nd and 3rd floors feature 5825 sf each with event and leisure space perfect for entertaining, catered events, or building out your desired space. 4th floor features 11,386 sf of immaculate office space currently occupied. 5th floor is also occupied for office space at 6494 sf. Basement is 7229 sf mostly used for storage.
Full Property Details
Full Property Details for 120 Ottawa Ave NW
General
- Price: $6,500,000
- Taxes: $143,787
- Status: Active
- Type: Office
- Source: SWMRIC_MLS
- MLS ID: 26001291
- Updated: 1/12/2026
- Added to Site: 6 day(s) ago
Business
- Business Type: Professional/Office, Recreation
Rooms
Bathrooms
- Total Bathrooms: 11
- Full Bathrooms: 11
Location
- Area: Grand Rapids - G
- County: Kent
- Cross Streets: Fountain
- Driving Directions: I96 to Ottawa Exit, South 2 blocks
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Heat Pump
Utilities
- Utility Description: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 1
- Construction: Brick
- Foundation: None
- Stories/Levels: 9999
- Square Feet: 43,216
- Year Built: 1956
Lot Features
- Lot Size (Acres): 0.39
- Lot Size (Sq. Ft.): 16,988
- Lot Dimensions: IRR
- Frontage: Paved
- Zoning: Com 207
Financial Considerations
- Tax Amount: $143,787
- Terms: Conventional, Cash
Disclosures and Reports
- Ownership: LLC
- Legal Description: UNIT 1 OTTAWA AND FOUNTAIN CONDOMINIUM KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.751 INSTRUMENT NO.20050627-0074304
- Property ID: 41-13-25-282-025
Listed by RE/MAX of Grand Rapids (Stndl), Gerald Feenstra
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Schools
Schools serving 120 Ottawa Ave NW
School District:Grand Rapids Public Schools
| Name | Grades | Distance |
|---|---|---|
Grand Rapids Montessori Public School 159 College Avenue Northeast, Grand Rapids, MI 49503 | PK-12 | 0.6 mi |
John Ball Park Zoo School 1300 Fulton Street West, Grand Rapids, MI 49504 | 6- | 1.5 mi |
Center For Economicology 1720 Plainfield Avenue Northeast, Grand Rapids, MI 49505 | 6- | 1.9 mi |
Grand Rapids University Preparatory Academy 512 Division Avenue South, Grand Rapids, MI 49503 | 6-12 | 0.8 mi |
City High Middle School 1720 Plainfield Avenue Northeast, Grand Rapids, MI 49505 | 7-12 | 1.9 mi |
Alger Middle School 921 Alger Street Southeast, Grand Rapids, MI 49507 | 6-8 | 3.4 mi |
Innovation Central High School 421 Fountain Street Northeast, Grand Rapids, MI 49503 | 9-12 | 0.6 mi |
Ottawa Hills High School 2055 Rosewood Avenue Southeast, Grand Rapids, MI 49506 | 9-12 | 3.5 mi |
Blandford Nature Center 3143 Milo Street Northwest, Grand Rapids, MI 49534 | 6- | 4.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 Ottawa Ave NW
Date
Details
Price
Change
Source
1/12/2026
Listed
$6,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 120 Ottawa Ave NW
Year
Property Taxes
Change
Tax Assessment
Change
2021
$554,598
—
$12,286,000
10%
2021
$554,598
219%
$11,166,500
5%
2019
$173,699
—
$10,626,300
1%
2019
$173,699
—
$10,545,200
224%
2019
$173,699
—
$3,254,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 Ottawa Ave NW
120 Ottawa Avenue NW, Grand Rapids, MI 49503 (MLS# 26001291) is a Office property. 120 Ottawa Avenue NW is currently listed for $6,500,000 and was received on January 12, 2026. Want to learn more about 120 Ottawa Avenue NW? Do you have questions about finding other Office real estate for sale in Grand Rapids? You can browse all Grand Rapids real estate or contact a Coldwell Banker agent to request more information.

