Grand Rapids, MI Conventional Restaurants for Lease

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Updated: Jul 10

Built-Out Conventional Restaurant Space

701 Wealthy St SE, Grand Rapids, MI 49503

$25 SF/Yr

3,183 sqft

3,183 SF conventional restaurant space
Built‑out kitchen with diner‑style interior
Outdoor patio included
Furniture, fixtures, and equipment included in base rent
Hard‑corner position at 701 Wealthy St SE

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Updated: May 17

Renovated Two-Unit Flex Space

1358 Leonard St NW, Grand Rapids, MI 49504

$1,800/Mo

3,387 sqft

3,387 SF flex property with two units
Renovated in 2024; originally built in 1921
TN‑TBA zoning
37% occupancy
Located at 1358 Leonard St NW, Grand Rapids, MI 49504

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Downtown Bar and Pub Space

132 Fulton St E, Grand Rapids, MI 49503

$14.95 SF/Yr

3,126 sqft

Existing restaurant and bar improvements occupy a city-center corridor near major entertainment, cultural, and educational destinations.

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Equipped Restaurant Space

608 Bridge St NW, Grand Rapids, MI 49504

$22 SF/Yr

6,599 sqft

Approximately 5,000-square-foot premises with an established kitchen, bar area, and dining layout.

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Freestanding Restaurant with Drive-Through

600 28th St SE, Grand Rapids, MI 49548

$23.88 SF/Yr

5,103 sqft

Restaurant building with dining space, commercial kitchen hoods, coolers, and an existing drive-through window.

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Restaurant Space with FF&E

4875 28th St SE, Grand Rapids, MI 49512

$27.95 SF/Yr

7,096 sqft

Freestanding restaurant property with existing furnishings, equipment, prominent signage, and on-site parking.

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End-Cap Restaurant Space

6209-6237 Division Ave S, Grand Rapids, MI 49548

$12 SF/Yr

14,096 sqft

B-2-zoned restaurant space with pole and building signage, extensive parking, and convenient access to US 131.

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NNN Restaurant Property

1014 Michigan St NE, Grand Rapids, MI 49503

Contact for pricing

2,690 sqft 0.65 AC lot

Freestanding quick-service restaurant leased under a long-term triple-net structure with tenant-paid property expenses.

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Freestanding Restaurant Building

932 Division Ave S, Grand Rapids, MI 49507

$19.75 SF/Yr

7,274 sqft

Renovated commercial space includes dedicated banquet and dining areas within a freestanding building.

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Drive-Through Restaurant with Signage

2521 Alpine Ave NW, Grand Rapids, MI 49544

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The restaurant includes on-site parking, multiple access points, and prominent pylon and building signage.

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Renovated Freestanding Restaurant

69 28th St SW, Grand Rapids, MI 49548

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Rebuilt interior, installed FF&E, event parking, and a Class C liquor license support a range of restaurant concepts.

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Historic Downtown Restaurant Space

1 IONIA AVE SW, Grand Rapids, MI 49503

$10 SF/Yr

29,245 sqft

Historic restaurant space near Van Andel Arena serves downtown Grand Rapids’ entertainment district.

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Downtown Grand Rapids Entertainment District Space

7 Ionia Ave Se, Grand Rapids, MI 49503

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Historic site in Grand Rapids' entertainment district available for rent.

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Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 13 Active listings in Grand Rapids, MI, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 12 Properties for Sales.

Conventional restaurants for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Downtown Coffee Shop Space

7 E Muskegon Street, Kent City, MI 49330

$11 SF/Yr

10,353 sqft 0.22 AC lot

Open interior with storefront windows and central air supports a customer-facing food-service layout.

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Waterfront Retail Space

640 Water Street, Saugatuck, MI 49453

$32 SF/Yr

1,770 sqft 0.30 AC lot

Ground-floor commercial space with a private patio overlooking the Kalamazoo River.

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Turnkey Light Eatery with Windows

7 E Muskegon Street B, Kent City, MI 49330

$10 SF/Yr

10,353 sqft

Move-in-ready downtown food-service space with bright front windows and landlord-provided sewer, lawn care, and snow removal.

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Waterfront Ground-Floor Retail Space

640 Water St, Saugatuck, MI 49453

$32 SF/Yr

New construction commercial space with riverfront patio access and flexible C-1 City Center Commercial District uses.

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Similar Spaces for Sale in Grand Rapids, MI

Consider Similar Space for Sale. We found 12 Spaces matching your search parameters.

Five-Suite Storefront Building

1809 Plainfield Ave NE, Grand Rapids, MI 49503

$700,000

5,000 sqft

Leased commercial building with restaurant infrastructure and four additional suites along Plainfield Avenue.

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Restaurant Space with Patio

2115 Plainfield Ave NE, Grand Rapids, MI 49505

$785,000

2,940 sqft

Existing restaurant layout includes dedicated parking and outdoor seating along Plainfield Avenue.

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Neighborhood Bar & Pub Property

1132 Burton St SE (aka 1126), Grand Rapids, MI 49507

$550,000

4,074 sqft

Commercial property along Burton Street, between Division Avenue and Kalamazoo Avenue SE.

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Neighborhood Restaurant and Grill

1126 Burton St SE, Grand Rapids, MI 49507

$715,000

4,074 sqft

Commercial restaurant property with an operating bar-and-grill format, event programming, and TBA zoning.

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Restaurant Space with Patio

755 Michigan St NE, Grand Rapids, MI 49503

$1,495,000

2,885 sqft

Turnkey restaurant property with on-site parking, outdoor seating, FF&E, and a liquor license.

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Renovated Restaurant Building

932 Division Ave S, Grand Rapids, MI 49507

$2,084,001

7,274 sqft

The building includes banquet and restaurant areas and was renovated in 2024.

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Turnkey Freestanding Restaurant

69 28th St SW, Grand Rapids, MI 49548

Contact for pricing

8,040 sqft

Turnkey freestanding restaurant with new 2023 interior build and included FF&E, plus ample parking.

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Drive-Through Restaurant Building

2521 Alpine Ave NW, Grand Rapids, MI 49544

Contact for pricing

3,627 sqft

Existing food-service improvements include signage, on-site parking, and multiple access points for customer circulation.

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Active Restaurant Asset Sale

608 Bridge St NW, Grand Rapids, MI 49504

$350,000

Furnishings, inventory, and a liquor license are included with the active restaurant.

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Multi-Level Restaurant and Banquet

2739 Breton Rd SE, Grand Rapids, MI 49546

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Well-maintained restaurant on the main floor with a banquet hall and an existing Class C liquor license.

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Mixed-Use Property with Commercial Kitchen

3818 Division Ave S, Grand Rapids, MI 49548

Contact for pricing

5,223 sqft

Two-level layout includes a main-floor commercial area and partially finished upper office space.

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Grand Rapids, MI Conventional restaurants Lease Rates & Market Statistics

Browse 13 Conventional restaurants for lease in Grand Rapids, MI on Realmo, a commercial real estate marketplace serving the Grand Rapids area. The current inventory totals 81,799 square feet of properties — an average of ~6,300 SF per listing.

Conventional restaurants lease rates in Grand Rapids range from $10 SF/Yr at the entry level to $27.95 SF/Yr at the top of the market, averaging $19.44 SF/Yr. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $19.44 SF/Yr, the local average runs 6% below Michigan's state average of $20.73 SF/Yr.

Grand Rapids accounts for 72% of the 18 conventional restaurants currently available across Kent County, where nearby markets include Kent City and Caledonia. Conventional restaurants make up 93% of the 14 Restaurants currently for lease in Grand Rapids, with asking rates in line with the citywide Restaurants average. Tenants comparing options may also consider Bars & Pubs (5 listings) and Drive through restaurants (3 listings) elsewhere in the Grand Rapids market.

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