Restaurant

Grand Rapids, MI Conventional Restaurants for Lease

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Built-Out Conventional Restaurant Space
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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Renovated Two-Unit Flex Space
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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Restaurant Space with Walk-In Cooler
Restaurant Space with Walk-In Cooler

5210 Northland Dr NE, Grand Rapids, MI 49525

$18.95 SF/Yr
10,800 sqft

A glass-door cooler and front dining area provide useful features for a restaurant or specialty food operation.

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Downtown Bar and Pub Space
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
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
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
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
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
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
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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Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 10 Active listings in Grand Rapids, MI, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 9 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
Downtown Coffee Shop Space

7 E Muskegon Street A, Kent City, MI 49330

$10 SF/Yr
10,353 sqft

Open-plan food-service space with street-facing windows and included sewer, lawn care, and snow removal.

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Turnkey Light Eatery with Windows
Turnkey Light Eatery with Windows

7 E Muskegon Street B, Kent City, MI 49330

$9 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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Commercial Kitchen Food Stall
Commercial Kitchen Food Stall

221 W Webster Avenue, Muskegon, MI 49440

$17 SF/Yr
1,326 sqft 2.10 AC lot

Food stall within a shared dining venue serving office users, downtown visitors, and community events.

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Food Stall at Food Collective
Food Stall at Food Collective

4-221 W Webster Ave, Muskegon, MI 49440

$17 SF/Yr

Food stall available within Lumberman’s Vault at Core Plaza, featuring communal dining and shared seating.

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Similar Spaces for Sale in Grand Rapids, MI

Consider Similar Space for Sale. We found 9 Spaces matching your search parameters.

Five-Suite Retail Property
Five-Suite Retail Property

1809 Plainfield Avenue NE, Grand Rapids, MI 49503

$650,000
5,000 sqft 0.10 AC lot

Fully leased commercial building with a restaurant-equipped suite, four additional spaces, and recently renovated basement offices.

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Restaurant Space with Patio
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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Multi-Level Restaurant and Banquet
Multi-Level Restaurant and Banquet

2739 Breton Rd SE, Grand Rapids, MI 49546

$2,000,000
12,456 sqft

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

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Restaurant Space with Patio
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
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
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
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
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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Historic Mixed-Use Building
Historic Mixed-Use Building

111 Division Avenue S, Grand Rapids, MI 49503

$2,790,000
47,647 sqft 0.40 AC lot

Four-level brick and stone property with adaptable commercial space, finished basement areas, and distinctive interior architectural details.

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Grand Rapids, MI Conventional restaurants Lease Rates & Market Statistics

Browse 10 Conventional restaurants for lease in Grand Rapids, MI on Realmo, a commercial real estate marketplace serving the Grand Rapids area. The current inventory totals 63,354 square feet of properties — an average of ~6,350 SF per listing.

Conventional restaurants lease rates in Grand Rapids range from $12 SF/Yr at the entry level to $27.95 SF/Yr at the top of the market, averaging $20.56 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $20.56 SF/Yr is in line with the Michigan state average.

Grand Rapids accounts for 67% of the 15 conventional restaurants currently available across Kent County, where nearby markets include Kent City and Caledonia. Conventional restaurants make up 100% of the 10 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 (3 listings) elsewhere in the Grand Rapids market.

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