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    Grand Rapids, MI Creative Space for Sale

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    Riverfront Commercial Condo in Grand Rapids
    Updated: Feb 24
    Riverfront Commercial Condo in Grand Rapids

    801 Monroe Avenue NW, Grand Rapids, MI 49503

    $450,000
    1,437 sqft 0.03 AC lot
    Rare first‑floor commercial condo with Grand River frontage.
    Move‑in ready condition suitable for office, creative, or wellness use.
    Private patio with direct access to Riveredge Trail and river views.
    Located in the rapidly growing Monroe North district.
    Modern industrial feel with 12‑foot ceilings.
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    This listing looks promising.

    Here's a quick look at some key insights for

    801 Monroe Avenue NW, Grand Rapids, MI 49503

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    • Est. Cap Rate

      3%
      NOI ÷ price

    • Est. NOI

      $13K
      Annual

    • Price @ 7% Cap

      $192K
      Suggested
    View Property Analytics
    Riverfront Commercial Condo in Grand Rapids
    Updated: Apr 24
    Riverfront Commercial Condo in Grand Rapids

    801 Monroe Ave NW 105, Grand Rapids, MI 49503

    $450,000
    1,437 sqft
    Rare first‑floor commercial condo along the Grand River with river views and direct Riveredge Trail access.
    Move‑in ready condition, ideal for professional office, creative, or wellness use.
    Located in the rapidly evolving Monroe North district of Grand Rapids.
    Features a private patio, two private rooms, kitchenette, bathroom, and storage.
    High 12‑foot ceilings and a modern industrial feel.**
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    First-Floor Office Condo with Private Patio
    First-Floor Office Condo with Private Patio

    801 Monroe Avenue NW #105, Grand Rapids, MI 49503

    $450,000
    1,437 sqft

    Move-in ready first-floor office condo with two private rooms, a kitchenette, and direct patio access to the Riveredge Trail.

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    Third-Floor Office Suite with Views
    Third-Floor Office Suite with Views

    111 Division Avenue Unit SourceFi, Grand Rapids, MI 49503

    Contact for pricing
    10,003 sqft

    Office suite on the third floor with multiple private offices, reception, a full kitchen, and shared conference access.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Flexible Downtown Commercial Building
    Flexible Downtown Commercial Building

    25 Division Avenue South, Grand Rapids, MI 49503

    $600,000

    Commercial building with an adaptable layout and existing buildout, described as having strong visibility for varied uses.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Zoned Commercial Work Studio
    Zoned Commercial Work Studio

    3383 Blue Star Highway, Saugatuck, MI 49453

    $350,000
    1,280 sqft 0.67 AC lot

    A 1,280-square-foot open floor plan work studio sits on 0.67 acres with 100 feet of road frontage.

    View details
    Open-Plan Office Studio with Road Frontage
    Open-Plan Office Studio with Road Frontage

    3383 Blue Star Highway Unit SourceFi, Saugatuck, MI 49453

    $350,000
    1,280 sqft 0.67 AC lot

    A 1,280 sq. ft. open floor plan studio with bathroom, AC, natural gas, and public water on 100' of road frontage.

    View details
    Mixed-Use Building with Workshop Space
    Mixed-Use Building with Workshop Space

    251 W 11th Street, Holland, MI 49423

    $399,000
    0.15 AC lot

    Two income-producing two-bedroom rental units plus a large bonus space suited for creative or workshop use.

    View details
    Mixed-Use Live-Work Property
    Mixed-Use Live-Work Property

    251 W 11th St, Holland, MI 49423

    $399,000

    Two 2-bedroom rental units and a large bonus creative space offer flexible live-work or studio possibilities in Holland’s Historic District.

    View details

    Grand Rapids, MI Creative Space Market Trends and Statistics

    Explore 5 creative space for sale in Grand Rapids, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 14,314 square feet of properties for sale, with an estimated market value of $1,950,000.

    Sale prices for creative space in Grand Rapids, MI start at $450,000, averaging $487,500, and reaching up to $600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 120
    Office buildings 71
    Medical Office Space 18
    Creative space 13
    Coworking space 8

    Demographics Overview

    Population 434K
    Population Growth (5Y) +2.4%
    Median Household Income $74,271
    College Educated 24.5%

    High-Yield Neighborhoods for Investment

    Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49503 $450K

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $44.85 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kent County

    Retail

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Grand Rapids fall within the Under 2,500 square foot range.

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