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Office Units with Finished Basement
For Lease
$9.95 SF/Yr Modified Gross

1035 Godfrey Avenue Southwest, Grand Rapids, MI 49503

Flexible office layout includes private rooms, a kitchen, and finished lower-level storage.

Space SizeContact for details
Days on Market342

Property Features for 1035 Godfrey Avenue Southwest

General Information

Standard status Active
Property subtype Office
Zoning SD-IT
Lease Type Modified Gross

Additional Details

Space Use Office
Opportunity Zone Yes

Amenities

kitchen
Water
Sewer

Building Details

Year Built 1968

Spaces For Lease

at 1035 Godfrey Avenue Southwest Contact us

Available Space $9.95/Mo

Contact us
Listing Agency: DAR Commercial Real Estate
Listed By: Benjamin Pitcher · License #6501409080
Source: Carwm.resimplifi
Added: Sep 23, 2025 Changed: Aug 28 Last Checked: Aug 29 at 5:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DAR Commercial Real Estate

Investment Insights

Based on property information with market context.

This office property provides an open working environment along with several individual offices and a kitchen. The listed 66,836 square feet encompasses upper-level office areas and a finished basement suitable for storage. Built in 1968, the property carries SD-IT zoning.

The building is at 1035 Godfrey Avenue Southwest in Grand Rapids, directly beside the Factory Yard Lofts Development and just south of Roberto Clemente Park. It is also within an opportunity zone, providing a defined setting for office users seeking a multi-level configuration with both workspace and supplemental storage.

Key Highlights

  • 66,836 square feet of listed area across upper‑level offices and finished basement
  • Open office plan with several individual offices
  • Kitchen included within the office configuration

Property Analytics

Current Use

Pleasant Hearts Pet ... Charitable Organization The Motion Initiative Charitable Organization Grand Installations General Contractor SafeComputerRecycling.com Recycling Center Huizen Furniture Warehouse Warehouse & Storage

Suggested Use

Top Pick Law Firm Spa & Massage Center Real Estate Agency Hair Salon Pharmacy Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.49 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

621
Businesses Nearby

Demographics for 49503, MI

39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value

Market

Lease Benchmarks for Grand Rapids, MI

$17.71 /SF/Yr
Avg Asking Price
$4–$36 /SF/Yr
Price Range
14,665 SF
Avg Space Size

This space is priced 44% below the average of $17.71 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office layout includes private rooms, a kitchen, and finished lower-level storage.
Where is this office units located?
The property is located at 1035 Godfrey Avenue Southwest Grand Rapids, MI.
What is the lease rate?
The lease rate is $9.95 SF/Yr.
What are key features of this property?
This property features: 66,836 square feet of listed area across upper‑level offices and finished basement; Open office plan with several individual offices; Kitchen included within the office configuration
More about this property
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