Five-Story Office Building with
For Lease
$22 SF/Yr Modified Gross
111 Commerce Ave SW, Grand Rapids, MI 49503
Renovated office property with classroom, courtroom, and finished lower-level space.
Space SizeContact for details
Days on Market49
Property Features for 111 Commerce Ave SW
General Information
Standard status
Active
Property subtype
Office
Zoning
CC
Lease Type
Modified Gross
Amenities
Huge windows
In floor heating
Snow melt system
Emergency standby generators
Building Details
Year Built
1915
Year Renovated
2006
Stories
5
Construction
brick and precast concrete
Spaces For Lease
at 111 Commerce Ave SW Contact usAvailable Space $22/Mo
Contact usAvailable Space $25/Mo
Contact us
Listing Agency:
Bradley Company
(616) 915-9080
Listed By:
Chip Bowling · License #6501424721
(616) 915-9080
Source:
Carwm.resimplifi
Added: Jul 13
Changed: Aug 30
Last Checked: Aug 30 at 5:52PM
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 Bradley Company
Investment Insights
Based on property information with market context.
This 108654 SF office building combines a five-story main structure with a finished lower level. The property includes four 90-seat classrooms, two courtrooms, and 12 additional classrooms, along with large windows, in-floor heating, a snow melt system, and emergency standby generators. The building features brick and precast concrete construction, with a portion dating to 1915 and renovation and expansion completed in 2006.
The property is located at 111 Commerce Ave SW in Downtown Grand Rapids’ Entertainment District, near multiple entertainment venues, restaurants, hotels, and market-rate multifamily developments. The surrounding area also includes properties occupied by several high-credit tenants. CC zoning is identified for the site.
The property is located at 111 Commerce Ave SW in Downtown Grand Rapids’ Entertainment District, near multiple entertainment venues, restaurants, hotels, and market-rate multifamily developments. The surrounding area also includes properties occupied by several high-credit tenants. CC zoning is identified for the site.
Key Highlights
- 108654 SF office building with five stories and a finished lower level
- Four 90‑seat classrooms, two courtrooms, and 12 additional classrooms
- Portion of the building constructed in 1915; renovated and expanded in 2006
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,139
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Renovated office property with classroom, courtroom, and finished lower-level space.
Where is this office building located?
The property is located at 111 Commerce Ave SW Grand Rapids, MI.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: 108654 SF office building with five stories and a finished lower level; Four 90‑seat classrooms, two courtrooms, and 12 additional classrooms; Portion of the building constructed in 1915; renovated and expanded in 2006
