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    2417 Eastern Ave SE Grand Rapids, MI 49507

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    For Lease
    $14 SF/Yr ($2,368 /Mo)

    Office space available in a bustling social district.

    Property size:
    1,960 SF
    Lot size:
    0.18 Acres

    Property Features for 2417 Eastern Ave SE

    General Information

    Size
    1,960 SF
    Lot size
    0.18 Acres

    Source: Lacuna Commercial Advisors Agent Doug Todd

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space in Alger Heights

    Located in the Alger Heights neighborhood, 2417 Easter Ave is situated in a bustling social district known for its unique shops and dining options, attracting consumers from across the West side of the state. This area is recognized as one of the most desirable residential and commercial real estate sub-markets in the Grand Rapids area. The building currently houses Re-inspired Treasures. The second floor offers an empty shell space suitable for office use, providing approximately 2,900 square feet of lease space. It features two separate side entrances, presenting a blank canvas for customization.
    Insight Report Location Intelligence

    Current Use by Public Records

    Reinspired Treasures Home Goods Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.648022
    Latitude
    42.919545

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    FAQs

    What type of property is this?
    Office space - Office space available in a bustling social district.
    Where is this office space located?
    The property is located at 2417 Eastern Ave SE Grand Rapids, MI.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Located in the highly desirable Alger Heights social district.; - Includes a long-standing tenant (Re-inspired Treasures) providing immediate income.; - Features a spacious 2,900 +\/- sqft second-floor space ready for office lease.
    (616) 340-7230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2417 Eastern Ave SE Grand Rapids, MI 49507
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