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Renovated Industrial Flex Space
For Lease
$12 SF/Yr

1200 Godfrey Ave SW, Grand Rapids, MI 49503

Combined office, warehouse, and secured yard areas support trade, service, and construction operations.

Space SizeContact for details
Days on Market230

Property Features for 1200 Godfrey Ave SW

General Information

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

Spaces For Lease

at 1200 Godfrey Ave SW
Available Space $12/Mo
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Listing Agency: CWD Real Estate Investment
Listed By: Sam Cummings
Source: Carwm.resimplifi
Added: Mar 1 Changed: Oct 5 Last Checked: Oct 16 at 5:41AM

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 CWD Real Estate Investment

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Investment Insights

Based on property information with market context.

This industrial flex property provides 10,834 SF across updated office, warehouse, and outdoor storage areas. The 6,354 SF warehouse includes two exterior overhead doors, one interior overhead door, an industrial wash station, a secure tool room, and a restroom. Office improvements total 4,480 SF, with private offices, shared work areas, a conference room, kitchen and break facilities, and three restrooms, including one with a shower. The building was constructed in 1964 and renovated in 2020.

A fenced 8,500 SF paved concrete yard offers additional storage or parking capacity and is secured by security wire and two remote-controlled gates. The property includes 10 onsite parking spaces, ceiling clearance up to 16 feet, original brick and wood details, and high-end acoustical ceilings. Zoning is SD-IT, and the property is located at 1200 Godfrey Ave SW in Grand Rapids, Michigan.

Key Highlights

  • 10,834 SF industrial flex building renovated in 2020
  • 6,354 SF warehouse with 2 exterior and 1 interior overhead door
  • 4,480 SF of office space across main and lower levels

Property Analytics

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Current Use

HALYARD Construction Company

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Pharmacy Hair Salon

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby
Under-served
Demand for This Use

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
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Market

Lease Benchmarks for Grand Rapids, MI

$9.68 /SF/Yr
Avg Asking Price
$1.31–$20 /SF/Yr
Price Range
28,594 SF
Avg Space Size

This space is priced 24% above the average of $9.68 /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

Similar Off Market Nearby

  • Chefs Born From a Kitchen — 338 Fox St SW, Grand Rapids, MI 49507

Frequently Asked Questions

What type of property is this?
Flex space - Combined office, warehouse, and secured yard areas support trade, service, and construction operations.
Where is this flex space located?
The property is located at 1200 Godfrey Ave SW Grand Rapids, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 10,834 SF industrial flex building renovated in 2020; 6,354 SF warehouse with 2 exterior and 1 interior overhead door; 4,480 SF of office space across main and lower levels
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