Division Avenue Retail/Office/Restaurant
For Lease
$18 SF/Yr
111 Division Ave N, Grand Rapids, MI 49503
Prime downtown location suitable for retail, office, or restaurant.
Property Size4,003 SF
Days on Market99
Property Features for 111 Division Ave N
General Information
Standard status
Active
Size
4,003 SF
Property subtype
Commercial
Building Details
Year Built
1892
Listing Agency:
Bellabay Realty (North)
(616) 262-8987
Listed By:
Cassie L Uccello
(616) 262-8987
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 30 at 10:11AM
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 Bellabay Realty (North)
Investment Insights
Based on property information with market context.
Available for lease are spaces on the main floor, basement level, and third floor. The main floor offers 4,000 square feet of high-visibility street-level space, ideally suited for retail, showroom, restaurant, or creative office use. This space features a historic storefront and generous frontage on Division Avenue, providing excellent exposure in a prime downtown location. The basement level provides 2,000 square feet of flexible space well-suited for storage, production, back-of-house support, specialty retail, or experiential activations. The third floor offers 4,003 square feet of upper-level historic space filled with natural light and architectural character, ideal for office, studio, gallery, or creative workspace use. The location has a bike score of 71, indicating it is very bikeable, a walk score of 77, indicating it is very walkable, and a transit score of 50, indicating good transit. Lease terms are negotiable.
Key Highlights
- Prime downtown location on Division Avenue with high visibility and generous frontage.
- Versatile spaces suitable for retail, office, restaurant, studio, gallery, or storage.
- Historic building with architectural character and natural light.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
7,424
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 46%
Hotels & Casinos 37%
Dining 17%
Residence Inn Grand Rapids Downtown
Hotels & Casinos
8,031 visits/mo
0.2 miles
Lake Michigan Credit Union
Shops & Services
7,943 visits/mo
0.5 miles
Leo's Coney Island
Dining
3,662 visits/mo
0.4 miles
FedEx Office Print & Ship Center
Shops & Services
1,051 visits/mo
0.4 miles
Spectrum
Shops & Services
997 visits/mo
0.2 miles
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
$18.27 /SF/Yr
Avg Asking Price
$11–$35 /SF/Yr
Price Range
40,098 SF
Avg Space Size
This space is priced 1% below the average of $18.27 /SF/Yr.
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Prime downtown location suitable for retail, office, or restaurant.
Where is this retail space located?
The property is located at 111 Division Ave N Grand Rapids, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime downtown location on Division Avenue with high visibility and generous frontage.; Versatile spaces suitable for retail, office, restaurant, studio, gallery, or storage.; Historic building with architectural character and natural light.
