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Central Business District Office Suites
For Lease
$19.95 SF/Yr Modified Gross

126 Ottawa Ave NW, Grand Rapids, MI 49503

Professional office space spans two levels with flexible second-floor configuration and convenient parking access.

Space Size6,300 SF
Days on Market68

Property Features for 126 Ottawa Ave NW

General Information

Standard status Active
Size 6,300 SF
Property subtype Office
Zoning CC
Lease Type Modified Gross

Space & Availability

Divisible Yes
Floor 1-2
Space Use Office
Sublease No

Building Details

Year Built 1956

Spaces For Lease

at 126 Ottawa Ave NW Contact us

Available Space $22.95/Mo

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Available Space $21.25/Mo

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Available Space $19.95/Mo

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Listing Agency: NAI Wisinski of West Michigan
Listed By: Mary Anne Wisinski-Rosely · License #6501357172
Source: Carwm.resimplifi
Added: Jun 24 Changed: Aug 29 Last Checked: Aug 29 at 7:40PM

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 NAI Wisinski of West Michigan

Investment Insights

Based on property information with market context.

Professional office space is available within a 1956 building in Grand Rapids’ central business district. Approximately 6,300 SF is offered across the first and second floors, with the second-floor area capable of being divided for additional flexibility. The property is zoned CC.

Access includes a city parking ramp from the rear of the building, while on-street parking is available near the primary entrance. The building is positioned on Ottawa Ave NW, one block from Monroe Center. For lease terms exceeding 5 years, the landlord will provide a tenant improvement allowance.

Key Highlights

  • Approximately 6,300 SF available across the 1st and 2nd floors
  • Second‑floor office area can be divided
  • CC zoning

Property Analytics

Current Use

Siddiqui's International School School District Office Owen-Ames-Kimball Co. Construction Company

Suggested Use

Top Pick Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Barber Shop

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
$2.99 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,314
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 13% above 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
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Frequently Asked Questions

What type of property is this?
Office units - Professional office space spans two levels with flexible second-floor configuration and convenient parking access.
Where is this office units located?
The property is located at 126 Ottawa Ave NW Grand Rapids, MI.
What is the lease rate?
The lease rate is $19.95 SF/Yr.
What are key features of this property?
This property features: Approximately 6,300 SF available across the 1st and 2nd floors; Second‑floor office area can be divided; CC zoning
More about this property
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