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Medical Office Condo Building
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973 Ottawa Ave NW, Grand Rapids, MI 49503

Owner-occupant or investor opportunity featuring a 17,458-square-foot medical and administrative office condo suite.

Property Size17,458 SF
Days on Market143

Property Features for 973 Ottawa Ave NW

General Information

Standard status Active
Size 17,458 SF
Property subtype Office
Listing Agency: SVN | Investment Property Advisors
Listed By: David De Maagd · License #MI 6504380495
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 2:53AM

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 SVN | Investment Property Advisors

Investment Insights

Based on property information with market context.

Subject condo consists of 17,458 square feet and was formerly occupied by Spectrum Occupational Health as medical and administrative offices. The building offers a total condo configuration that includes three additional condos, supporting flexible alternate build-out options.

The property is located in the CBD/Artprize District and is presented as a beautiful building suitable for owner/occupant use.

For buyers seeking an office or medical office component within a multi-condo commercial building, this suite provides a defined footprint within a broader condo offering.

Key Highlights

  • 17,458 SF condo suite formerly used as medical and administrative office space (Spectrum Occupational Health)
  • Located in the CBD/Artprize District
  • Building includes 3 other condo units, offering alternate use possibilities for build‑out

Property Analytics

Current Use

Searfoss James P Physician Lois O'rourke Medical Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith Carpet & Flooring Store Food Market Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,382
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

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
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Frequently Asked Questions

What type of property is this?
Office units - Owner-occupant or investor opportunity featuring a 17,458-square-foot medical and administrative office condo suite.
Where is this office units located?
The property is located at 973 Ottawa Ave NW Grand Rapids, MI.
What are key features of this property?
This property features: 17,458 SF condo suite formerly used as medical and administrative office space (Spectrum Occupational Health); Located in the CBD/Artprize District; Building includes 3 other condo units, offering alternate use possibilities for build‑out
More about this property
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