Loft Style Office
For Lease
$14 SF/Yr Modified Gross
131 Division Ave S, Grand Rapids, MI 49503
4,000 sq ft office with exposed brick and hardwood.
Space SizeContact for details
Days on Market155
Property Features for 131 Division Ave S
General Information
Standard status
Active
Total Parking Spaces
4
Property subtype
Office
Zoning
CC
Lease Type
Modified Gross
Amenities
4 Parking Spaces
Building Details
Year Built
1900
Spaces For Lease
at 131 Division Ave S
Available Space
$14/Mo
Listing Agency:
NAI Wisinski of West Michigan
Listed By:
Jason Makowski
(616) 262-8532
Source:
Carwm.resimplifi
Added: May 14
Changed: Oct 9
Last Checked: Oct 14 at 7:33PM
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.
This 4,000 sq ft loft-style office suite features exposed brick walls, an open ceiling with wood beams, a kitchenette, and hardwood floors. The layout is predominantly open. Located on the 2nd floor, the space is accessible via stairs or an elevator. The property includes 4 parking spaces in a parking lot on the backside of the building. Additional ramp and surface parking are available nearby.
Key Highlights
- 4,000 sq ft loft style office suite
- Includes 4 parking spaces
- Exposed brick walls and open ceiling with wood beams
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,211
Businesses Nearby
Explore this area
Business Placement
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
$17.56 /SF/Yr
Avg Asking Price
$1.46–$50 /SF/Yr
Price Range
31,010 SF
Avg Space Size
This space is priced 20% below the average of $17.56 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - 4,000 sq ft office with exposed brick and hardwood.
Where is this office units located?
The property is located at 131 Division Ave S 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: 4,000 sq ft loft style office suite; Includes 4 parking spaces; Exposed brick walls and open ceiling with wood beams
