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Downtown Loft Office Units
For Lease
$16.95 SF/Yr Modified Gross

100 GRANDVILLE AVE SW, Grand Rapids, MI 49503

CBD-4-zoned workspace with showers, conference facilities, and secure bicycle storage.

Space SizeContact for details
Days on Market875

Property Features for 100 GRANDVILLE AVE SW

General Information

Standard status Active
Property subtype Office
Zoning CBD-4
Lease Type Modified Gross

Additional Details

Space Use Office
Highway Access Yes

Amenities

Locker Room
Showers
Conference Center
Secure Bike Storage
Water
Sewer

Spaces For Lease

at 100 GRANDVILLE AVE SW Contact us

Available Space $18.95/Mo

Contact us

Available Space $16.95/Mo

Contact us
Listing Agency: NAI Wisinski of West Michigan
Listed By: Hillary Taatjes Woznick · License #6501357172
Source: Carwm.resimplifi
Added: Apr 8, 2024 Changed: Aug 28 Last Checked: Aug 29 at 5:59AM

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 64,386-square-foot loft-conversion office property offers a range of shared building amenities, including a locker room, showers, conference center, and secure bike storage. The building is located at 100 Grandville Ave SW in Grand Rapids and is zoned CBD-4.

The property sits 100 yards from entrances and exits serving both northbound and southbound 131. The landlord provides taxes, insurance, refuse removal, water and sewer, snow removal, landscaping, and property management. Tenants are responsible for steam heat, electric, phone and data, and janitorial service. Lease approval is subject to the landlord’s review of use and credit.

Key Highlights

  • 64,386‑square‑foot loft‑conversion office property
  • CBD‑4 zoning at 100 Grandville Ave SW, Grand Rapids, MI 49503
  • 100 yards from northbound and southbound 131 entrances and exits

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Storage Facility Big Box & Wholesale Store Veterinary Clinic Grocery & Convenience Store Carpet & Flooring Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.54 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,607
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 4% below 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - CBD-4-zoned workspace with showers, conference facilities, and secure bicycle storage.
Where is this office units located?
The property is located at 100 GRANDVILLE AVE SW Grand Rapids, MI.
What is the lease rate?
The lease rate is $16.95 SF/Yr.
What are key features of this property?
This property features: 64,386‑square‑foot loft‑conversion office property; CBD‑4 zoning at 100 Grandville Ave SW, Grand Rapids, MI 49503; 100 yards from northbound and southbound 131 entrances and exits
More about this property
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