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Historic Loft Office Units
For Lease
$22.95 SF/Yr

15 Ionia Ave SW, Grand Rapids, MI 49503

Loft-style offices feature exposed brick, with restaurant, retail, and banquet amenities on site.

Space Size652 SF - 3,085 SF
Days on Market29

Property Features for 15 Ionia Ave SW

General Information

Standard status Active
Size 652 SF - 3,085 SF
Net Rentable 1,441 SF
Class B
Property subtype office

Additional Details

Available Space 1,441-5,046 SF

Amenities

restaurant
wine shop
popcorn store
banquet facility

Building Details

Year Built 1886
Year Renovated 1997
Construction exposed brick

Spaces For Lease

at 15 Ionia Ave SW Contact us

Available Space

Suite
230
Floor
2nd
Size
2,800 SF
Type
Office
Term
Negotiable
Availability
30 Days
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Available Space

Suite
350
Floor
3
Size
652 SF
Type
Office
Term
Negotiable
Availability
30 Days
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Available Space

Suite
150
Floor
1
Size
2,544 SF
Type
Retail
Term
Negotiable
Availability
Immediate
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Available Space

Suite
130
Floor
1
Size
2,995 SF
Type
Retail
Term
Negotiable
Availability
Immediate
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Available Space

Suite
370
Floor
3rd
Size
1,985 SF
Type
Office
Term
Negotiable
Availability
Immediately
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Available Space

Suite
450
Floor
4th
Size
1,690 SF
Type
Office
Term
Negotiable
Availability
Immediately
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Available Space

Suite
445
Floor
4th
Size
2,444 SF
Type
Office
Availability
Immediately
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Available Space

Suite
405
Floor
4th
Size
3,085 SF
Type
Office
Availability
Immediately
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Available Space

Suite
540
Floor
5th
Size
1,441 SF
Type
Office
Availability
Immediately
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Available Space

Suite
505
Floor
5th
Size
2,369 SF
Type
Office
Availability
Immediately
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Available Space

Suite
630
Floor
6th
Size
2,269 SF
Type
Office
Term
Negotiable
Availability
Immediately
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Available Space

Suite
635
Floor
6th
Size
2,399 SF
Type
Office
Term
Negotiable
Availability
Immediately
Contact us

Available Space

Suite
640
Floor
6th
Size
2,647 SF
Type
Office
Availability
Immediately
Contact us
Listing Agency: Grand Rapids
Listed By: Jeff Karger · License #6501310277
Source: Property.jll
Added: Aug 3 Changed: Aug 29 Last Checked: Aug 30 at 12:55PM

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 Grand Rapids

Investment Insights

Based on property information with market context.

The Blodgett Building provides loft-style office suites within a historic structure completed in 1886 and renovated in 1997. Available suites range from 1,441 to 5,046 SF and feature exposed brick, offering distinctive workspace within a character-rich setting.

The property is located at 15 Ionia Ave SW in Grand Rapids’ entertainment district, with walkable access to restaurants, breweries, entertainment, and business opportunities. On-site amenities include a restaurant, wine shop, popcorn store, and banquet facility, adding food, retail, and event uses to the building’s office environment.

Key Highlights

  • Loft‑style office suites range from 1,441 to 5,046 SF
  • Exposed brick interiors
  • Building constructed in 1886

Property Analytics

Current Use

ABD Engineering & Design IT Consulting Firm C/D/H (Bike/Boat/Book/etc) Store Jane L Spies ... Physician Gallery Divani Hotel & Motel the Imagination Factory, Inc. Marketing & Advertising

Suggested Use

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

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
$3.44 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,721
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 30% 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Loft-style offices feature exposed brick, with restaurant, retail, and banquet amenities on site.
Where is this office units located?
The property is located at 15 Ionia Ave SW Grand Rapids, MI.
What is the lease rate?
The lease rate is $22.95 SF/Yr.
What are key features of this property?
This property features: Loft‑style office suites range from 1,441 to 5,046 SF; Exposed brick interiors; Building constructed in 1886
More about this property
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