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Mixed-Use Buildings with Parking
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Pending

1014 & 1024 Franklin St SE, Grand Rapids, MI 49507

The property combines retail and office space across two buildings with on-site parking.

Property Size5,743 SF
Days on Market143

Property Features for 1014 & 1024 Franklin St SE

General Information

Standard status Pending
Size 5,743 SF
Property subtype Retail, Office

Additional Details

Office Units 3

Building Details

Buildings 2
Building Size 5,743 SF
Tenancy Multi
Listing Agency: NAI Wisinski of West Michigan - Grand Rapids
Listed By: Jeremy Veenstra · License #MI 6501330092
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 6:14AM

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 - Grand Rapids

Investment Insights

Based on property information with market context.

This mixed-use property consists of two retail and office buildings totaling 5,743 SF. The 1014 Franklin building contains 3,360 SF arranged as two suites, while the 1024 Franklin building offers 2,383 SF in a single-tenant layout. Both structures are described as being in good condition and include on-site parking.

The buildings are located at 1014 and 1024 Franklin St SE in Grand Rapids, positioned along Franklin between Eastern and Fuller. The combination of multi-suite and single-tenant configurations provides distinct layouts within the same property, with retail and office uses represented across the two buildings.

Key Highlights

  • 5,743 SF combined across two retail/office buildings
  • 1014 Franklin includes 3,360 SF divided into 2 suites
  • 1024 Franklin provides 2,383 SF in a single‑tenant building

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Kitchen & Bath Showroom Building Supply Auto Parts Store Electrical Service

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

3
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

721
Businesses Nearby

Demographics for 49507, MI

38,137
Population
13,773
Households
2.8
Avg Household Size
30
Median Age
27%
College-Educated
78%
High-School Grad
5.5 sq mi
ZIP Area
6,934
Density / Sq Mi
$56,578
Median Household Income
$34,939
Median Earnings
$1,114
Median Rent
$179,600
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?
Mixed-use property - The property combines retail and office space across two buildings with on-site parking.
Where is this mixed-use property located?
The property is located at 1014 & 1024 Franklin St SE Grand Rapids, MI.
What are key features of this property?
This property features: 5,743 SF combined across two retail/office buildings; 1014 Franklin includes 3,360 SF divided into 2 suites; 1024 Franklin provides 2,383 SF in a single‑tenant building
More about this property
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