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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 Market76

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
Name Size Type Rate Availability
Available Space 2,800 SF Office — 30 Days Contact us
Available Space 652 SF Office — 30 Days Contact us
Available Space 2,544 SF Retail — Immediate Contact us
Available Space 2,995 SF Retail — Immediate Contact us
Available Space 1,985 SF Office — Immediately Contact us
Available Space 1,690 SF Office — Immediately Contact us
Available Space 2,444 SF Office — Immediately Contact us
Available Space 3,085 SF Office — Immediately Contact us
Available Space 1,441 SF Office — Immediately Contact us
Available Space 2,369 SF Office — Immediately Contact us
Available Space 2,269 SF Office — Immediately Contact us
Available Space 2,399 SF Office — Immediately Contact us
Available Space 2,647 SF Office — Immediately Contact us
Listing Agency: Grand Rapids
Listed By: Jeff Karger · License #6501310277
Source: Property.jll
Added: Aug 3 Changed: Oct 10 Last Checked: Oct 16 at 6:04AM

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

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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

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Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 31% above the average of $17.56 /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

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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