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Retail Space Ideal for Deli
For Lease
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150 Ottawa Ave NW, Grand Rapids, MI 49503

Former nutrition shop, suitable for grab-and-go deli or retail.

Space Size1,430 SF
Property Size280,000 SF
Days on Market1859

Property Features for 150 Ottawa Ave NW

General Information

Standard status Active
Size 1,430 SF
Class A
Property subtype Retail, Office
Lease Type Modified Gross

Building Details

Building Size 280,000 SF
Year Built 2019
Tenancy Multiple

Spaces For Lease

at 150 Ottawa Ave NW Contact us

150 Ottawa

Size
1,430 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Pure Real Estate Brokerage
Listed By: Courtney Mulica · License #MI 6501434239
Source: Crexi
Added: Aug 4, 2021 Changed: Aug 22 Last Checked: Sep 2 at 8:13PM

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 Pure Real Estate Brokerage

Investment Insights

Based on property information with market context.

This commercial space, formerly occupied by Healthy Habits Nutrition, is available for rent. The property is ideally suited for a grab-and-go deli or similar retail business. It is located in Grand Rapids, MI.

Key Highlights

  • Ideal for grab and go deli or similar retail.
  • Former nutrition business location.
  • Built in 2019.

Property Analytics

Current Use

Hall William W Law Firm Warner Norcross & Judd ... Law Firm Huntington Bank ATM ... Atm Huntington Bank Bank Huntington Private Bank Financial Advisor

Suggested Use

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

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,314
Businesses Nearby
47k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Hotels & Casinos 36% Shops & Services 20%
Burger King Dining
13,932 visits/mo 0.5 miles
Holiday Inn Grand Rapids Downtown, an IHG Hotel Hotels & Casinos
8,712 visits/mo 0.4 miles
Residence Inn Grand Rapids Downtown Hotels & Casinos
8,031 visits/mo 0.2 miles
Mobil Shops & Services
7,368 visits/mo 0.5 miles
Leo's Coney Island Dining
3,662 visits/mo 0.3 miles

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

$16.75 /SF/Yr
Avg Asking Price
$3.81–$35 /SF/Yr
Price Range
24,398 SF
Avg Space Size

This space is priced 49% above the average of $16.75 /SF/Yr.

Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Former nutrition shop, suitable for grab-and-go deli or retail.
Where is this retail space located?
The property is located at 150 Ottawa Ave NW Grand Rapids, MI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Ideal for grab and go deli or similar retail.; Former nutrition business location.; Built in 2019.
(616) 304-5397 Call to check price and availability
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