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Industrial Flex Suite with Dedicated Office
For Lease
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1500 Buchanan Ave SW, Grand Rapids, MI 49507

Industrial flex suite with dedicated office and 18' clear heights, supported by shared truck docks.

Space SizeContact for details
Days on Market121

Property Features for 1500 Buchanan Ave SW

General Information

Standard status Active
Total Parking Spaces 140
Property subtype Industrial
Zoning SD-IT
Lease Type NNN

Warehouse & Industrial

Clear Height 18 ft
Dock-High Doors 3
Heavy Power Yes

Additional Details

Highway Access Yes

Amenities

kitchenette
outdoor employee break area
Power
Water
Sewer
Natural Gas
140 Parking Spaces

Building Details

Year Built 1915
Tenancy Multi-Tenant

Spaces For Lease

at 1500 Buchanan Ave SW Contact us

Available Space $4.95/Mo

Contact us
Listing Agency: Colliers - Grand Rapids
Listed By: Chris VanderBand · License #MI6501425892
Source: Carwm.resimplifi
Added: May 18 Changed: Sep 9 Last Checked: Sep 14 at 5:50AM

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 Colliers - Grand Rapids

Investment Insights

Based on property information with market context.

This 22,500 SF industrial flex suite is designed for adaptable warehouse and light industrial use, with approximately 1,000 SF of dedicated office space. The facility offers 18' clear heights and heavy power, with access to three shared truck docks. Multiple entry points support day-to-day operations, and interior amenities include a kitchenette and an outdoor employee break area.

The property is positioned within Grand Rapids’ industrial corridor and sits about 0.8 miles from US-131. It is surrounded by established area neighbors including Butterball Farms and Michigan Wheel.

Additional improvements support functional use, including ample on-site surface parking with 140 spaces. The landlord is prepared to install a new grade-level door for added convenience.

Key Highlights

  • 22,500 SF industrial suite with ±1,000 SF dedicated office space
  • 18' clear heights with heavy power for light industrial, warehouse, or logistics use
  • Access to three shared truck docks plus multiple entry points

Property Analytics

Current Use

Built Right Inc Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Pharmacy

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

18 ft
Clear height
3
Dock-high doors
Yes
Heavy power
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

591
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Grand Rapids, MI

$9.97 /SF/Yr
Avg Asking Price
$3.81–$20 /SF/Yr
Price Range
29,530 SF
Avg Space Size

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Chefs Born From a Kitchen 338 Fox St SW, Grand Rapids, MI 49507

Frequently Asked Questions

What type of property is this?
Flex space - Industrial flex suite with dedicated office and 18' clear heights, supported by shared truck docks.
Where is this flex space located?
The property is located at 1500 Buchanan Ave SW Grand Rapids, MI.
What are key features of this property?
This property features: 22,500 SF industrial suite with ±1,000 SF dedicated office space; 18' clear heights with heavy power for light industrial, warehouse, or logistics use; Access to three shared truck docks plus multiple entry points
More about this property
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