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Grand Rapids Flex Space Available
For Lease
$12 SF/Yr

1612 Diamond Ave NE 1616, Grand Rapids, MI 49505

1,700 sq ft flex space for industrial work.

Space SizeContact for details
Lot Size0.51 Acres
Days on Market163

Property Features for 1612 Diamond Ave NE 1616

General Information

Standard status Active
Lot size 0.51 Acres
Property subtype Commercial

Building Details

Year Built 1964
Units 1
Listing Agency: 1st Advantage Realty
Listed By: Rene Guzman · License #6501383944
Source: Elliman
Added: Mar 12 Changed: Aug 14 Last Checked: Aug 20 at 10:31AM

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 1st Advantage Realty

Investment Insights

Based on property information with market context.

This 1,700 sq ft flex space is located in Grand Rapids, MI. The single-level layout includes two rooms. It features a front garage door and cement floors. The space is suitable for industrial work, a workshop, or other ventures. The lease term is yearly.

Key Highlights

  • 1,700 sq ft of versatile space suitable for industrial work, workshop, or storage.
  • Convenient front garage door for easy access.
  • Single‑level layout for efficient workflow.

Property Analytics

Current Use

Cloud kingz smoke ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom Building Supply Hair Salon

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

292
Businesses Nearby
Under-served
Demand for This Use

Demographics for 49505, MI

31,444
Population
14,197
Households
2.2
Avg Household Size
36
Median Age
40%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,573
Density / Sq Mi
$71,692
Median Household Income
$43,778
Median Earnings
$1,248
Median Rent
$227,900
Median Home Value

Market

Lease Benchmarks for Grand Rapids, MI

$12.74 /SF/Yr
Avg Asking Price
$12–$13 /SF/Yr
Price Range
7,605 SF
Avg Space Size

This space is priced 6% below the average of $12.74 /SF/Yr.

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Two Scotts Catering 1124 Knapp St NE, Grand Rapids, MI 49505

Frequently Asked Questions

What type of property is this?
Flex space - 1,700 sq ft flex space for industrial work.
Where is this flex space located?
The property is located at 1612 Diamond Ave NE 1616 Grand Rapids, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 1,700 sq ft of versatile space suitable for industrial work, workshop, or storage.; Convenient front garage door for easy access.; Single‑level layout for efficient workflow.
More about this property
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