Corner Retail Space with Downtown
For Lease
$14 SF/Yr
205 S Division Avenue #Main, Grand Rapids, MI 49503
Retail suite at a signalized downtown intersection with parking access in the structure below.
Space SizeContact for details
Property Size40,000 SF
Days on Market47
Property Features for 205 S Division Avenue #Main
General Information
Standard status
Active
Size
40,000 SF
Lease Term
36-120 months
Additional Details
Space Use
Retail
Corner Location
Yes
Amenities
great views
parking ramp
lighted intersection
Building Details
Building Size
40,000 SF
Year Built
2014
Buildings
1
Listing Agency:
Signature Associates Holland
(616) 396-7788
Listed By:
Thomas J Elhart
Source:
Erareardonrealty
Added: Jul 15
Changed: Aug 27
Last Checked: Aug 28 at 11:32AM
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 Signature Associates Holland
Investment Insights
Based on property information with market context.
This retail space occupies the main level of a 2014 property at 205 S Division Avenue in downtown Grand Rapids. The suite sits at a prominent corner intersection with signalized traffic and offers views across the downtown area. A parking ramp beneath the property provides convenient parking access for clients.
The space is positioned near Grand Rapids’ entertainment district, Studio Park, and VanAndel Arena, all within walking distance. Its downtown setting and corner placement provide a clear storefront presence for retail users seeking an established urban address.
The space is positioned near Grand Rapids’ entertainment district, Studio Park, and VanAndel Arena, all within walking distance. Its downtown setting and corner placement provide a clear storefront presence for retail users seeking an established urban address.
Key Highlights
- Main‑level retail space at 205 S Division Avenue #Main
- Built in 2014
- Corner position at a lighted downtown intersection
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,384
Businesses Nearby
37k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 25%
Hotels & Casinos 22%
Home Improvements & Furnishings 4%
Residence Inn Grand Rapids Downtown
Hotels & Casinos
8,031 visits/mo
0.4 miles
Mobil
Shops & Services
7,368 visits/mo
0.4 miles
Family Dollar
Shops & Services
6,683 visits/mo
0.4 miles
Leo's Coney Island
Dining
3,662 visits/mo
0.3 miles
Dollar General
Shops & Services
3,547 visits/mo
0.4 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
$19.22 /SF/Yr
Avg Asking Price
$13–$35 /SF/Yr
Price Range
4,042 SF
Avg Space Size
This space is priced 27% below the average of $19.22 /SF/Yr.
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail suite at a signalized downtown intersection with parking access in the structure below.
Where is this retail space located?
The property is located at 205 S Division Avenue #Main Grand Rapids, MI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Main‑level retail space at 205 S Division Avenue #Main; Built in 2014; Corner position at a lighted downtown intersection
