220-222 Fulton St E, Grand Rapids, MI 49503
Three-level commercial space with ample parking and high visibility.
- Added:
- Feb 5, 2026
- Days on Market:
- 151
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 220-222 Fulton St E
General Information
- Standard status
- Active
- Size
- 6,930 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1845
Listing office CBRE
Listing date Feb 5, 2026
Source Crexi
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 CBRE
HighLights
- High visibility location on Fulton Street.
- Approximately 6,930 square feet of character‑filled space.
- Ample on‑site parking with 35 spaces.
- Lease each floor separately or together.
- Proximity to major amenities.
- Built in 1845.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.2k | $21.96 |
| − Vacancy | −$8.7k | −$1.25 |
| EGI | $143.5k | $20.71 |
| − OpEx | −$43.1k | −$6.21 |
| NOI | $100.5k | $14.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Longitude
- -85.673012
- Latitude
- 42.966789
