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Historic Office Suite
For Lease
$21 SF/Yr

233 Fulton Street E #Suite 224, Grand Rapids, MI 49503

Configured with private offices, a collaborative work area, reception, and utilities included aside from phone and internet.

Space SizeContact for details
Property Size1,115 SF
Days on Market28

Property Features for 233 Fulton Street E #Suite 224

General Information

Standard status Active
Size 1,115 SF
Total Parking Spaces 157
Lease Term Modified Gross Lease

Building Details

Building Size 1,115 SF
Year Built 1915
Units 1
Listing Agency: Rogers Real Estate Group, Inc
Listed By: Dale L Rogers · License #6502391301
Source: Sabudarealty
Added: Jul 22 Changed: Aug 17 Last Checked: Aug 17 at 11:41PM

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 Rogers Real Estate Group, Inc

Investment Insights

Based on property information with market context.

Suite 224 offers 1,115 square feet within the Masonic Center at 233 Fulton Street E. The layout includes 3 offices, a combined office and cubicle area, and a reception space. Constructed in 1915, the building provides a historic setting for office users.

Building services include utilities other than phone and internet, housekeeping, an on-site building attendant, and free parking. Access is supported by 2 main elevators, a freight elevator, and a central staircase. Conference room space is available for occasional use, subject to details provided by the property.

Key Highlights

  • 1,115 SF Suite 224 with 3 offices, mixed office/cubicle area, and reception
  • Utilities included except phone and internet
  • Free parking, housekeeping, and Building Attendant service

Property Analytics

Current Use

The Great Escape Room ... Arcade & Gaming Center Sean J. Kenny, ... Physician Walsh Lisa K ... Physician Saladin Shriners Club ... Volunteer Organization Grand Rapids Masonic ... Hotel & Motel

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Electrical Service Veterinary Clinic Pet Grooming Service Auto Parts Store

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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,743
Businesses Nearby

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

$17.51 /SF/Yr
Avg Asking Price
$4–$36 /SF/Yr
Price Range
14,288 SF
Avg Space Size

This space is priced 20% above the average of $17.51 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Configured with private offices, a collaborative work area, reception, and utilities included aside from phone and internet.
Where is this office units located?
The property is located at 233 Fulton Street E #Suite 224 Grand Rapids, MI.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 1,115 SF Suite 224 with 3 offices, mixed office/cubicle area, and reception; Utilities included except phone and internet; Free parking, housekeeping, and Building Attendant service
More about this property
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