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Updated Office Building
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Pending

245 State St SE, Grand Rapids, MI 49503

Modernized professional workspace with private offices, conference rooms, collaborative areas, and on-site parking.

Property Size17,700 SF
Days on Market143

Property Features for 245 State St SE

General Information

Standard status Pending
Size 17,700 SF
Total Parking Spaces 77
Property subtype Office

Additional Details

Asking Price $2,950,000
Highway Access Yes

Building Details

Buildings 1
Building Size 17,700 SF
Listing Agency: Highpoint Real Estate & Development
Listed By: Brian Sikma · License #MI
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 9:43AM

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 Highpoint Real Estate & Development

Investment Insights

Based on property information with market context.

Located at 245 State St SE in Grand Rapids, this 17,700-square-foot office property combines recently refreshed interiors with a flexible professional layout. The building includes numerous private offices, conference rooms, and collaborative work areas suited to a range of office configurations.

The property is positioned near Trinity Health Saint Mary's hospital and Mary Free Bed rehab hospital, with access to downtown Grand Rapids amenities and area freeways. On-site parking provides 77 spaces for employees, visitors, and building users.

The updated interior environment and mix of enclosed and shared workspaces support both focused work and group meetings within a single office building.

Key Highlights

  • 17,700‑square‑foot office building at 245 State St SE
  • Recently updated interior finishes and workspace areas
  • Private offices, conference rooms, and collaborative workspaces

Property Analytics

Current Use

Dr. Jody L. ... Physician Lisa Lerond, PA-C Physician John Denboer Physician Advantage Health Physcian ... Medical Clinic Dr. Kerry L. ... Pediatrician

Suggested Use

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

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,225
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Modernized professional workspace with private offices, conference rooms, collaborative areas, and on-site parking.
Where is this office building located?
The property is located at 245 State St SE Grand Rapids, MI.
What are key features of this property?
This property features: 17,700‑square‑foot office building at 245 State St SE; Recently updated interior finishes and workspace areas; Private offices, conference rooms, and collaborative workspaces
(616) 285-8900 Call to check price and availability
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