Medical Office Space
For Lease
Contact for pricing
255 Washington St SE, Grand Rapids, MI 49503
Medical office space with treatment rooms, lab, and kitchenette.
Space Size1,364 SF
Property Size8,160 SF
Days on Market732
Property Features for 255 Washington St SE
General Information
Standard status
Active
Size
1,364 SF
Class
C
Property subtype
Office
Lease Type
Modified Gross
Building Details
Building Size
8,160 SF
Year Built
1950
Tenancy
Multiple
Spaces For Lease
at 255 Washington St SE Contact us- Size
- 1,364 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Suite B
Listing Agency:
NAI Wisinski of West Michigan
Listed By:
Jason Makowski, SIOR · License #MI
(616) 262-8532
Source:
Crexi
Added: Sep 5, 2024
Changed: Aug 14
Last Checked: Aug 29 at 4:08AM
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 NAI Wisinski of West Michigan
Investment Insights
Based on property information with market context.
This commercial real estate offers medical office space featuring four treatment rooms, a waiting/reception area, a lab, and a kitchenette. Ample on-site parking is available. The property is located in the Heritage Hill neighborhood.
Key Highlights
- Four treatment rooms offer versatile space.
- Features a waiting/reception area.
- Includes a lab and kitchenette.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,225
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$18.52 /SF/Yr
Avg Asking Price
$10.66–$22.5 /SF/Yr
Price Range
27,436 SF
Avg Space Size
This space is priced 14% below the average of $18.52 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Grand Rapids Veterinary Care Service — 230 Fulton St E, Grand Rapids, MI 49503
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office space with treatment rooms, lab, and kitchenette.
Where is this medical office space located?
The property is located at 255 Washington St SE Grand Rapids, MI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Four treatment rooms offer versatile space.; Features a waiting/reception area.; Includes a lab and kitchenette.
