Search
Historic Mixed-Use Building Downtown
For Lease
Contact for pricing

29 Peral St. NW, Grand Rapids, MI 49503

Centrally located historic building suitable for various businesses.

Space Size500 SF - 3,240 SF
Property Size57,848 SF
Days on Market2123

Property Features for 29 Peral St. NW

General Information

Standard status Active
Size 500 SF - 3,240 SF
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 57,848 SF
Year Built 1893
Tenancy Multiple

Spaces For Lease

at 29 Peral St. NW Contact us

Suite 224

Size
550 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 325

Size
1,165 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 415

Size
800 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 340

Size
3,240 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 106

Size
500 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 111

Size
1,446 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 220

Size
820 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 231

Size
800 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Bradley Company Grand Rapids
Listed By: Teresa Datema · License #MI 6501442503
Source: Crexi
Added: Oct 26, 2020 Changed: Aug 10 Last Checked: Aug 17 at 7:29AM

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 Bradley Company Grand Rapids

Investment Insights

Based on property information with market context.

The Federal Square Building, constructed in 1893, is a historic five-story mixed-use building situated in the heart of Downtown Grand Rapids. Located one block from the Amway Grand and adjacent to the Hyatt, the building offers a central location near numerous restaurants, bars, coffee houses, banks, and fitness centers. It is also conveniently close to State and Federal Court houses. The building is located on the corner of Pearl St. NW and Ionia St. The Federal Square Building is suitable for a start-up business, law office, medical office, staffing agency, insurance office, or other specialty business. An on-site salon is located within the building.

Key Highlights

  • Prime downtown location near Amway Grand and Hyatt.
  • Historic five‑story mixed‑use building with unique character.
  • Ideal for start‑ups, law offices, medical offices, and more.

Property Analytics

Current Use

Office Units

Lease Details

NNN (Triple Net)
Lease Type
$2.29 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,011
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 13% below 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Centrally located historic building suitable for various businesses.
Where is this office units located?
The property is located at 29 Peral St. NW Grand Rapids, MI.
What is the lease rate?
The lease rate is $15.25 SF/Yr.
What are key features of this property?
This property features: Prime downtown location near Amway Grand and Hyatt.; Historic five‑story mixed‑use building with unique character.; Ideal for start‑ups, law offices, medical offices, and more.
(616) 254-0005 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message