Street-Level Retail
For Lease
$19.50 SF/Yr
Pending
38 Commerce Ave SW, Grand Rapids, MI 49503
Street-level retail opportunity in a LEED-certified mixed-use building with attached parking and on-street parking.
Space Size911 SF
Days on Market399
Property Features for 38 Commerce Ave SW
General Information
Standard status
Pending
Size
911 SF
Net Rentable
911 SF
Total Parking Spaces
375
Property subtype
Retail
Zoning
CC
Lease Type
Modified Gross
Space & Availability
Available Space
911 SF
Contiguous Space
911 SF
Floor
Ground
Space Use
Retail
Additional Details
Corner Location
Yes
Amenities
LEED certified
attached parking garage
Power
Water
Sewer
Natural Gas
Building Details
Year Built
2009
Spaces For Lease
at 38 Commerce Ave SW Contact usAvailable Space $19.50/Mo
Contact us
Listing Agency:
NAI Wisinski of West Michigan
Listed By:
Todd Leinberger · License #6501394346
(616) 242-1114
Source:
Carwm.resimplifi
Added: Aug 1, 2025
Changed: Sep 2
Last Checked: Sep 2 at 1:53PM
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 911-square-foot retail space is positioned at street level within a LEED-certified mixed-use building completed in 2009. The property includes access to an attached 375-car parking garage, along with on-street parking for customers and visitors.
The building occupies the corner of Commerce and Weston, two blocks from Van Andel Arena and the Studio Park project. Its downtown Grand Rapids setting places the space within an entertainment-oriented mixed-use area. CC zoning is supported by the property information.
The building occupies the corner of Commerce and Weston, two blocks from Van Andel Arena and the Studio Park project. Its downtown Grand Rapids setting places the space within an entertainment-oriented mixed-use area. CC zoning is supported by the property information.
Key Highlights
- 911 SF of street‑level retail space available
- Attached 375‑car parking garage
- On‑street parking available
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.93 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
7,721
Businesses Nearby
30k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 55%
Shops & Services 31%
Dining 13%
Holiday Inn Grand Rapids Downtown, an IHG Hotel
Hotels & Casinos
8,712 visits/mo
0.4 miles
Residence Inn Grand Rapids Downtown
Hotels & Casinos
8,031 visits/mo
0.0 miles
Mobil
Shops & Services
7,368 visits/mo
0.4 miles
Leo's Coney Island
Dining
3,662 visits/mo
0.2 miles
FedEx Office Print & Ship Center
Shops & Services
1,051 visits/mo
0.2 miles
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
$16.75 /SF/Yr
Avg Asking Price
$3.81–$35 /SF/Yr
Price Range
24,398 SF
Avg Space Size
This space is priced 16% above the average of $16.75 /SF/Yr.
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Street-level retail opportunity in a LEED-certified mixed-use building with attached parking and on-street parking.
Where is this retail space located?
The property is located at 38 Commerce Ave SW Grand Rapids, MI.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: 911 SF of street‑level retail space available; Attached 375‑car parking garage; On‑street parking available
