Private Basement Office
For Lease
$36 SF/Yr
455 Cherry Street SE, Grand Rapids, MI 49503
Commercial Lease, Grand Rapids, MI
Space Size200 SF
Lot Size0.53 Acres
Days on Market150
Property Features for 455 Cherry Street SE
General Information
Property type
Commercial Lease
Property subtype
Office
Fireplace
1
Elementary school district
Grand Rapids
Middle school district
Grand Rapids
High school district
Grand Rapids
Directions
Corner of College and Cherry
Standard status
Active
APN
41-14-30-403-019
Size
200 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Description
LOT 1476* STEINMANN S ASSESSOR S PLAT NO 51
Legal Description
LOT 1476* STEINMANN S ASSESSOR S PLAT NO 51
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1902
Building materials
Stone
Listing Agency:
Urban Soil Realty
Listed By:
Bradley S Veneklase · License #6505408520
(616) 437-1065
Added: May 16
Changed: Oct 8
Last Checked: Oct 12 at 10:06AM
MLS# 26024640
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 200-square-foot office unit is positioned on the basement level of a stone building constructed in 1902. The private workspace includes access to a shared restroom, while forced-air heating and central air conditioning support year-round comfort. A fireplace is also present within the building.
The property is located in Grand Rapids’ Heritage Hill area, near downtown, restaurants, and other local amenities. On-site parking is available, adding practical convenience for office users. The space is offered for lease as a compact, functional workspace in a character-rich setting.
The property is located in Grand Rapids’ Heritage Hill area, near downtown, restaurants, and other local amenities. On-site parking is available, adding practical convenience for office users. The space is offered for lease as a compact, functional workspace in a character-rich setting.
Key Highlights
- 200 square feet of private office space
- Basement‑level setting within a stone building constructed in 1902
- Shared restroom access
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,957
Businesses Nearby
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
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Market
Lease Benchmarks for Grand Rapids, MI
$17.59 /SF/Yr
Avg Asking Price
$1.46–$50 /SF/Yr
Price Range
30,790 SF
Avg Space Size
This space is priced 105% above the average of $17.59 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Basement office unit with shared restroom, included utilities, and on-site parking.
Where is this office units located?
The property is located at 455 Cherry Street SE Grand Rapids, MI.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: 200 square feet of private office space; Basement‑level setting within a stone building constructed in 1902; Shared restroom access
