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Basement Private Office Suite
For Lease
$36 SF/Yr

455 Cherry Street #Suite B, Grand Rapids, MI 49503

Small private office suite with shared restroom access and utilities included, suited for a quiet downtown-style workspace.

Space SizeContact for details
Property Size200 SF
Days on Market83

Property Features for 455 Cherry Street #Suite B

General Information

Standard status Active
Size 200 SF
Lease Term 12 month minimum

Building Details

Building Size 200 SF
Year Built 1902
Buildings 1
Listing Agency: Urban Soil Realty
Listed By: Bradley S Veneklase · License #6505408520
Source: Eliterealtymi
Added: Jun 3 Changed: Aug 23 Last Checked: Aug 23 at 7:59AM

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 Urban Soil Realty

Investment Insights

Based on property information with market context.

This listing offers a charming private office space in the basement level of a well-maintained building. The suite is designed for focused work and includes access to a shared restroom. Utilities are included, helping simplify monthly occupancy. The space is presented as a quiet, professional option with a straightforward, functional layout.

The property is situated in the heart of historic Heritage Hill, with convenient proximity to downtown and surrounding dining and local amenities. On-site parking is available for building occupants and visitors. Lease term is 12 months minimum.

This space can work well for a professional looking for a small, private setting with utilities included and shared restroom access. It is also a practical fit for tenants who value a quieter work environment while remaining near restaurants and other everyday destinations. With its simple arrangement and included utilities, the suite supports straightforward, day-to-day office use.

Key Highlights

  • 1902‑built building with a 200 SF private office suite on the basement level
  • Shared restroom access
  • Utilities included

Property Analytics

Current Use

Stonecastle Dentistry Dental Office Dr. Juli S. ... Dental Office Jon Feinauer, DDS Dental Office Tru Wit Services Counselor CreativeLine Studio and Gallery Art Gallery

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Electrical Service Carpet & Flooring Store Pet Grooming Service Daycare Center

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

NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,957
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 106% above 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
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Frequently Asked Questions

What type of property is this?
Office units - Small private office suite with shared restroom access and utilities included, suited for a quiet downtown-style workspace.
Where is this office units located?
The property is located at 455 Cherry Street #Suite B 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: 1902‑built building with a 200 SF private office suite on the basement level; Shared restroom access; Utilities included
More about this property
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