Private Basement Office
For Lease
$36 SF/Yr
455 Cherry Street #Suite B, Grand Rapids, MI 49503
Utilities and shared restroom access support a straightforward workspace in a historic building near downtown amenities.
Space Size200 SF
Days on Market37
Property Features for 455 Cherry Street #Suite B
General Information
Standard status
Active
Size
200 SF
Net Rentable
200 SF
Lease Term
12 month minimum
Space & Availability
Available Space
200 SF
Contiguous Space
200 SF
Floor
Basement
Space Use
Office
Private Offices
1
Additional Details
Utilities to Site
Yes
Amenities
shared restroom
on-site parking
Building Details
Building Size
200 SF
Year Built
1902
Buildings
1
Listing Agency:
Urban Soil Realty
(616) 437-1065
Listed By:
Bradley S Veneklase · License #6505408520
Source:
Erareardonrealty
Added: Jul 24
Changed: Aug 29
Last Checked: Aug 25 at 9:14AM
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.
Available for rent, this 200 SF private office occupies the basement level of a building constructed in 1902. The suite provides a compact, dedicated setting for professional work, with access to a shared restroom and utilities included in the occupancy arrangement.
The property is located at 455 Cherry Street SE, Suite B, in Grand Rapids, Michigan. The Heritage Hill setting places the office near downtown, restaurants, and local amenities, while on-site parking adds convenience for occupants and visitors. Its smaller footprint offers a simple office configuration within an established commercial building.
The property is located at 455 Cherry Street SE, Suite B, in Grand Rapids, Michigan. The Heritage Hill setting places the office near downtown, restaurants, and local amenities, while on-site parking adds convenience for occupants and visitors. Its smaller footprint offers a simple office configuration within an established commercial building.
Key Highlights
- 200 SF private basement office
- Utilities included
- Shared restroom access
Property Analytics
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
Market
Lease Benchmarks for Grand Rapids, MI
$17.71 /SF/Yr
Avg Asking Price
$4–$36 /SF/Yr
Price Range
14,665 SF
Avg Space Size
This space is priced 103% above the average of $17.71 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Utilities and shared restroom access support a straightforward workspace in a historic building near downtown amenities.
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: 200 SF private basement office; Utilities included; Shared restroom access
