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Flexible Downtown Office Redevelopment
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49 Coldbrook Street NE, Grand Rapids, MI 49503

Redevelopment-ready office property with flexible use potential near Belknap Park and downtown amenities.

Property SizeContact for details
Days on Market124

Property Features for 49 Coldbrook Street NE

General Information

Standard status Active
Property subtype Office
Listing Agency: MOXIE
Listed By: Max Grover · License #MI 6502431277
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 6:39AM

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 MOXIE

Investment Insights

Based on property information with market context.

This office property offers an extremely flexible redevelopment opportunity suited to a multitude of uses. The offering is positioned as redevelopment-ready, giving buyers the ability to adapt the site to their specific plan while keeping the existing downtown presence.

The property is located across from Belknap Park and Griff’s Ice House, minutes from city center. It is also an easy walk to the river and the 6th Street Bridge, with additional area amenities along N. Monroe. Public remarks also reference the just-announced Spectrum Health development, just south of the Creston Heights Market, and just north of Medical Mile.

Overall, the site’s location and stated flexibility support a wide range of redevelopment concepts in the downtown Grand Rapids area.

Key Highlights

  • Redevelopment‑ready office property with flexible use potential for a multitude of uses
  • Located across from Belknap Park
  • Across from Griff's Ice House

Property Analytics

Current Use

Two Arrows Wealth ... Financial Advisor DEKSIA Marketing & Advertising

Suggested Use

Top Pick Dental Office Building Supply Restaurant Auto Parts Store Nail Salon Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,340
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Redevelopment-ready office property with flexible use potential near Belknap Park and downtown amenities.
Where is this office building located?
The property is located at 49 Coldbrook Street NE Grand Rapids, MI.
What are key features of this property?
This property features: Redevelopment‑ready office property with flexible use potential for a multitude of uses; Located across from Belknap Park; Across from Griff's Ice House
(616) 453-8181 Call to check price and availability
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