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Flex Space with Workshop
For Sale
$549,000

538 Eastern Ave SE, Grand Rapids, MI 49503

Commercial service building combines shop, workshop, office, and gathering areas in a flexible business layout.

Property Size6,486 SF
Price / SF$84.64
Days on Market109

Property Features for 538 Eastern Ave SE

General Information

Standard status Active
Size 6,486 SF
Property subtype Industrial
Zoning TBA

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Drive-In Doors 1

Amenities

Built-in bar area
Listing Agency: First Companies
Listed By: Ty Hallock · License #6502396785
Source: Carwm.resimplifi
Added: May 14 Changed: Aug 29 Last Checked: Aug 29 at 10:48PM

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 First Companies

Investment Insights

Based on property information with market context.

This 6,486-square-foot commercial service building offers a practical combination of shop, workshop, and office areas. The interior includes a private executive office with a dedicated restroom, along with a built-in bar area that can serve employees or visitors. A 10-foot overhead door supports equipment and vehicle access, while the flexible arrangement accommodates varied business operations.

The property is positioned on Eastern Avenue south of Wealthy Street, with access to US 131, I-196, and downtown Grand Rapids. Zoning is identified as TBA.

Key Highlights

  • 6,486‑square‑foot commercial service building
  • Shop area and dedicated workshop space
  • Private executive office with its own restroom

Property Analytics

Current Use

The Forge Marketing & Advertising District Furniture / Straight ... Production Facility

Suggested Use

Top Pick Real Estate Agency Nail Salon HVAC Service Auto Parts Store Big Box & Wholesale Store Grocery & Convenience Store

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

1
Drive-in doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

802
Businesses Nearby
Balanced
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Claude's Culinary Creations 725 Fulton St E, Grand Rapids, MI 49503
  • Kangaroo Kitchen and Catering 1007 Fulton St E, Grand Rapids, MI 49503
  • Above & Beyond Catering & Events 1307 Fulton St E, Grand Rapids, MI 49503
  • Catering Co 1307 Fulton St E, Grand Rapids, MI 49503
  • Martha's Catering 1122 Michigan St NE, Grand Rapids, MI 49503

Frequently Asked Questions

What type of property is this?
Flex space - Commercial service building combines shop, workshop, office, and gathering areas in a flexible business layout.
Where is this flex space located?
The property is located at 538 Eastern Ave SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 6,486‑square‑foot commercial service building; Shop area and dedicated workshop space; Private executive office with its own restroom
More about this property
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