Mixed-Use Office and Retail
For Lease
$23 SF/Yr Modified Gross
64 Ionia Ave SW, Grand Rapids, MI 49503
Two office combination suites are available within downtown Grand Rapids’ Entertainment District.
Space SizeContact for details
Days on Market258
Property Features for 64 Ionia Ave SW
General Information
Standard status
Active
Class
A
Total Parking Spaces
87
Property subtype
Office
Zoning
CC
Lease Type
Modified Gross
Additional Details
Space Use
Office
Amenities
87 Parking Spaces
Building Details
Year Built
1916
Spaces For Lease
at 64 Ionia Ave SW
Available Space
$23/Mo
Listing Agency:
Advantage Commercial Real Estate
Listed By:
Gary Albrecht · License #6501370145
(616) 218-3928
Source:
Carwm.resimplifi
Added: Feb 1
Changed: Oct 12
Last Checked: Oct 16 at 5:56AM
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 Advantage Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property combines office and retail space within a downtown Grand Rapids building originally constructed in 1916. Two individual office combination suites are available for lease, providing flexible workplace options within a larger commercial setting. The property carries CC zoning and is positioned at 64 Ionia Ave SW.
The building sits in Grand Rapids’ Entertainment District, surrounded by major entertainment venues, destination restaurants, hotels, and market-rate multifamily developments. Its setting is described as highly walkable, with nearby development supported by multiple high-credit tenants and an expanding residential population.
The building sits in Grand Rapids’ Entertainment District, surrounded by major entertainment venues, destination restaurants, hotels, and market-rate multifamily developments. Its setting is described as highly walkable, with nearby development supported by multiple high-credit tenants and an expanding residential population.
Key Highlights
- Two individual office combination suites available for lease
- Mixed‑use office and retail building
- CC zoning
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,139
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Grand Rapids, MI
$25.92 /SF/Yr
Avg Asking Price
$8–$65.86 /SF/Yr
Price Range
51,851 SF
Avg Space Size
This space is priced 11% below the average of $25.92 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two office combination suites are available within downtown Grand Rapids’ Entertainment District.
Where is this mixed-use property located?
The property is located at 64 Ionia Ave SW Grand Rapids, MI.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Two individual office combination suites available for lease; Mixed‑use office and retail building; CC zoning
