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Three-Story Office Condo Corner Location
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72 Monroe Center St NW, Grand Rapids, MI 49503

Three-story commercial office condo with finished second and third floors, featuring open offices, private offices, and conference rooms.

Property Size18,975 SF
Price / SF$94.86
Days on Market129

Property Features for 72 Monroe Center St NW

General Information

Standard status Active
Size 18,975 SF
Property subtype Office
Zoning City Center
Investment Type Owner/User

Building Details

Year Renovated 2015
Stories 2
Listing Agency: NAI Wisinski of West Michigan - Grand Rapids
Listed By: Douglas Taatjes · License #MI 6502343179
Source: Crexi
Added: Apr 30 Changed: Aug 7 Last Checked: Sep 2 at 11:35AM

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 NAI Wisinski of West Michigan - Grand Rapids

Investment Insights

Based on property information with market context.

The Morton Office is a three-story commercial office condo offered for sale, featuring a main-floor entrance with grand two-story arched windows. The second and third floors are finished in a modern commercial office layout that includes an entry lounge, gathering area, open office space, private offices, and conference rooms. The offering also notes a potential lower-level bank vault that could be developed into additional employee and meeting-oriented space.

The property is located on the corner of Monroe Center and Ionia Ave on the Monroe Center retail corridor in Downtown Grand Rapids, with nearby cultural, dining, and Class A office activity described in the remarks.

A legal address is provided as 55 Ionia Ave NW, Grand Rapids, MI 49503.

Key Highlights

  • Three‑story commercial office condo on the corner of Monroe Center and Ionia Ave in Downtown Grand Rapids
  • Main floor entrance with grand two‑story arched windows
  • Finished 2nd and 3rd floors with a modern commercial office layout

Property Analytics

Current Use

Fusion Education Group High School Fusion Corporate Office

Suggested Use

Top Pick Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Barber Shop

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

7,314
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 units - Three-story commercial office condo with finished second and third floors, featuring open offices, private offices, and conference rooms.
Where is this office units located?
The property is located at 72 Monroe Center St NW Grand Rapids, MI.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Three‑story commercial office condo on the corner of Monroe Center and Ionia Ave in Downtown Grand Rapids; Main floor entrance with grand two‑story arched windows; Finished 2nd and 3rd floors with a modern commercial office layout
(616) 292-1828 Call to check price and availability
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