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Renovated Office Units
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89 Ionia Ave NW, Grand Rapids, MI 49503

Updated upper-floor workspace occupies a multi-story downtown building with corner positioning in the Central Business District.

Space SizeContact for details
Days on Market210

Property Features for 89 Ionia Ave NW

General Information

Standard status Active
Property subtype Office
Zoning CC

Additional Details

Space Use Office

Building Details

Year Built 1916

Spaces For Lease

at 89 Ionia Ave NW Contact us

Available Space $19.50/Mo

Contact us

Available Space $7/Mo

Contact us
Listing Agency: Advantage Commercial Real Estate
Listed By: Gary Albrecht · License #501448393
Source: Carwm.resimplifi
Added: Feb 1 Changed: Aug 28 Last Checked: Aug 28 at 8:39PM

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

Investment Insights

Based on property information with market context.

Office units are available within a 38,024-square-foot commercial building constructed in 1916. The fourth, fifth, and sixth floors were completely renovated, adding updated workspace within an older downtown structure. The property is zoned CC.

The building occupies the corner of Ionia Avenue and Fountain Street in Grand Rapids’ Central Business District. Its upper-floor configuration provides office space across three renovated levels, combining contemporary improvements with the building’s established architectural character.

Key Highlights

  • 38,024‑square‑foot commercial building
  • Fourth, fifth, and sixth floors completely renovated
  • Built in 1916

Property Analytics

Current Use

Kanazeh Julienee Y Law Firm Beers Lafayette Law Firm Trust Building Legal ... Law Firm Retirement Wealth Advisors Financial Advisor FormulaFolios Bank

Suggested Use

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

Lease Details

NNN (Triple Net)
Lease Type

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

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

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 - Updated upper-floor workspace occupies a multi-story downtown building with corner positioning in the Central Business District.
Where is this office units located?
The property is located at 89 Ionia Ave NW Grand Rapids, MI.
What are key features of this property?
This property features: 38,024‑square‑foot commercial building; Fourth, fifth, and sixth floors completely renovated; Built in 1916
More about this property
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