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Street Retail Space with Ramp Access
For Lease
$22 SF/Yr

89 Monroe Center Street Northwest, Grand Rapids, MI 49503

Sublease retail space includes utilities other than internet and provides direct access to a parking ramp.

Space Size2,164 SF
Days on Market54

Property Features for 89 Monroe Center Street Northwest

General Information

Standard status Active
Size 2,164 SF
Net Rentable 2,164 SF
Property subtype Retail - Street Retail

Space & Availability

Available Space 2,164 SF
Contiguous Space 2,164 SF
Space Use Retail
Sublease Yes

Additional Details

Utilities to Site Yes

Amenities

utilities included
direct access to Monroe Center Parking Ramp with free first hour parking

Building Details

Building Size 2,164 SF
Units 1

Spaces For Lease

at 89 Monroe Center Street Northwest Contact us

89 Monroe Center St NE $22/SF/Yr

Size
2,164 SF
Type
Retail
Lease Type
Modified Gross
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Fancy Real Estate
Listed By: Zoe Wyatt
Source: Commercialcafe
Added: Jul 10 Changed: Aug 30 Last Checked: Aug 31 at 1:27PM

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 Fancy Real Estate

Investment Insights

Based on property information with market context.

This 2,164-square-foot street retail space is available for sublease at 89 Monroe Center St NW. The property was built in 1980 and carries CC zoning. Utilities are included with the exception of internet service, helping simplify occupancy planning for a retail user.

The space is in downtown Grand Rapids and connects with 87 Monroe. Direct entry to the Monroe Center Parking Ramp provides an on-site parking connection, with the first hour free for customers and staff. The property is surrounded by dining, shopping, and entertainment uses, supporting a retail setting with established downtown activity.

Key Highlights

  • 2,164 SF street retail space available for sublease
  • CC zoning
  • Utilities included except internet

Property Analytics

Current Use

dbHMS Engineer Fusionary (Bike/Boat/Book/etc) Store Sustainable Mechanical Design General Contractor JDW Financial Financial Advisor

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.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,314
Businesses Nearby
47k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Hotels & Casinos 36% Shops & Services 20%
Burger King Dining
13,932 visits/mo 0.5 miles
Holiday Inn Grand Rapids Downtown, an IHG Hotel Hotels & Casinos
8,712 visits/mo 0.4 miles
Residence Inn Grand Rapids Downtown Hotels & Casinos
8,031 visits/mo 0.2 miles
Mobil Shops & Services
7,368 visits/mo 0.5 miles
Leo's Coney Island Dining
3,662 visits/mo 0.3 miles

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

$16.75 /SF/Yr
Avg Asking Price
$3.81–$35 /SF/Yr
Price Range
24,398 SF
Avg Space Size

This space is priced 31% above the average of $16.75 /SF/Yr.

Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Sublease retail space includes utilities other than internet and provides direct access to a parking ramp.
Where is this retail space located?
The property is located at 89 Monroe Center Street Northwest Grand Rapids, MI.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: 2,164 SF street retail space available for sublease; CC zoning; Utilities included except internet
More about this property
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