Downtown Grand Rapids Entertainment District
For Lease
Contact for pricing
7 Ionia Ave Se, Grand Rapids, MI 49503
Historic site in Grand Rapids' entertainment district available for rent.
Space Size2,292 SF - 3,135 SF
Property Size17,984 SF
Days on Market840
Property Features for 7 Ionia Ave Se
General Information
Standard status
Active
Size
2,292 SF - 3,135 SF
Class
C
Property subtype
Retail, Office, Restaurant
Lease Type
NNN
Building Details
Building Size
17,984 SF
Tenancy
Multiple
Spaces For Lease
at 7 Ionia Ave Se Contact us- Size
- 3,135 SF
- Type
- Office, Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
Suite 7
- Size
- 2,292 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
7 Lower
Listing Agency:
Advantage Commercial Real Estate
Listed By:
Mark Ansara · License #MI 6501354465
(616) 774-3500
Source:
Crexi
Added: May 21, 2024
Changed: Aug 31
Last Checked: Sep 5 at 10:19PM
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.
The former Grand Rapids Brewing Company is available for rent. This property is located at 1 & 7 Ionia Avenue SW in downtown Grand Rapids, at the entrance to the city's entertainment district. The location benefits from high visibility, with an average of 12,082 vehicles passing by daily. Situated next to the Van Andel Arena and near entertainment venues such as The B.O.B., 20 Monroe Live, and The Intersection, the property offers an opportunity to be part of the city's entertainment scene. The surrounding area includes Peppino’s, Buffalo Wild Wings, Hop Cat, Stella’s Lounge, Max’s South Seas Hideaway, Mertens, and Davani. The area's appeal is expected to grow with Studio Park and Canopy by Hilton nearby, as well as plans for a new Soccer Arena and waterfront Amphitheater.
Key Highlights
- Prime location at the main entrance of downtown Grand Rapids' entertainment district.
- High traffic exposure with an average of 12,082 vehicles passing by daily.
- Adjacent to Van Andel Arena and surrounded by popular entertainment venues.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
7,721
Businesses Nearby
30k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 55%
Shops & Services 31%
Dining 13%
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
0.0 miles
Mobil
Shops & Services
7,368 visits/mo
0.4 miles
Leo's Coney Island
Dining
3,662 visits/mo
0.2 miles
FedEx Office Print & Ship Center
Shops & Services
1,051 visits/mo
0.2 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
$14.74 /SF/Yr
Avg Asking Price
$10–$22 /SF/Yr
Price Range
13,267 SF
Avg Space Size
This space is priced 32% below the average of $14.74 /SF/Yr.
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Dorothy and Tony's Gourmet Popcorn Shop — 435 Ionia Ave SW #121, Grand Rapids, MI 49503
- The Tin Can — 206 Cesar E. Chavez Ave SW, Grand Rapids, MI 49503
- Founders Brewing Co — 235 Cesar E. Chavez Ave SW, Grand Rapids, MI 49503
- Grand Woods Lounge — 77 Cesar E. Chavez Ave SW, Grand Rapids, MI 49503
- Intersection Lounge — 133 grandville ave sw, grand rapids, mi 49503
Frequently Asked Questions
What type of property is this?
Bar & Pub - Historic site in Grand Rapids' entertainment district available for rent.
Where is this bar & pub located?
The property is located at 7 Ionia Ave Se Grand Rapids, MI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Prime location at the main entrance of downtown Grand Rapids' entertainment district.; High traffic exposure with an average of 12,082 vehicles passing by daily.; Adjacent to Van Andel Arena and surrounded by popular entertainment venues.
