Retail Space in Heritage
For Lease
Contact for pricing
345 State St SE, Grand Rapids, MI 49503
Prime retail space in the Historical Heritage Hill District.
Space Size2,700 SF
Property Size52,030 SF
Days on Market1566
Property Features for 345 State St SE
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
52,030 SF
Year Built
1956
Tenancy
Single
Spaces For Lease
at 345 State St SE Contact us- Size
- 2,700 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Suite B - Main
Listing Agency:
Signature Associates Grand Rapids
Listed By:
Joe Rizqallah · License #MI
(616) 235-0900
Source:
Crexi
Added: May 24, 2022
Changed: Aug 26
Last Checked: Sep 2 at 3:08PM
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 Signature Associates Grand Rapids
Investment Insights
Based on property information with market context.
This retail space is located within the Historical Heritage Hill District, near downtown Grand Rapids. The mid-century modern design architecture features updated finishes. The site benefits from vehicle and foot traffic along State Street and is within walking distance of amenities and downtown Grand Rapids. It is suitable for a café, dining, coffee shop, gift shop, general retail use, professional services, or mixed-use purposes.
Key Highlights
- Prime retail space in the high‑traffic Heritage Hill District.
- Walking distance to downtown Grand Rapids amenities.
- Suitable for various uses: café, dining, retail, professional, mix‑use.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,424
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 46%
Dollar General
Shops & Services
3,547 visits/mo
0.1 miles
SUBWAY
Dining
3,211 visits/mo
0.5 miles
BIGGBY COFFEE
Dining
2,099 visits/mo
0.5 miles
Spectrum
Shops & Services
997 visits/mo
0.4 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 10% below the average of $16.75 /SF/Yr.
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Prime retail space in the Historical Heritage Hill District.
Where is this retail space located?
The property is located at 345 State St SE Grand Rapids, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime retail space in the high‑traffic Heritage Hill District.; Walking distance to downtown Grand Rapids amenities.; Suitable for various uses: café, dining, retail, professional, mix‑use.
