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    38 Fulton St Grand Rapids, MI 49503

    For Lease
    $18 SF/Yr

    Downtown Grand Rapids Office Space, 11 Suites Available

    Lot size:
    37,556 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional Class B office building, located at 38 Fulton St W in Grand Rapids, Michigan's Central Business District, offers 37,556 square feet of prime executive office space. The property sits on a 0.55-acre lot and features a single, four-story building. Multiple tenancy options are available, with spaces ranging from a minimum of 378 square feet to a maximum contiguous space of 8,552 square feet. Currently, 19,866 square feet of space is vacant, providing ample opportunity for businesses of various sizes. Eleven individual suites are immediately available. The building's unique design incorporates loft-style spaces on the fourth floor, combining open and private office areas with high ceilings and abundant natural light. Third-floor suites offer private rooms with access to shared kitchen and collaborative workspaces. Convenient on-site parking is available at a monthly rate of $150 per space. The property's APN is 411325429012, and it's situated in Kent County, Michigan, zip code 49503. This is an excellent opportunity to establish a presence in the vibrant heart of Grand Rapids.

    Property Features for 38 Fulton St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,556 SF
    Class
    B
    Total Rate
    59307.18

    Building Details

    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 400 - 410 (Whole Floor)
    Size
    9,385 SF
    Rate per SF
    $18
    Space
    Suite 313
    Size
    1,187 SF
    Rate per SF
    $24
    Space
    Suite 307
    Size
    549 SF
    Rate per SF
    $24
    Space
    Suite 308
    Size
    419 SF
    Rate per SF
    $24
    Space
    Suite 410
    Size
    1,400 SF
    Rate per SF
    $18
    Space
    Suite 400 &401
    Size
    7,984 SF
    Rate per SF
    $18
    Space
    Suite 401
    Size
    2,604 SF
    Rate per SF
    $18
    Space
    Suite 401 +410
    Size
    4,004 SF
    Rate per SF
    $18
    Space
    Suite 400
    Size
    5,380 SF
    Rate per SF
    $18
    Space
    Suite 310
    Size
    968 SF
    Rate per SF
    $24
    Space
    Suite 304
    Size
    551 SF
    Rate per SF
    $24
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Passion Entrepreneurs Consultant Encoursa, LLC Software Company CSM Group Grand ... Business To Business Service Unforget Yourself Wellness Program Web Design Grand ... Website Designer

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.6695137
    Latitude
    42.9629978

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    FAQs

    What type of property is this?
    Office Property Space - Downtown Grand Rapids Office Space, 11 Suites Available
    Where is this office property space located?
    The property is located at 38 Fulton St Grand Rapids, MI.
    What is the lease rate?
    The lease rate is $18-$24 SF/Yr.
    Request Owner's contact information
    38 Fulton St Grand Rapids, MI 49503
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    38 Fulton St
    Grand Rapids, MI 49503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    38 Fulton St Grand Rapids, MI 49503
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