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Downtown Grand Rapids Office Space
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161 Ottawa Ave NW, Grand Rapids, MI 49503

Office suites available in downtown Grand Rapids.

Space Size138 SF - 7,104 SF
Property Size400,000 SF
Days on Market2847

Property Features for 161 Ottawa Ave NW

General Information

Standard status Active
Size 138 SF - 7,104 SF
Total Parking Spaces 650
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 400,000 SF
Year Built 1898
Tenancy Multiple

Spaces For Lease

at 161 Ottawa Ave NW Contact us

110-M

Size
1,187 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

203

Size
2,655 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

205

Size
1,398 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

207

Size
1,379 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

209

Size
239 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

210

Size
200 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

300

Size
2,082 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

307

Size
2,074 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

308

Size
3,101 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

309

Size
1,082 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

222

Size
209 SF
Type
Office
Availability
Active
Contact us

223

Size
225 SF
Type
Office
Availability
Active
Contact us

224

Size
197 SF
Type
Office
Availability
Active
Contact us

225

Size
220 SF
Type
Office
Availability
Active
Contact us

226

Size
211 SF
Type
Office
Availability
Active
Contact us

227

Size
171 SF
Type
Office
Availability
Active
Contact us

228

Size
192 SF
Type
Office
Availability
Active
Contact us

229

Size
203 SF
Type
Office
Availability
Active
Contact us

230

Size
138 SF
Type
Office
Availability
Active
Contact us

231

Size
144 SF
Type
Office
Availability
Active
Contact us

Suite 200

Size
7,104 SF
Type
Office
Availability
Active
Contact us

Suite 200-A

Size
5,658 SF
Type
Office
Availability
Active
Contact us

Suite 200-B

Size
1,446 SF
Type
Office
Availability
Active
Contact us

Suite 205

Size
1,398 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Bradley Company Grand Rapids
Listed By: Teresa Datema · License #MI 6501442503
Source: Crexi
Added: Nov 5, 2018 Changed: Aug 22 Last Checked: Aug 22 at 6:58AM

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 Bradley Company Grand Rapids

Investment Insights

Based on property information with market context.

This commercial real estate offers a variety of office suite sizes and configurations suitable for various business needs. Located in downtown Grand Rapids, the property aims to provide workspace solutions.

Key Highlights

  • Variety of suite sizes and configurations available.
  • Located at the apex of downtown Grand Rapids.
  • Suitable for any business.

Property Analytics

Current Use

US Customs Services Federal Government Office Leonard Richard G Law Firm kreativeMotive Advertising Agency West Michigan District ... Association / Organization Donald Vanostenberg, PHD Physician

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Auto Parts Store Storage Facility

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
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,617
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

$17.51 /SF/Yr
Avg Asking Price
$4–$36 /SF/Yr
Price Range
14,288 SF
Avg Space Size

This space is priced 29% below the average of $17.51 /SF/Yr.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Office suites available in downtown Grand Rapids.
Where is this office units located?
The property is located at 161 Ottawa Ave NW Grand Rapids, MI.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Variety of suite sizes and configurations available.; Located at the apex of downtown Grand Rapids.; Suitable for any business.
(616) 254-0005 Call to check price and availability
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