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    20 Fulton St Grand Rapids, MI 49503

    For Lease
    $25 SF/Yr

    Class A Retail, 10,483 SF Available

    Lot size:
    363,948 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Class A retail space, totaling 10,483 square feet, is situated in the vibrant heart of downtown Grand Rapids, Michigan, at 20 Fulton Street East. Located within the prestigious 20 Fulton East mixed-use development, this single-tenant suite boasts high ceilings and ample window frontage, creating a bright and inviting atmosphere. Built in 2017 and renovated in 2018, the property is part of a larger 363,948 square foot building encompassing 12 stories. The building offers 25 parking spaces for tenant and customer convenience. The suite's flexible design allows for a variety of uses, including but not limited to banking, coffee shops, offices, or retail establishments. Potential for outdoor patio seating adds further appeal. Benefiting from its location within a 110-unit apartment complex, this retail space enjoys high foot traffic and proximity to amenities. The property is conveniently located near the Van Andel Arena and 20 Monroe Live, offering excellent visibility and accessibility. The 0.4-acre lot is zoned TN-CC. The property's address is 20 Fulton St E, Grand Rapids, MI 49503, with a cross street of Sheldon & Fulton. The APN is 411430301002. This is a truly unique opportunity to establish a thriving business in a prime downtown location.

    Property Features for 20 Fulton St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    363,948 SF
    Class
    A
    Total Rate
    758225

    Building Details

    Year Built/Renovated
    2017/2018
    Buildings
    1
    Stories
    12

    Unit(s) available at that property

    Space
    Suite: C1
    Size
    10,483 SF
    Rate per SF
    $25
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Poke Poke - Sushi ... Poke Bar 20 Fulton East ... Apartment Building Billy Bear Hug Association Or Organization White Hot Center Business Development Service RLS Notary Notary Public

    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
    -85.6672872
    Latitude
    42.963043

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    FAQs

    What type of property is this?
    Retail property - Class A Retail, 10,483 SF Available
    Where is this retail property located?
    The property is located at 20 Fulton St Grand Rapids, MI.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    Request Owner's contact information
    20 Fulton St Grand Rapids, MI 49503
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    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
    20 Fulton St Grand Rapids, MI 49503
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