240 Ionia AveGrand Rapids, MI 49503

For Lease
$11/SF/YR

Prime retail space, multiple units available

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use retail property, located at 240 Ionia Avenue SW in Grand Rapids, Michigan, offers a unique opportunity for businesses seeking a vibrant downtown location. The building, constructed in 2013 and renovated in 2020, boasts a total of 53,687 square feet across seven stories, situated on a 0.35-acre lot. Currently, 10,900 square feet of retail space is available, divisible into units ranging from 4,600 to a maximum contiguous 6,300 square feet. The property's TN-CC zoning allows for a variety of commercial uses. Its prime downtown location places it within easy walking distance of the Arena and the historic Heartside district, offering unparalleled access to the city's best dining, nightlife, and entertainment options. The building features attractive design elements, including large bay windows providing ample street frontage and natural light. On-site parking is available, and the property also offers the potential for sidewalk dining. A tenant improvement allowance is available for qualified tenants. The property's Kent County location (APN: 41-13-25-488-001) and zip code 49503 further enhance its desirability. This is a rare opportunity to secure a prominent retail presence in the heart of a thriving urban center.

Highlights

  • Exceptional 53,687 SF mixed-use building in Grand Rapids, MI's vibrant downtown.
  • 10,900 SF of divisible retail space available (4,600-6,300 SF units).
  • 2013 construction, renovated in 2020, situated on a 0.35-acre lot.
  • Prime downtown location near the Arena and Heartside district, offering ample foot traffic.
  • TN-CC zoning allows for diverse commercial uses; on-site parking and potential for sidewalk dining.
  • Tenant improvement allowance available; attractive design with large bay windows.

Property Details for 240 Ionia Ave

Property type
Other retail properties, Other mixed-use properties
RSF (Rentable sq. ft)
53,687 SF
Year Built/Renovated
2013/2020
Buildings
1
Stories
7

Unit(s) available at that property

Space
Suite: B-Main W/Mezzanine
Size
6,300 SF
Rate per SF
$11
Space
Suite: A-Main No Mezzanine
Size
4,600 SF
Rate per SF
$11

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.958531
Longitude
-85.669798
240 Ionia Ave, Grand Rapids, Michigan
Leaflet | © OpenStreetMap contributors

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240 Ionia Ave
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