Grand Rapids, MI Live-work space for sale

Updated: Jul 21

Mixed-Use Building with Street-Level Unit

1205 Bridge Street NW, Grand Rapids, MI 49504

$649,900

2,789 sqft 0.11 AC lot

Fully renovated mixed‑use property with 3 separate units: Unit A (street‑level retail/office), Unit B (1 bed/1 bath), and Unit C (3 bed/1 bath).
Four off‑street parking spots included.
Central air cooling plus multiple heating types listed: baseboard, hot water (heating), forced air, and radiant heat.
Year built: 1946.
Interior features include broadband; cable available.

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This listing looks promising.

Here's a quick look at some key insights for

1205 Bridge Street NW, Grand Rapids, MI 49504

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Est. Cap Rate

6.2%
Above avg (5.9%)
Est. NOI

$40K
Annual
Mortgage

$384K
Mar 2023
Last Sold

Feb 2025
$480K
Property Type

Office Building
Built 1946

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Updated: Sep 7, 2023

Division Avenue Commercial Building For Sale

1001 Division Ave S, Grand Rapids, MI 49507

$825,000

0.50 AC lot

Approved for cannabis testing/secure transport facility.
TN‑TBA zoning allows for diverse uses including live‑work, multi‑family, and medical.
Sits within the SouthTown corridor improvement authority development plan.
Ample parking and great frontage on busy Division Avenue.
Building renovated in 2009.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Building Live-Work and Rental

314 & 316 Western Avenue, Allegan, MI 49010

$400,000

5,610 sqft 0.80 AC lot

Property includes multiple buildings on four city lots, with one building used for service and distribution and another for multifamily rentals.

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Contiguous Mixed-Use Redevelopment Buildings

110 106 Locust Street, Allegan, MI 49010

$349,900

6,600 sqft

Two contiguous downtown properties at 106 and 110 Locust Street are offered together for mixed-use redevelopment potential.

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Downtown Mixed-Use Office-Retail Building

108 S Main Street, Plainwell, MI 49080

$220,000

2,400 sqft 0.06 AC lot

Mixed-use building combines flexible office/retail space with a remodeled two-bedroom apartment and covered parking.

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Retail Building with Live-Work Unit

111 N Main Street, Plainwell, MI 49080

$199,500

A downtown storefront with display windows and a connected 2-bedroom apartment with a private entry.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

City Center Parking Lot Development Site

407 Turner Avenue NW, Grand Rapids, MI 49504

$1,475,000

7,316 sqft 0.32 AC lot

Parking lot site with 7,316 SF and 0.32-acre area, offered with development options and existing parking.

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Kalamazoo Land For Sale

209 E North Street, Kalamazoo, MI 49007

$55,000

0.16 AC lot

Land zoned Live Work 1 with downtown views.

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Ludington Waterfront Development Opportunity

W Danaher St, Ludington, MI 49431

$245,000

0.19 AC lot

Prime Ludington building site with flexible mixed-use zoning.

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Spacious Commercial Building on M-65

4271 N M-65, Hale, MI 48739

$480,000

5,500 sqft 4.00 AC lot

Large commercial building with living space on heavily traveled M-65.

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Grand Rapids, MI Live-Work Space Market Trends and Statistics

Explore 2 live-work space for sale in Grand Rapids, MI on our real estate platform. These investment opportunities span a total of 2,789 square feet of properties for sale, with an estimated market value of $1,474,900.

Sale prices for live-work properties in Grand Rapids, MI start at $649,900, averaging $737,450, and reaching up to $825,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49525	$299.9K
49548	$395K
49507	$825K

Neighborhood

Average Price

49525

$299.9K

49548

$395K

49507

$825K

Grand Rapids, MI Live-work Space for Sale

1205 Bridge Street NW, Grand Rapids, MI 49504

1001 Division Ave S, Grand Rapids, MI 49507