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    Mixed-Use Office Showroom
    Updated: Mar 15, 2024
    Mixed-Use Office Showroom

    1628 Madison Avenue SE, Grand Rapids, MI 49507

    $400,000
    3,168 sqft 0.07 AC lot
    Mixed‑use office and showroom configuration
    3168 square feet of property size
    0.07‑acre site
    Built in 1936
    Forced‑air heating
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    This listing looks promising.

    Here's a quick look at some key insights for

    1628 Madison Avenue SE, Grand Rapids, MI 49507

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $35K
      Annual

    • Mortgage

      $100K
      May 2021

    • Property Type

      Commercial (General)
      Built 1936
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    Renovated Single-Story Office Building
    Updated: Aug 4
    Renovated Single-Story Office Building

    2935 Buchanan Avenue SW, Grand Rapids, MI 49548

    $1,296,000
    8,473 sqft 0.63 AC lot
    Single‑story office building on 0.63 acres
    Renovated in 2017
    One‑half of the building is fully leased to long‑term tenants
    Remaining half offers owner‑occupant space
    Brick construction with forced‑air heat and central air
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    Multi-Tenant Office Building
    Multi-Tenant Office Building

    2426 Burton Street SE, Grand Rapids, MI 49546

    $1,000,000
    4,081 sqft 0.53 AC lot

    Four-suite commercial building positioned on a high-traffic corridor with suites suited for medical or professional office use.

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    Two-Story Bar and Music Venue
    Two-Story Bar and Music Venue

    760 Butterworth Street SW, Grand Rapids, MI 49504

    $1,475,000
    4,641 sqft 0.12 AC lot

    Two-story building with an active bar and music venue downstairs and office and green room space upstairs.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Freestanding Office Building Corner
    Freestanding Office Building Corner

    1750 Leonard St NE, Grand Rapids, MI 49505

    $1,500,000
    7,500 sqft

    Well-maintained freestanding office building with a renovated main level, lower-level support space, and 60 parking spaces.

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    Historic Building Condo Conversion
    Historic Building Condo Conversion

    101 Sheldon Avenue SE, Grand Rapids, MI 49503

    $949,500
    9,721 sqft 0.57 AC lot

    First floor condo in a historic Grand Rapids building.

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    Freestanding Bank Branch with Drive-Thru
    Freestanding Bank Branch with Drive-Thru

    5135 Kalamazoo Avenue SE, Grand Rapids, MI 49508

    $625,000
    3,764 sqft 1.69 AC lot

    Freestanding office/medical facility with drive-thru on Kalamazoo Avenue SE, zoned C-4 Office in Grand Rapids.

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    Class A Multi-Tenant Office Building
    Class A Multi-Tenant Office Building

    5211 Cascade Road SE, Grand Rapids, MI 49546

    $6,200,000
    45,814 sqft 6.40 AC lot

    Class A multi-tenant office building totaling 45,814 square feet on a 6.4-acre parcel in Grand Rapids.

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    For-Sale Office Building
    For-Sale Office Building

    425 Pleasant St SW, Grand Rapids, MI 49503

    $1,500,000
    10,777 sqft

    Office building for sale at 425 Pleasant St SW, offering 10,777 SF of space.

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    Multi-Unit Commercial Building
    Multi-Unit Commercial Building

    4000 Remembrance Road NW, Grand Rapids, MI 49534

    $584,900
    8,446 sqft 1.00 AC lot

    Five rentable units with a dual 23' hood system and two updated office spaces within a ready-to-lease commercial building.

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    Corner Office/Retail Building Opportunity
    Corner Office/Retail Building Opportunity

    758 Burton Street SE, Grand Rapids, MI 49507

    $414,700
    3,540 sqft 0.11 AC lot

    Corner dual-parcel property with multiple HVAC zones, private offices, and parking for flexible office or retail use.

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    Mixed-Use Industrial/Commercial Building For Sale
    Mixed-Use Industrial/Commercial Building For Sale

    Grand Rapids, MI 49534

    $1,500,000
    7,898 sqft

    Mixed-use building with industrial and office suites near I-96.

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    Mixed-Use Building with Street-Level Unit
    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 building with a street-level unit plus two apartments and four off-street parking spaces.

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    Riverfront Office Unit
    Riverfront Office Unit

    801 Monroe Avenue NW, Grand Rapids, MI 49503

    $450,000
    1,437 sqft 0.03 AC lot

    First-floor commercial condo with private rooms, kitchenette, patio, and flexible office, creative, or wellness use.

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    Multi-Tenant Office Building
    Multi-Tenant Office Building

    Grand Rapids, MI 49546

    $6,200,000
    45,814 sqft 6.40 AC lot

    Established office property with multiple occupants, substantial rentable area, and convenient I-96 connectivity.

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    Historic Office Building with Ballroom
    Historic Office Building with Ballroom

    25 Sheldon Avenue SE, Grand Rapids, MI 49503

    $5,250,000
    48,211 sqft 0.65 AC lot

    Built in 1921 and renovated in 2016, the four-story building offers office space and a historic ballroom.

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    Office Units with Basement Storage
    Office Units with Basement Storage

    610 Benjamin Avenue SE, Grand Rapids, MI 49506

    $219,900
    2,396 sqft 0.07 AC lot

    Flexible office space with additional basement storage and natural gas availability.

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    Riverfront Commercial Condo in Grand Rapids
    Riverfront Commercial Condo in Grand Rapids

    801 Monroe Ave NW 105, Grand Rapids, MI 49503

    $450,000
    1,437 sqft

    Move-in ready commercial condo with river views and trail access.

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    Four-Story Mixed-Use Building
    Four-Story Mixed-Use Building

    20 & 22 Crescent Street NE, Grand Rapids, MI 49501

    $1,350,000
    0.07 AC lot

    Five residential units complement a flexible office area with a kitchen, full bathroom, and washer and dryer hookup.

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    Free Standing Office Building
    Free Standing Office Building

    Grand Rapids, MI 49504

    $775,000
    2,088 sqft

    Office building with ample parking and redevelopment opportunity.

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    Mixed-Use Office Showroom Building
    Mixed-Use Office Showroom Building

    1620 Madison Avenue SE, Grand Rapids, MI 49507

    $900,000
    4,000 sqft 0.09 AC lot

    For sale mixed-use building with office and showroom space totaling about 4,000 square feet.

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    Landmark Mixed-Use Investment Opportunity
    Landmark Mixed-Use Investment Opportunity

    100 Monroe Center Street Northwest, Grand Rapids, MI 49503

    $8,868,049
    32,106 sqft

    Fully-leased mixed-use building in downtown Grand Rapids.

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    First-Floor Office Condo with Private Patio
    First-Floor Office Condo with Private Patio

    801 Monroe Avenue NW #105, Grand Rapids, MI 49503

    $450,000
    1,437 sqft

    Move-in ready first-floor office condo with two private rooms, a kitchenette, and direct patio access to the Riveredge Trail.

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    Historic Four-Floor Mixed-Use Building
    Historic Four-Floor Mixed-Use Building

    111 Division Avenue S, Grand Rapids, MI 49503

    $2,790,000
    47,647 sqft 0.40 AC lot

    Multi-level commercial space accommodates retail, office, restaurant, event, and gallery uses in a character-rich setting.

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    Grand Rapids, MI Office Spaces Market Trends and Statistics

    Explore 73 office spaces for sale in Grand Rapids, MI, showcased through 73 active listings on our real estate platform. These investment opportunities span a total of 1,345,953 square feet of properties for sale, with an estimated market value of $52,137,349.

    Sale prices for office spaces in Grand Rapids, MI start at $219,900, averaging $1,737,911, and reaching up to $8,868,049 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 126
    Office buildings 68
    Medical Office Space 21
    Creative space 14
    Coworking space 8

    Demographics Overview

    Population 434K
    Population Growth (5Y) +2.4%
    Median Household Income $74,271
    College Educated 24.5%

    High-Yield Neighborhoods for Investment

    Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49506 $219.9K
    49507 $532.4K
    49508 $560K
    49548 $740K
    49504 $1M

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $44.85 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kent County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Grand Rapids fall within the Under 2,500 square foot range.

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    Most Searched ZIP Codes in Grand Rapids, MI

    • 49503
    • 49546
    • 49507
    • 49525
    • 49504
    • 49508
    • 49505
    • 49548
    • 49506
    • 49534
    • 49501
    • 49544

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