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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

333 Chavez Ave Grand Rapids, MI 49503

8,748 SF Built 1891
Property ID
Property summary
AI-generated overview

This exceptional 2,939 square foot executive office suite, located in the heart of downtown Grand Rapids, offers a unique blend of historic charm and modern functionality. Situated in a three-building complex totaling 8,748 square feet, this second-floor space boasts stunning 14-foot ceilings with exposed wood beams and LVP flooring. The property, built in 1891, is zoned TN-CC, providing flexibility for a variety of uses, including coffee shops, cafes, bars, restaurants, professional offices, salons, and retail establishments. The suite's prime location offers convenient access to Founders Brewery, Grand Rapids Ballet, and US-131. A modified gross lease of $17 per square foot ($4,164 per month) is offered for a 36-60 month term. Tenants are responsible for utilities and janitorial services. This is a rare opportunity to secure a distinctive and well-located commercial space in a thriving downtown area. The building's character and the suite's versatile layout make it an ideal choice for businesses seeking a unique and inspiring work environment. Don't miss this chance to establish your presence in one of Grand Rapids' most desirable locations.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1891
Total area 8,748 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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