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    Grand Rapids, MI Storefront Properties for Sale

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    Grand Rapids Retail Investment Opportunity
    Updated: Mar 27, 2024
    Grand Rapids Retail Investment Opportunity

    330 Ann St NW, Grand Rapids, MI

    $4,500,000
    22,509 sqft · 2.18 AC lot
    Long term absolute NNN lease with no landlord obligations
    Exclusive Cookies Cannabis license serving the Grand Rapids MSA
    15 year lease with 3% annual increases in term & option periods
    Completely renovated in 2023
    16,000+ VPD - High traffic counts and entrance/ exit to highway
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    330 Ann St NW, Grand Rapids, MI

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $326K
      Annual

    • Mortgage

      $6.09M
      Oct 2018

    • Property Type

      Commercial (General)
      Built 1979
    View Property Analytics
    Multi-Tenant Retail Building with C-4
    Updated: Jun 10
    Multi-Tenant Retail Building with C-4

    2611 Alpine Avenue NW, Grand Rapids, MI 49544

    $1,250,000
    5,884 sqft · 0.59 AC lot
    5,884‑SF multi‑tenant retail building on a 0.59‑acre lot in Grand Rapids, MI
    C‑4 commercial zoning with a flexible layout for general retail, personal services, and medical/office configurations
    100 ft of direct road frontage on Alpine Ave plus a highly visible dedicated pylon street sign
    280‑ft lot depth for flexible parking layout and vehicle‑stacking potential
    Building divided into storefront suites with independent customer restrooms and utility separations
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    Retail Storefront Business Opportunity
    Retail Storefront Business Opportunity

    1321 Fulton Street E, Grand Rapids, MI 49503

    $349,900
    1,122 sqft · 0.03 AC lot

    Turnkey smoke shop operation with beer and wine license on a storefront with 20 feet of street frontage.

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    Turnkey Fully Leased Retail Building
    Turnkey Fully Leased Retail Building

    4342 Division Avenue S, Grand Rapids, MI 49548

    $450,000
    5,408 sqft · 0.17 AC lot

    Two fully leased retail units generate immediate income with built-in annual rent increases.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Drive-Through Commercial Building
    Drive-Through Commercial Building

    3345 Remembrance Road NW, Grand Rapids, MI 49534

    $220,000
    416 sqft · 0.24 AC lot

    Compact commercial building with drive-through potential on a high-traffic, high-visibility corridor with parking and signage space.

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    Versatile Commercial Building in Grand Rapids
    Versatile Commercial Building in Grand Rapids

    953 Fulton Street E, Grand Rapids, MI 49503

    $1,050,000
    4,614 sqft · 0.05 AC lot

    Renovated commercial building with retail and apartment income potential.

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    Multi-Tenant Retail Building with C-4 Zoning
    Multi-Tenant Retail Building with C-4 Zoning

    2611 Alpine Avenue NW, Grand Rapids, MI 49544

    $1,250,000
    5,884 sqft · 0.59 AC lot

    High-visibility multi-tenant retail building with 100 feet of direct road frontage on Alpine Ave.

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    Freestanding Pharmacy Retail Building
    Freestanding Pharmacy Retail Building

    4252 Kalamazoo Avenue Southeast, Grand Rapids, MI 49508

    $550,000
    3,707 sqft · 0.33 AC lot

    Former pharmacy building with on-site parking, pylon signage, and storage basement in a high-traffic retail corridor.

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    Retail Property with Strong Corridor Exposure
    Retail Property with Strong Corridor Exposure

    857 4 Mile Road Northwest, Grand Rapids, MI 49544

    $775,000
    2,488 sqft · 0.85 AC lot

    Retail building on a busy corridor with strong access and signage, offering flexibility for qualified uses.

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    Prime Retail Space For Sale
    Prime Retail Space For Sale

    425 Stocking Ave NW, Grand Rapids, MI 49504

    $1,595,000
    10,000 sqft · 0.50 AC lot

    Retail building in strategic location, ideal for redevelopment.

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    For-Sale Retail Storefront
    For-Sale Retail Storefront

    1973 S. Division Ave, Grand Rapids, MI 49507

    $925,000

    For-sale storefront retail property at 1973 S. Division Ave, suitable for operators seeking a dedicated neighborhood-facing location.

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    Corner Office-Retail Building
    Corner Office-Retail Building

    758 Burton Street SE, Grand Rapids, MI 49507

    $414,700

    Dual-parcel corner property with 10 private offices, multiple restrooms, and leased parking options for flexible use.

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    Turnkey Smoke Shop Retail Space
    Turnkey Smoke Shop Retail Space

    1321 Fulton Street E, Grand Rapids, MI 49503

    $349,900
    1,122 sqft

    Turnkey storefront with prominent street frontage and included beer and wine license on a triple-net lease.

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    Multi-Unit Retail and Office Building
    Multi-Unit Retail and Office Building

    3933 Plainfield Ave NE, Grand Rapids, MI 49525

    $499,000
    4,340 sqft

    Multi-unit building with strong Plainfield Avenue frontage and ample on-site parking for flexible retail or office use.

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    Fully Leased Two-Unit Retail Building
    Fully Leased Two-Unit Retail Building

    4342 Division Avenue S, Grand Rapids, MI 49548

    $450,000
    5,408 sqft

    Two fully leased retail units with built-in 3% annual increases and tenant-paid utilities under modified gross terms.

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    Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 15 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, 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.

    Turn-Key Retail Lounge with Parking
    Turn-Key Retail Lounge with Parking

    1136 W Randall Street, Coopersville, MI 49404

    $300,000
    1,100 sqft · 4.30 AC lot

    Turn-key retail lounge with modern storefront frontage, dedicated rear exit access, and shared parking within Skylar Plaza.

    View details
    Freestanding Bank Branch with Drive-Thru
    Freestanding Bank Branch with Drive-Thru

    5135 Kalamazoo Ave SE, Kentwood, MI 49508

    $625,000
    3,210 sqft · 0.75 AC lot

    Freestanding former bank branch with a drive-thru, offering space for office, medical, or service uses on a prominent corridor.

    View details
    Retail Building with Apartment
    Retail Building with Apartment

    4354 Division Avenue S, Kentwood, MI 49548

    $329,000
    2,920 sqft · 0.06 AC lot

    Street-level retail with an apartment above, positioned on a busy corner with ample front and rear parking.

    View details
    Turn-Key Retail Lounge Opportunity
    Turn-Key Retail Lounge Opportunity

    1136 W Randall Street G, Coopersville, MI 49404

    $300,000
    1,100 sqft

    Fully operational lounge with retail display space, storefront glass, and dedicated rear exit in a busy plaza setting.

    View details

    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.

    Parking Lot and Events Site
    Parking Lot and Events Site

    407 Turner Avenue NW, Grand Rapids, MI 49504

    $1,475,000
    7,316 sqft · 0.32 AC lot

    City Center zoned parking property positioned for event and hospitality adjacent demand, with shuttle access to downtown venues.

    View details
    Half Acre Commercial Development Site
    Half Acre Commercial Development Site

    750 84th Street SW, Byron Center, MI 49315

    $399,000
    0.50 AC lot

    Commercial development site in high-traffic area near Tanger Outlets.

    View details
    Retail Outlot Adjacent to Tanger
    Retail Outlot Adjacent to Tanger

    670 84th Street SW, Byron Center, MI 49315

    $995,000
    3.71 AC lot

    3.71 acre retail/restaurant outlot near US-131 and Tanger Outlets.

    View details
    Zeeland Commercial Land For Sale
    Zeeland Commercial Land For Sale

    9427 Pentatech Drive, Zeeland, MI 49464

    $325,000
    2.82 AC lot

    Commercial land in Zeeland, MI, ideal for office or service.

    View details

    Off-Market Properties in Grand Rapids, MI

    Consider similar Off-Market properties in Grand Rapids, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1025 4th Mile NW Rd
    STORE, RETAIL OUTLET

    1025 4th Mile NW Rd, Grand Rapids, MI 49544-1504

    $1,890,000
    Estimated value
    36,009 sqft · 3.77 AC lot
    View details
    5250 Northland Dr
    Individual retail properties

    5250 Northland Dr, Grand Rapids, MI 49525

    Value Estimation by Request
    1,125 sqft
    View details
    1135 Grand Rpd
    Individual retail properties

    1135 Grand Rpd, Grand Rapids, MI 49503

    Value Estimation by Request
    4,855 sqft
    View details
    440 Chavez Ave
    Individual retail properties

    440 Chavez Ave, Grand Rapids, MI 49503

    Value Estimation by Request
    12,425 sqft · 0.74 AC lot
    View details
    2284 Beltline Ave
    Individual retail properties

    2284 Beltline Ave, Grand Rapids, MI 49525

    Value Estimation by Request
    6.54 AC lot
    View details
    2840 Beltline Ave
    Individual retail properties

    2840 Beltline Ave, Grand Rapids, MI 49525

    Value Estimation by Request
    2,891 sqft
    View details
    5163 Northland Dr
    Individual retail properties

    5163 Northland Dr, Grand Rapids, MI 49525

    Value Estimation by Request
    3,600 sqft
    View details
    6522 Division S Ave
    STORE, RETAIL OUTLET

    6522 Division S Ave, Grand Rapids, MI 49548-7882

    $1,330,000
    Estimated value
    20,028 sqft · 1.70 AC lot
    View details
    7144 Division S Ave
    STORE, RETAIL OUTLET

    7144 Division S Ave, Grand Rapids, MI 49548-7943

    $2,145,000
    Estimated value
    18,240 sqft · 8.73 AC lot
    View details

    Grand Rapids, MI Storefront Properties Market Trends and Statistics

    Explore 24 storefront properties for sale in Grand Rapids, MI, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 69,195 square feet of properties for sale, with an estimated market value of $12,738,800.

    Sale prices for retail units in Grand Rapids, MI start at $220,000, averaging $1,061,566, and reaching up to $4,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 27
    Shopping centers 14
    Banks 9
    Automotive properties 8
    Auto shops 7

    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
    49534 $220K
    49548 $450K
    49525 $499K
    49503 $583.3K
    49507 $669.9K

    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

    Property Size Breakdown

    The majority of commercial real estate listings in Grand Rapids fall within the 2,500 to 5,000 square foot range.

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    Most Searched ZIP Codes in Grand Rapids, MI

    • 49503
    • 49544
    • 49507
    • 49548
    • 49504
    • 49525
    • 49534

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