Cornerstone Building - Office Space Availability

For Lease$15.95 - $18/Sqft/Year

89 Ionia Avenue NW, Grand Rapids, MI 49503

  • Office
  • General Office
  • 9,938 Sqft

Cornerstone Building, Grand Rapids, MI 49503 - Office Space for rent

Cornerstone Building is located at 89 Ionia Avenue NW in the Downtown Grand Rapids neighborhood, MI, Grand Rapids, 49503. The Class B Office building was completed in 1916 and features a total of 37,590 Sqft. There are 2 Office spaces available for lease at 89 Ionia Avenue NW, Grand Rapids, MI, 49503, totaling 9,938 Sqft. The largest space available has 5,502 Sqft and a rental rate of $18/Sqft/Year.

There are 109 office spaces for lease in the Downtown Grand Rapids neighborhood, totaling 341,880 Sqft of available office space. The office space availability for the 49503 zip code is 559,411 Sqft, in 155 office spaces. The average asking office rent per sq. ft. in Downtown Grand Rapids is $21.56/sqft/year. For Class A office buildings the average office rate is $23.73/sqft/year, for Class B office buildings the average office rate is $20.48/sqft/year.

In Downtown Grand Rapids, there are 25 class B office buildings. In 1916, the same year Cornerstone Building was built, 8 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Grand Rapids, featuring 75,000 square feet of commercial space. At zip code level, there are 47 commercial properties, of which 47 are office buildings over 50,000 square feet.

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Details

  • Price $15.95 - $18/Sqft/Year
  • City Grand Rapids
  • Neighborhood Downtown Grand Rapids
  • Zip Code 49503
  • Market Grand Rapids
  • Property Type Office - General Office
  • Property Size 37,590 Sqft
  • Lot Size 0.14 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1916
  • Date Updated 25 Sep, 2019

Availability

Suite Name Space Type Lease Rate Space Available
Suite 100 General Office $15.95/Sqft/Year 4,436 Sqft
  • Suite Suite 100
  • Space Type General Office
  • Total Space Available 4,436 Sqft
  • Floor From 1 To 1
  • Divisible Space No
  • Min Divisible 4,436 Sqft
  • Max Contiguous 4,436 Sqft
  • Lease Rate $15.95/Sqft/Year
  • Possession Type Immediate
  • Lease Type Modified Gross
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Jeffrey W. Karger Is this you?

Jones Lang LaSalle

(616) 649-3532

Suite 300 General Office $18/Sqft/Year 5,502 Sqft
  • Suite Suite 300
  • Space Type General Office
  • Total Space Available 5,502 Sqft
  • Floor From 3 To 3
  • Divisible Space No
  • Min Divisible 5,502 Sqft
  • Max Contiguous 5,502 Sqft
  • Lease Rate $18/Sqft/Year
  • Possession Type Arranged
  • Lease Type Modified Gross
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Jeffrey W. Karger Is this you?

Jones Lang LaSalle

(616) 649-3532

Downtown Grand Rapids Demographics

The average household income in zip code 49503 is $66,046, from a total of 15,593 households. In terms of employment, there are 79.13 % white-collar and 20.87 % blue-collar jobs in zip code 49503.

Population

  • Total Population37,255
  • Male Population(50.9 %) 18,949
  • Female Population(49.1 %) 18,306
  • Median Age29.60

Income/Financial

  • Average Household Income$66,046
  • Median Household Income$45,660
  • Median Income Under 25$23,362
  • Median Income 25-44$52,919
  • Median Income 45-64$42,694
  • Median Income Over 65$35,709

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Jeffrey W. Karger Is this you?

Jones Lang LaSalle

(616) 649-3532

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