Grand Rapids, MI Commercial Real Estate for Lease - 98 Listings

Chase Bank Building

200 Ottawa Avenue NW, Belknap Lookout, Grand Rapids, MI
Property

Office

178,700 SF
Availability

2 Spaces

6,019 SF
Year Built

1967
For Lease Contact for pricing
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Bridge Pointe Office Park - 3949 Sparks Drive SE

3949 Sparks Drive SE, Ridgemoor, Grand Rapids, MI
Property

Office

31,486 SF
Availability

3 Spaces

6,800 SF
Year Built

1976
For Lease

$16.95 - $18.95/SF/YR
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Doug Meijer Medical Innovation Building

109 Michigan Street NW, Belknap Lookout, Grand Rapids, MI
Property

Office

205,659 SF
Availability

5 Spaces

44,732 SF
Year Built

2022
For Lease

$27.00/SF/YR
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131 Division Ave S

131 Division Ave S, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

8,640 SF
Availability

1 Space

1,920 SF
Year Built

1900
For Lease

$12.00/SF/YR
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Arena Place

45 Ottawa Avenue SW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

111,423 SF
Availability

2 Spaces

15,057 SF
Year Built

2016
For Lease

$24.50 - $26.50/SF/YR
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YWCA

25 Sheldon Ave SE, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

10,553 SF
Availability

4 Spaces

23,527 SF
For Lease

$14.00/SF/YR
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1120 36th Street SE - 2nd Floor Space

1120 36th Street SE, Millbrook, Grand Rapids, MI
Property

Industrial

1,425,595 SF
Availability

4 Spaces

200,000 SF
For Lease

$7.00/SF/YR
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Freyling Mendels

1059 Wealthy St. SE, East Hills, Grand Rapids, MI
Property

Retail

26,000 SF
Availability

2 Spaces

3,932 SF
Year Built

2016
For Lease

$16.50/SF/YR
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55 Campau

55 Campau Avenue Northwest, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

110,000 SF
Availability

8 Spaces

117,278 SF
Year Built

1990
For Lease

$25.00/SF/YR
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Calder Plaza Building

250 Monroe Avenue NW, Belknap Lookout, Grand Rapids, MI
Property

Office

171,000 SF
Availability

4 Spaces

54,016 SF
Year Built

1982
For Lease

$26.50/SF/YR
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1170 Plymouth Ave NE

1170 Plymouth Ave NE, Northeast Grand Rapids, Grand Rapids, MI
Property

Office

11,482 SF
Availability

3 Spaces

8,043 SF
Year Built

2022
For Lease

$16.00/SF/YR
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Women's Health Center

555 Midtowne Street NE, Midtown Grand Rapids, Grand Rapids, MI
Property

Office

106,806 SF
Availability

6 Spaces

17,673 SF
Year Built

2008
For Lease Contact for pricing
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Blodgett Building

15 Ionia Avenue SW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

57,825 SF
Availability

12 Spaces

26,724 SF
Year Built

1997
For Lease

$16.95/SF/YR
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1444 Michigan St NE

1444 Michigan St NE, Fulton Heights, Grand Rapids, MI
Property

Office

16,520 SF
Availability

1 Space

880 SF
Year Built

1968
For Lease

$21.95/SF/YR
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549 Ottawa Avenue NW

549 Ottawa Avenue NW, Belknap Lookout, Grand Rapids, MI
Property

Office

42,570 SF
Availability

3 Spaces

18,172 SF
Year Built

1925
For Lease

$17.00/SF/YR
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2000 43rd Street

2000 43rd St SE, Millbrook, Grand Rapids, MI
Property

Office

16,525 SF
Availability

1 Space

2,701 SF
Year Built

1988
For Lease

$15.95/SF/YR
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Grand Rapids Collaborative

38 Fulton Street West, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

37,590 SF
Availability

8 Spaces

12,436 SF
Year Built

1994
For Lease

$18.60 - $26.23/SF/YR
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85 Campau Ave NW

85 Campau Ave NW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

33,060 SF
Availability

2 Spaces

7,350 SF
Year Built

1902
For Lease

$22.95/SF/YR
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2774 Birchcrest Dr SE

2774 Birchcrest Dr SE, Alger Heights, Grand Rapids, MI
Property

Office

3,735 SF
Availability

1 Space

3,735 SF
Year Built

1985
For Lease

$12.00/SF/YR
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161 Ottawa Ave NW

161 Ottawa Ave NW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

281,488 SF
Availability

1 Space

4,773 SF
Year Built

1898
For Lease

$18.50/SF/YR
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Peregrine Pointe

3152 Peregrine Dr NE, Northeast Grand Rapids, Grand Rapids, MI
Property

Office

12,000 SF
Availability

2 Spaces

13,748 SF
For Lease

$21.00 - $25.00/SF/YR
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401 Hall St SW, Grand Rapids MI 49504

401 HALL ST SW, Roosevelt Park, Grand Rapids, MI
Property

Office

165,000 SF
Availability

10 Spaces

21,483 SF
Year Built

1930
For Lease

$12.00 - $24.32/SF/YR
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Blue35

35 Oakes Street SW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

56,100 SF
Availability

3 Spaces

25,150 SF
Year Built

2014
For Lease

$18.50 - $22.00/SF/YR
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Aldrich Place

80 Ottawa Avenue NW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

45,000 SF
Availability

6 Spaces

4,730 SF
Year Built

1874
For Lease Contact for pricing
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300 Ottawa Avenue NW

300 Ottawa Avenue NW, Belknap Lookout, Grand Rapids, MI
Property

Office

131,000 SF
Availability

10 Spaces

52,583 SF
Year Built

1967
For Lease Contact for pricing
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MI, Grand Rapids - Ann St
HQ
280 Ann Street Northwest, Grand Rapids, MI
Services

Virtual Office

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Grand Rapids commercial real estate market incorporates 5,090,241 square feet of office space across 84 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Grand Rapids, the coworking segment of the commercial real estate market incorporates about 940 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Grand Rapids commercial real estate market includes 1,520,722 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Grand Rapids market, there is a total of 1,885,485 square feet of industrial property.

The listing inventory in Grand Rapids incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Grand Rapids is represented by Office space, which accounts for 1,165,429 square feet of available listings. Retail space available in Grand Rapids adds up to 402,861 square feet.

Meanwhile, most of the listings of commercial property for sale in Grand Rapids are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Grand Rapids is $18.76 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Grand Rapids can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Grand Rapids, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Grand Rapids is in the Downtown Grand Rapids neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Grand Rapids area.

Meanwhile, retail space opportunities are most abundant in the Downtown Grand Rapids submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Millbrook.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $24.32 per square foot. In particular, the property type commanding the highest lease rates in Grand Rapids was Office space.

Conversely, the highest sale price last year was $6,375,000 that is located at 116 Ottawa Avenue NW.

The average size of a commercial property in Grand Rapids depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Grand Rapids, the average size of an office property is 65,260 square feet.
Retail properties here incorporate an average of 46,083 square feet.
Industrial space in Grand Rapids is in buildings that are, on average 209,499 square feet in size.

Grand Rapids, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Grand Rapids currently add up to 1,773,914 square feet. The market offers 66 active office listing(s), which amount to 1,165,429 square feet and account for 70% of commercial spaces on the market. Local retail availability includes 402,861 square feet across 25 retail space(s). Industrial space for rent opportunities in Grand Rapids amount to 205,624 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	66	1,165,429
Retail	25	402,861
Industrial	2	205,624

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Grand Rapids, MI. Currently, there is 956,254 square feet of commercial property for sale here , which includes 16 office building(s) for sale , 12 retail investment opportunity listing(s) , and 8 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	16	477,993
Retail	12	100,315
Industrial	8	338,389
Other	5	39,557

Grand Rapids, MI Commercial Real Estate for Lease - 98 Listings

Chase Bank Building

Bridge Pointe Office Park - 3949 Sparks Drive SE

Doug Meijer Medical Innovation Building

131 Division Ave S

Arena Place

YWCA

1120 36th Street SE - 2nd Floor Space

Freyling Mendels

55 Campau

Calder Plaza Building

1170 Plymouth Ave NE

Women's Health Center

Blodgett Building

1444 Michigan St NE

549 Ottawa Avenue NW

2000 43rd Street

Grand Rapids Collaborative

85 Campau Ave NW

2774 Birchcrest Dr SE

161 Ottawa Ave NW

Peregrine Pointe

401 Hall St SW, Grand Rapids MI 49504

Blue35

Aldrich Place

300 Ottawa Avenue NW

MI, Grand Rapids - Ann St

Frequently Asked Questions

Grand Rapids, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Grand Rapids, MI Commercial Real Estate for Lease - 98 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Grand Rapids, MI?

What factors affect the price of commercial real estate in Grand Rapids, MI?

What is the average rent for commercial space in Grand Rapids, MI?

What are the best areas for commercial real estate in Grand Rapids, MI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Grand Rapids, MI?

Grand Rapids, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us