Grand Rapids Township, MI Commercial Real Estate for Lease - 12 Listings

1600 E Beltline Ave. NE

1600 East Beltline Ave. NE, Grand Rapids, MI
Property

Retail

3,400 SF
Availability

1 Space

2,035 SF
Year Built

2008
For Lease

$22.00/SF/YR
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Eaglecrest Office Park - 3260 Eagle Park Drive NE

3260 Eagle Park Drive NE, Grand Rapids, MI
Property

Office

25,348 SF
Availability

10 Spaces

17,278 SF
Year Built

1989
For Lease

$17.50 - $18.50/SF/YR
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Alten Oaks Office Park

4760 Fulton Street East, Grand Rapids, Ada, MI
Property

Office

67,789 SF
Availability

2 Spaces

8,260 SF
Year Built

1998
For Lease

$16.25/SF/YR
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Dental Office Space - Prime Medical Location

1179 E Paris Ave SE, Grand Rapids, MI
Property

Office
Availability

1 Space

4,473 SF
Year Built

2005
For Lease Contact for pricing
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625 Kenmoor Avenue Southeast
Choice Business Center
625 Kenmoor Avenue Southeast #301, Grand Rapids, MI
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Bike storage

Catering

Complimentary coffee & tea

Free water

High-speed wifi

Parking

Pet friendly

Printer

Privacy booths

Projector
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3225 North Evergreen Drive NE

3225 North Evergreen Drive NE, Grand Rapids, MI
Property

Office

31,385 SF
Availability

2 Spaces

5,264 SF
Year Built

2003
For Lease

$18.50/SF/YR
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847 Parchment Dr SE

847 Parchment Dr SE, Grand Rapids, MI
Property

Office

15,256 SF
Availability

2 Spaces

1,947 SF
Year Built

1979
For Lease

$18.75/SF/YR
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1000 EAST PARIS AVE SE

1000 EAST PARIS AVE SE, Grand Rapids, MI
Property

Office

110,000 SF
Availability

5 Spaces

9,647 SF
Year Built

1985
For Lease

$14.50/SF/YR
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3205 Eaglecrest Dr NE

3205 Eaglecrest Dr NE, Grand Rapids, MI
Property

Office
Availability

1 Space

4,738 SF
For Lease Contact for pricing
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1787 Grand Ridge Ct NE

1787 GRAND RIDGE CT NE, Grand Rapids, MI
Property

Office

18,920 SF
Availability

1 Space

7,247 SF
For Lease

$21.00/SF/YR
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Investment Opportunity - 3200 Eagle Park Dr NE

3200 Eagle Park Dr NE, Grand Rapids, MI
Property

Office
Availability

1 Space

14,904 SF
Year Built

1995
For Lease Contact for pricing
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1179 East Paris Ave SE

1179 E Paris Ave SE, Grand Rapids, MI
Property

Office

5,429 SF
Availability

1 Space

5,429 SF
Year Built

2004
For Lease

$17.29/SF/YR
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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 306,063 square feet of office space across 12 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 120 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 3,400 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.

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 79,187 square feet of available listings. Retail space available in Grand Rapids adds up to 2,035 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 $17.61 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.

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 $18.75 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 38,258 square feet.
Retail properties here incorporate an average of 3,400 square feet.

Grand Rapids Township, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Grand Rapids currently add up to 81,222 square feet. The market offers 10 active office listing(s), which amount to 79,187 square feet and account for 90% of commercial spaces on the market. Local retail availability includes 2,035 square feet across 1 retail space(s).

Property Type	Count of Listings	Total SF
Office	10	79,187
Retail	1	2,035

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 Township, MI. Currently, there is 61,270 square feet of commercial property for sale here , which includes 2 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	2	61,270

Grand Rapids Township, MI Commercial Real Estate for Lease - 12 Listings

1600 E Beltline Ave. NE

Eaglecrest Office Park - 3260 Eagle Park Drive NE

Alten Oaks Office Park

Dental Office Space - Prime Medical Location

625 Kenmoor Avenue Southeast

3225 North Evergreen Drive NE

847 Parchment Dr SE

1000 EAST PARIS AVE SE

3205 Eaglecrest Dr NE

1787 Grand Ridge Ct NE

Investment Opportunity - 3200 Eagle Park Dr NE

1179 East Paris Ave SE

Frequently Asked Questions

Grand Rapids Township, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Grand Rapids Township, MI Commercial Real Estate for Lease - 12 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 Township, 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