Grand Rapids, MI Commercial Real Estate for Lease and Sale

Explore 156 listings of Grand Rapids commercial real estate to find the best space for your business.

430 Monroe Ave.

430 Monroe Ave., Belknap Lookout, Grand Rapids, MI
Property

Retail

2,736 SF
Availability

3 Spaces

5,472 SF
Year Built

2022
For Lease

$26.71/SF/YR
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The Boardwalk

1000 Monroe Avenue NW, Belknap Lookout, Grand Rapids, MI
Property

Office

123,408 SF
Availability

5 Spaces

60,810 SF
Year Built

2001
For Lease Contact for pricing
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38 Commerce Ave SW

38 COMMERCE AVE SW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

145,000 SF
Availability

1 Space

3,257 SF
Year Built

2009
For Lease

$17.95/SF/YR
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3152 Peregrine Dr NE

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

Office

24,052 SF
Availability

1 Space

3,381 SF
Year Built

2003
For Lease

$13.50/SF/YR
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Office Coworking Retail Industrial

Office Retail Industrial Land
443 Bridge Street

443 Bridge Street Northwest, West Grand, Grand Rapids, MI
Property

Retail

23,000 SF
Availability

1 Space

4,000 SF
For Lease

$28.00/SF/YR
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Freyling Mendels

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

Retail

26,000 SF
Availability

1 Space

1,192 SF
Year Built

2016
For Lease

$16.50/SF/YR
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CWD Building

50 Louis Street NW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

75,000 SF
Availability

3 Spaces

5,955 SF
Year Built

1916
For Lease

$33.15 - $34.29/SF/YR
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1105 Benjamin Avenue S

1105 Benjamin Avenue S, Fuller Avenue, Hutchinson, MN
Property

Industrial

62,000 SF
Year Built

2021
For Sale

$4,750,000
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169 Monroe Avenue NW

169 Monroe Avenue NW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

36,149 SF
Availability

2 Spaces

6,325 SF
Year Built

1990
For Lease Contact for pricing
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3501 Lake Eastbrook Blvd SE

3501 Lake Eastbrook Blvd SE, Ridgemoor, Grand Rapids, MI
Property

Office

39,571 SF
Availability

1 Space

2,649 SF
Year Built

1972
For Lease

$20.68/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

3 Spaces

17,483 SF
Year Built

1902
For Lease

$22.95 - $23.95/SF/YR
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190 Monroe Avenue Northwest

190 Monroe Avenue Northwest, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

1,850 SF
Availability

1 Space

1,850 SF
For Lease

$19.50/SF/YR
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623 Eastern Ave. E

623 Eastern Ave. E, Madison, Grand Rapids, MI
Property

Retail

2,193 SF
Availability

1 Space

2,193 SF
For Lease

$15.00/SF/YR
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3233 Eastern Ave SE

3233 Eastern Avenue Southeast, Garfield Park, Wyoming, MI
Property

Industrial

6,500 SF
Availability

1 Space

6,500 SF
Year Built

1975
For Lease

$8.00/SF/YR
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MI, Grand Rapids - Peninsular Dr
Regus
3940 Peninsular Drive Southeast 2nd Floor, Grand Rapids, MI
Services

Virtual Office

Open Workspace

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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1553 Alpine Ave NW

1553 Alpine Ave NW, West Grand, Grand Rapids, MI
Property

Office

2,088 SF
Year Built

1970
For Sale

$679,000
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2000 43rd Street

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

Office

16,525 SF
Availability

2 Spaces

5,950 SF
Year Built

1988
For Lease

$15.95 - $20.00/SF/YR
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Downtown Grand Rapids
Regus
250 Monroe Avenue NW Suite 400, Grand Rapids, MI
Services

Virtual Office

Open Workspace

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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PNC Bank Building

171 Monroe Avenue NW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

166,244 SF
Availability

2 Spaces

10,231 SF
Year Built

1984
For Lease Contact for pricing
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FREESTANDING RETAIL BUILDING FOR LEASE - GRAND RAPIDS, MI

3040 Eastern Ave SE, Millbrook, Grand Rapids, MI
Property

Retail

8,200 SF
Availability

1 Space

8,200 SF
Year Built

1999
For Lease

$7.75/SF/YR
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61 Sheldon Boulevard Southeast

61 Sheldon Boulevard Southeast, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

6,962 SF
Year Built

1881
For Sale

$905,000
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Arena Place

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

Office

111,423 SF
Availability

1 Space

7,547 SF
Year Built

2016
For Lease

$26.50/SF/YR
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900 Leonard St. NW

900 Leonard St. NW, West Grand, Grand Rapids, MI
Property

Retail

50,000 SF
Availability

1 Space

1,540 SF
Year Built

2023
For Lease

$19.00/SF/YR
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Calder Plaza Building

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

Office

171,000 SF
Availability

5 Spaces

59,014 SF
Year Built

1982
For Lease

$26.50/SF/YR
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64/70 Ionia Avenue SW

64/70 Ionia Avenue SW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

61,839 SF
Year Built

1916
For Sale

$9,143,939
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343 Indiana Ave NW

343 Indiana Ave NW, West Grand, Grand Rapids, MI
Property

Industrial
Year Built

1870
For Sale

$397,000
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487 28th St SE

487 28th St SE, Garfield Park, Grand Rapids, MI
Property

Retail

1,632 SF
Year Built

1965
For Sale

$895,000
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61 Commerce Avenue SW

61 Commerce Avenue SW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

28,245 SF
Availability

4 Spaces

20,000 SF
Year Built

1890
For Lease

$17.95 - $18.00/SF/YR
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96 Monroe Center St NW

96 Monroe Center St NW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

13,720 SF
Year Built

1875
For Sale

$1,595,000
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40 Monroe Center St. NW

40 Monroe Center St. NW, Downtown Grand Rapids, Grand Rapids, MI
Property

Retail

6,980 SF
Availability

3 Spaces

8,390 SF
For Lease

$25.00/SF/YR
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146 Monroe Center St NW, Grand Rapids, MI

146 Monroe Center St NW, Downtown Grand Rapids, Grand Rapids, MI
Property

Retail

154,272 SF
Availability

4 Spaces

8,129 SF
Year Built

1914
For Lease

$19.95 - $26.00/SF/YR
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3233 Eastern Ave SE

3233 Eastern Avenue Southeast, Garfield Park, Wyoming, MI
Property

Industrial

6,500 SF
Year Built

1975
For Sale

$845,000
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Peregrine Pointe

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

Office

22,000 SF
Availability

2 Spaces

13,748 SF
For Lease

$21.00 - $25.00/SF/YR
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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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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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The Campau Square Building

180 Monroe Avenue NW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

27,475 SF
Availability

1 Space

2,324 SF
Year Built

1853
For Lease Contact for pricing
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120 Ionia Ave SW

120 Ionia Ave SW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

40,000 SF
Availability

2 Spaces

9,826 SF
Year Built

1920
For Lease

$18.00/SF/YR
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255 Washington St SE

255 Washington St SE, Heritage Hill, Grand Rapids, MI
Property

Office

6,014 SF
Availability

1 Space

1,364 SF
Year Built

1961
For Lease

$16.00/SF/YR
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Bridgewater Place

333 Bridge Street NW, West Grand, Grand Rapids, MI
Property

Office

350,000 SF
Availability

13 Spaces

113,578 SF
Year Built

1993
For Lease Contact for pricing
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60 Monroe Center Street NW

60 Monroe Center Street NW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

32,833 SF
Availability

5 Spaces

16,847 SF
Year Built

1915
For Lease Contact for pricing
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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

$19.75/SF/YR
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4236 Kalamazoo Ave SE

4236 Kalamazoo Ave SE, Millbrook, Grand Rapids, MI
Property

Retail
Year Built

1960
For Sale

$650,000
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37 Ottawa Building

37 Commerce Avenue NW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

94,500 SF
Availability

6 Spaces

36,741 SF
Year Built

1887
For Lease Contact for pricing
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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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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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Fifth Third Center - 111 Lyon Street

111 Lyon Street NW, Belknap Lookout, Grand Rapids, MI
Property

Office

190,804 SF
Availability

9 Spaces

125,749 SF
Year Built

1966
For Lease

$27.00/SF/YR
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3835 28TH ST SE

3835 28TH ST SE, Ridgemoor, Grand Rapids, MI
Property

Office

22,061 SF
Availability

2 Spaces

2,621 SF
Year Built

1956
For Lease

$9.50/SF/YR
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1120 36th Street SE - 1st 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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62 Commerce Ave SW

62 Commerce Ave SW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

13,400 SF
Availability

1 Space

6,900 SF
Year Built

1921
For Lease

$15.50/SF/YR
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FULL GROSS Office Lease on East Beltline

1500-1550 E Beltline Ave SE, Ridgemoor, Grand Rapids, MI
Property

Office

46,788 SF
Availability

6 Spaces

7,876 SF
For Lease

$16.95 - $19.50/SF/YR
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Taco Borracho

755 Michigan Street Northeast, Midtown Grand Rapids, Grand Rapids, MI
Property

Retail

2,885 SF
Year Built

2013
For Sale

$1,650,000
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3427 Salenro Dr NE, Grand Rapids, MI 49525

3427 Salerno Drive Northeast, Creston, Grand Rapids, MI
Property

Office

3,410 SF
Availability

1 Space

640 SF
For Lease

$28.00/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 5,600,203 square feet of office space across 91 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 1,576,641 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 1,920,687 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 1,504,169 square feet of available listings. Retail space available in Grand Rapids adds up to 413,874 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 $20.01 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. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $22.56 per square foot, industrial space in Grand Rapids saw average rents of $7.26 per square foot.

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 $27 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 63,639 square feet.
Retail properties here incorporate an average of 42,612 square feet.
Industrial space in Grand Rapids is in buildings that are, on average 147,746 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 2,145,708 square feet. The market offers 76 active office listing(s), which amount to 1,495,306 square feet and account for 68% of commercial spaces on the market. Local retail availability includes 408,030 square feet across 29 retail space(s). Industrial space for rent opportunities in Grand Rapids amount to 242,372 square feet across a total of 6 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	76	1,495,306
Retail	29	408,030
Industrial	6	242,372

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 762,290 square feet of commercial property for sale here , which includes 14 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	14	335,456
Retail	12	90,018
Industrial	8	331,800
Other	1	5,016

Grand Rapids, MI Commercial Real Estate for Lease and Sale

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

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