Grand Rapids, MI Commercial Real Estate for Lease and Sale

Explore 169 listings of Grand Rapids commercial real estate to find the best space for your business.

2440 28th Street SE

2440 28th Street SE, Ridgemoor, Grand Rapids, MI
Property

Retail

6,586 SF
Availability

1 Space

1,278 SF
For Lease

$15.95/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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3835 28TH ST SE

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

Office

22,061 SF
Availability

1 Space

1,500 SF
Year Built

1956
For Lease

$9.50/SF/YR
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Commerce Building

1001 Division Ave S, Southeast Grand Rapids, Grand Rapids, MI
Property

Office

9,696 SF
Year Built

1930
For Sale

$1,000,000
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Office Coworking Retail Industrial

Office Retail Industrial Land
99 Monroe Building

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

Office

173,657 SF
Availability

4 Spaces

20,373 SF
Year Built

1983
For Lease

$24.95/SF/YR
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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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320 Commerce Ave SW, Grand Rapids, MI 49503

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

Office

14,508 SF
Availability

1 Space

12,412 SF
For Lease

$11.95/SF/YR
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430 Monroe

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

Office

126,279 SF
Availability

6 Spaces

61,359 SF
Year Built

2022
For Lease

$27.00/SF/YR
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Coopers Landing

1345 Monroe Ave NW, Creston, Grand Rapids, MI
Property

Office

105,854 SF
Availability

1 Space

1,225 SF
Year Built

1900
For Lease

$15.28/SF/YR
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2807 Lake Michigan Dr NW

2807 Lake Michigan Dr NW, Westside Grand Rapids, Grand Rapids, MI
Property

Retail

39,504 SF
Availability

3 Spaces

13,000 SF
For Lease

$15.00/SF/YR
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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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330 Ionia Ave NW

330 IONIA AVE NW, Belknap Lookout, Grand Rapids, MI
Property

Office

86,250 SF
Availability

1 Space

965 SF
For Lease

$22.00/SF/YR
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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

2 Spaces

4,337 SF
Year Built

1976
For Lease

$18.95/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

1917
For Lease

$18.50 - $22.00/SF/YR
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1251 Plainfield Ave NE

1251 Plainfield Avenue Northeast, Creston, Grand Rapids, MI
Property

Industrial

13,093 SF
Year Built

1925
For Sale

$895,000
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The Trust Building

40 Pearl Street NW, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

130,000 SF
Availability

22 Spaces

55,540 SF
Year Built

1981
For Lease

$21.95 - $30.59/SF/YR
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614 First St NW

614 First St NW, West Grand, Grand Rapids, MI
Property

Retail

20,594 SF
Availability

8 Spaces

83,372 SF
Year Built

2018
For Lease

$20.00 - $22.00/SF/YR
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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

12 Spaces

166,165 SF
Year Built

1966
For Lease

$27.00/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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61 Sheldon Boulevard Southeast

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

Office

6,962 SF
Availability

1 Space

6,962 SF
Year Built

1881
For Lease

$19.00/SF/YR
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1415 Lake Dr SE

1415 Lake Dr SE, Eastown, Grand Rapids, MI
Property

Office

98,332 SF
Availability

1 Space

487 SF
Year Built

1926
For Lease

$21.00/SF/YR
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55 Campau

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

Office

110,000 SF
Availability

7 Spaces

95,325 SF
Year Built

1990
For Lease

$25.00/SF/YR
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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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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 Contact for pricing
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Clear Water Place

1430 Monroe Ave NW, Creston, Grand Rapids, MI
Property

Office

50,000 SF
Availability

2 Spaces

17,700 SF
Year Built

1912
For Lease

$20.00/SF/YR
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The Peck Building

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

Retail

6,980 SF
Availability

3 Spaces

7,109 SF
For Lease

$16.40 - $19.00/SF/YR
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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

4 Spaces

10,522 SF
Year Built

1915
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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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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2000 43rd Street

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

Office

16,525 SF
Year Built

1988
For Sale

$2,600,000
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Aldrich Place

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

Office

45,000 SF
Availability

7 Spaces

4,955 SF
Year Built

1874
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

2 Spaces

1,730 SF
Year Built

1968
For Lease

$19.75/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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336 Hall Street Southeast

336 Hall Street Southeast, Southeast Grand Rapids, Grand Rapids, MI
Property

Office

4,320 SF
Year Built

1920
For Sale

$548,000
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62 Commerce Ave SW

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

Office

13,400 SF
Availability

2 Spaces

10,185 SF
Year Built

1921
For Lease

$15.50 - $17.95/SF/YR
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2146 Division Ave S

2146 Division Avenue South, Garfield Park, Grand Rapids, MI
Property

Office

8,476 SF
Availability

2 Spaces

670 SF
Year Built

1937
For Lease Contact for pricing
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Cookies - Cannabis Retail & Manufacturing Processing Facility

330 Ann St W, West Grand, Grand Rapids, MI
Property

Retail

22,509 SF
For Sale

$3,525,000
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120 Ottawa Avenue Northwest

120 Ottawa Avenue Northwest, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

41,065 SF
Availability

6 Spaces

63,450 SF
For Lease

$25.00/SF/YR
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545 Michigan St NE

545 Michigan St NE, Midtown Grand Rapids, Grand Rapids, MI
Property

Office

31,809 SF
Availability

4 Spaces

7,702 SF
Year Built

2005
For Lease

$16.50 - $22.95/SF/YR
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623 Eastern Ave SE

623 Eastern Avenue Southeast, Madison, Grand Rapids, MI
Property

Retail

76,000 SF
Availability

1 Space

2,689 SF
For Lease

$15.00/SF/YR
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Webb Electric

1675 Michigan St NE, Northeast Grand Rapids, Grand Rapids, MI
Property

Industrial

16,398 SF
Availability

1 Space

16,398 SF
Year Built

1955
For Lease

$19.00/SF/YR
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Sanford House at 221 John Street NE

221 John St NE, Downtown Grand Rapids, Grand Rapids, MI
Property

Office

9,500 SF
Year Built

1913
For Sale

$1,795,000
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1251 Plainfield Ave NE

1251 Plainfield Avenue Northeast, Creston, Grand Rapids, MI
Property

Industrial

13,093 SF
Availability

1 Space

8,000 SF
Year Built

1925
For Lease

$7.95/SF/YR
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Lofts of Grove

1359 Plainfield Avenue Northeast, Creston, Grand Rapids, MI
Property

Retail

3,095 SF
Availability

3 Spaces

6,185 SF
Year Built

2023
For Lease

$20.00/SF/YR
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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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Plainfield Plaza

3150 Plainfield Avenue Northeast, Creston, Grand Rapids, MI
Property

Retail

68,580 SF
Availability

3 Spaces

11,800 SF
For Lease

$12.00/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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25 Ottawa

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

Office

81,041 SF
Availability

1 Space

16,485 SF
Year Built

1920
For Lease

$25.00/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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Mill Creek Centre

400 Ann Street Northwest, West Grand, Grand Rapids, MI
Property

Office

41,224 SF
Availability

2 Spaces

2,885 SF
Year Built

1980
For Lease

$14.40 - $16.95/SF/YR
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1140 Monroe Ave NW - Lower Level

1140 Monroe Avenue NW, Belknap Lookout, Grand Rapids, MI
Property

Office

45,417 SF
Availability

3 Spaces

23,452 SF
Year Built

1950
For Lease

$5.95/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

1895
For Lease

$33.15 - $34.29/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 6,066,442 square feet of office space across 102 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 1,757,010 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 2,154,555 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 1,517,718 square feet of available listings. Retail space available in Grand Rapids adds up to 533,764 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 $19.36 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 $6.37 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 $25.3 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 63,193 square feet.
Retail properties here incorporate an average of 40,861 square feet.
Industrial space in Grand Rapids is in buildings that are, on average 134,660 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 2,372,535 square feet. The market offers 88 active office listing(s), which amount to 1,540,110 square feet and account for 67% of commercial spaces on the market. Local retail availability includes 527,948 square feet across 33 retail space(s). Industrial space for rent opportunities in Grand Rapids amount to 304,477 square feet across a total of 9 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	88	1,540,110
Retail	33	527,948
Industrial	9	304,477

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 864,631 square feet of commercial property for sale here , which includes 16 office building(s) for sale , 14 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	385,389
Retail	14	109,642
Industrial	8	364,584
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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