Forest Hills, MI Commercial Real Estate for Lease and Sale

Explore 23 listings of Forest Hills commercial real estate to find the best space for your business.

1575 Arboretum Dr. SE

1575 Arboretum Dr. SE, Forest Hills, Grand Rapids, MI
Property

Office

29,450 SF
Year Built

2005
For Sale

$4,900,000
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5211 Cascade Rd SE

5211 Cascade Rd SE, Forest Hills, Grand Rapids, MI
Property

Other
Year Built

1997
For Sale

$16.95
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Cascade Center

6250 28th St. SE, Forest Hills, Grand Rapids, MI
Property

Retail

43,069 SF
Year Built

1960
For Sale

Subject To Offer
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5960 Tahoe Dr SE

5960 Tahoe Dr SE, Forest Hills, Grand Rapids, MI
Property

Office

11,117 SF
Availability

1 Space

1,125 SF
Year Built

1986
For Lease

$15.95/SF/YR
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Retail Land
3033 Orchard Vista Dr. SE

3033 Orchard Vista Dr. SE, Forest Hills, Grand Rapids, MI
Property

Office

77,714 SF
Availability

4 Spaces

26,795 SF
Year Built

1989
For Lease

$17.50 - $19.75/SF/YR
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5300 Patterson Ave SE

5300 Patterson Ave SE, Forest Hills, Grand Rapids, MI
Property

Office

150,797 SF
Availability

1 Space

17,238 SF
Year Built

1991
For Lease

$19.50/SF/YR
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Cascade Center

6250 28th St. SE, Forest Hills, Grand Rapids, MI
Property

Retail

43,069 SF
Availability

2 Spaces

9,494 SF
Year Built

1960
For Lease

$11.00 - $16.50/SF/YR
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MI, Grand Rapids - Corporate Exchange
HQ
5030 Corporate Exchange Boulevard Southeast #201, 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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Spaulding Annex Office Park

979 Spaulding Avenue SE, Forest Hills, Ada, MI
Property

Office

47,592 SF
Availability

1 Space

2,906 SF
Year Built

1989
For Lease

$15.50/SF/YR
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3801 Kraft Ave SE

3801 Kraft Ave SE, Forest Hills, Grand Rapids, MI
Property

Industrial

55,233 SF
Availability

4 Spaces

186,916 SF
Year Built

1977
For Lease

$5.50 - $5.90/SF/YR
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5222 33rd St SE

5222 33rd St SE, Forest Hills, Grand Rapids, MI
Property

Office

58,635 SF
Availability

2 Spaces

32,501 SF
Year Built

1987
For Lease

$7.75 - $9.00/SF/YR
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2600 Horizon Dr SE

2600 Horizon Dr SE, Forest Hills, Grand Rapids, MI
Property

Office

29,397 SF
Availability

3 Spaces

58,794 SF
Year Built

1986
For Lease

$12.25/SF/YR
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Watermark Center

1595 Galbraith Ave. SE, Forest Hills, Grand Rapids, MI
Property

Office

66,801 SF
Availability

2 Spaces

4,447 SF
For Lease

$12.00 - $22.00/SF/YR
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2900 Charlevoix Dr SE

2900 Charlevoix Dr SE, Forest Hills, Grand Rapids, MI
Property

Office

53,280 SF
Availability

1 Space

3,054 SF
Year Built

1980
For Lease

$16.95/SF/YR
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5480 Glenwood Hills Pkwy SE

5480 Glenwood Hills Pkwy SE, Forest Hills, Grand Rapids, MI
Property

VacantLand

2.97 Acre
For Sale

$500,000
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Ada Village

7159 Headley St SE, Forest Hills, Ada, MI
Property

Office

5,815 SF
Availability

1 Space

2,408 SF
For Lease

$26.95/SF/YR
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7500 Fulton St E

7500 Fulton St E, Forest Hills, Ada, MI
Property

Office

1,865 SF
Availability

1 Space

1,865 SF
For Lease

$28.95/SF/YR
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5070 Cascade Rd SE

5070 Cascade Road Southeast, Forest Hills, Grand Rapids, MI
Property

Office

30,501 SF
Availability

1 Space

2,114 SF
Year Built

2005
For Lease

$11.50/SF/YR
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5526 Glenwood Hills Pkwy SE

5526 Glenwood Hills Pkwy SE Grand Rapids, Forest Hills, Grand Rapids, MI
Property

VacantLand

6 Acre
For Sale Contact for pricing
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The Production Center

5989 Tahoe Dr SE Grand Rapids, Forest Hills, Grand Rapids, MI
Property

Office

10,000 SF
Availability

1 Space

10,000 SF
For Lease

$13.50/SF/YR
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2959 Lucerne Dr SE, Grand Rapids, MI 49546

2959 Lucerne Dr SE, Forest Hills, Grand Rapids, MI
Property

Office

30,000 SF
Availability

3 Spaces

45,000 SF
Year Built

1985
For Lease

$14.95 - $16.95/SF/YR
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6140 28th Street SE

6140 28th Street SE, Forest Hills, Grand Rapids, MI
Property

Office

31,008 SF
Year Built

1985
For Sale

$2,650,000
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2959 Lucerne Dr SE, Grand Rapids, MI 49546

2959 Lucerne Dr SE, Forest Hills, Grand Rapids, MI
Property

Office

30,000 SF
Year Built

1985
For Sale

$3,490,000
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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 Forest Hills commercial real estate market incorporates 685,900 square feet of office space across 19 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.
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 Forest Hills commercial real estate market includes 86,138 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 Forest Hills market, there is a total of 55,233 square feet of industrial property.

The listing inventory in Forest Hills 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 Forest Hills is represented by Office space, which accounts for 222,765 square feet of available listings. Industrial space available in Forest Hills adds up to 110,466 square feet.

Meanwhile, most of the listings of commercial property for sale in Forest Hills 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 Forest Hills is $15.6 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 Forest Hills 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 Forest Hills, 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 $19.95 per square foot. In particular, the property type commanding the highest lease rates in Forest Hills was Office space.

The average size of a commercial property in Forest Hills 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 Forest Hills, the average size of an office property is 38,106 square feet.
Retail properties here incorporate an average of 43,069 square feet.
Industrial space in Forest Hills is in buildings that are, on average 55,233 square feet in size.

Forest Hills, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Forest Hills currently add up to 404,657 square feet. The market offers 13 active office listing(s), which amount to 208,247 square feet and account for 86% of commercial spaces on the market. Local retail availability includes 9,494 square feet across 1 retail space(s). Industrial space for rent opportunities in Forest Hills amount to 186,916 square feet across a total of 1 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	13	208,247
Retail	1	9,494
Industrial	1	186,916

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 Forest Hills, MI. Currently, there is 133,536 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	3	90,458
Retail	1	43,069
Other	3	9

Forest Hills, MI Commercial Real Estate for Lease and Sale

1575 Arboretum Dr. SE

5211 Cascade Rd SE

Cascade Center

5960 Tahoe Dr SE

3033 Orchard Vista Dr. SE

5300 Patterson Ave SE

Cascade Center

MI, Grand Rapids - Corporate Exchange

Spaulding Annex Office Park

3801 Kraft Ave SE

5222 33rd St SE

2600 Horizon Dr SE

Watermark Center

2900 Charlevoix Dr SE

5480 Glenwood Hills Pkwy SE

Ada Village

7500 Fulton St E

5070 Cascade Rd SE

5526 Glenwood Hills Pkwy SE

The Production Center

2959 Lucerne Dr SE, Grand Rapids, MI 49546

6140 28th Street SE

2959 Lucerne Dr SE, Grand Rapids, MI 49546

Frequently Asked Questions

Forest Hills, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Forest Hills, 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 Forest Hills, MI?

What factors affect the price of commercial real estate in Forest Hills, MI?

What is the average rent for commercial space in Forest Hills, MI?

What are the best areas for commercial real estate in Forest Hills, 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 Forest Hills, MI?

Forest Hills, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us