Grand Rapids, MI Commercial Real Estate for Lease and Sale

Explore 176 listings of Grand Rapids commercial real estate to find the best space for your business.

Downtown Loft Offices with LOWEST Parking Cost ($86/month)

100 Cesar E. Chavez Ave SW , Downtown Grand Rapids, Grand Rapids, MI
Property

Office

77,000 SF
Availability

2 Spaces

5,605 SF
For Lease

$13.95 - $17.95/SF/YR
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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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Beckwith Center

1621 Leonard St NE, Northeast Grand Rapids, Grand Rapids, MI
Property

Retail

24,000 SF
Availability

2 Spaces

2,510 SF
Year Built

1985
For Lease

$12.00/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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Office Coworking Retail Industrial

Office Retail Industrial Land
The Trust Building

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

Office

130,000 SF
Availability

21 Spaces

39,042 SF
Year Built

1981
For Lease

$21.95 - $30.59/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

10 Spaces

14,999 SF
Year Built

1994
For Lease

$18.60 - $28.51/SF/YR
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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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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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2021 44th St SE

2021 44th St SE, Wyoming, Grand Rapids, MI
Property

Office

800 SF
Availability

1 Space

490 SF
For Lease

$900.00/MO
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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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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

1997
For Lease

$25.00/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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3501 Lake Eastbrook Blvd SE

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

Office

39,571 SF
Availability

4 Spaces

5,974 SF
Year Built

1969
For Lease

$14.00 - $22.29/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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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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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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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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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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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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800 Monroe Avenue Northwest

800 Monroe Avenue Northwest, Belknap Lookout, Grand Rapids, MI
Property

Office

54,653 SF
Availability

1 Space

4,816 SF
Year Built

1880
For Lease

$12.00/SF/YR
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Northbrook Office Park - 2920, 2922 & 2942 Fuller Avenue NE

2922 Fuller Avenue NE, Creston, Grand Rapids, MI
Property

Office

61,920 SF
Availability

2 Spaces

2,852 SF
Year Built

1970
For Lease

$9.95 - $12.95/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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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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The Weyhill Building

2025 East Beltline Avenue SE, Ridgemoor, Grand Rapids, MI
Property

Office

80,000 SF
Availability

2 Spaces

3,817 SF
Year Built

1988
For Lease

$15.95 - $16.95/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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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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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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838 Boston St SE

838 Boston St SE, Oakdale, Grand Rapids, MI
Property

Industrial

5,800 SF
Availability

1 Space

3,500 SF
Year Built

1952
For Lease

$5.95/SF/YR
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Studio Park

122 Oakes St SW, Downtown Grand Rapids, Grand Rapids, MI
Property

Retail

44,438 SF
Availability

2 Spaces

3,295 SF
Year Built

2018
For Lease

$27.00/SF/YR
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1409 Buchanan Ave SW

1409 Buchanan Ave SW, Southeast Grand Rapids, Grand Rapids, MI
Property

Industrial

37,856 SF
Year Built

1929
For Sale

$1,650,000
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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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J& H Automotive

969 Lake Dr SE, East Hills, Grand Rapids, MI
Property

Retail

1,709 SF
Year Built

1953
For Sale

$849,000
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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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61 Sheldon Boulevard Southeast

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

Office

6,962 SF
Year Built

1881
For Sale

$795,000
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Chase Bank Building

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

Office

178,700 SF
Availability

1 Space

4,432 SF
Year Built

1967
For Lease Contact for pricing
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East Beltline & Knapp - Grand Rapids

2135 E Beltline Ave , Northeast Grand Rapids, Grand Rapids, MI
Property

Retail
Availability

1 Space

1,500 SF
For Lease Contact for pricing
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John Widdicomb Building - 665 Seward Avenue NW

665 Seward Avenue NW, West Grand, Grand Rapids, MI
Property

Office

113,950 SF
Availability

2 Spaces

6,584 SF
Year Built

2009
For Lease Contact for pricing
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Ledyard Building

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

Office

130,000 SF
Availability

25 Spaces

40,917 SF
Year Built

1987
For Lease

$21.49 - $41.38/SF/YR
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99 Monroe Avenue Northwest
Worklab
99 Monroe Avenue Northwest #200, Grand Rapids, MI
Services

Virtual Office

Open Workspace

Meeting Room
Amenities

Complimentary coffee & tea

Free water

Gym

High-speed wifi

Office supplies

Parking

Printer

Projector

Receptionist/Secretarial services

Snacks
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The Campau Square Building

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

Office

27,475 SF
Availability

2 Spaces

9,181 SF
Year Built

1853
For Lease Contact for pricing
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855 Michigan Street Northeast

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

Retail

9,961 SF
Availability

1 Space

2,549 SF
For Lease

$21.95/SF/YR
View Details (opens in new window)
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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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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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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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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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

54,111 SF
Year Built

1967
For Lease Contact for pricing
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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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111 Commerce Ave SW

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

Office

108,654 SF
Year Built

1915
For Sale

$8,900,000
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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
View Details (opens in new window)
77 Monroe Center Street Northwest
The Factory
77 Monroe Center Street Northwest #600, Grand Rapids, MI
Services

Virtual Office

Open Workspace

Meeting Room
Amenities

Bike storage

Complimentary coffee & tea

Free water

High-speed wifi

Parking

Pet friendly

Printer

Privacy booths

Projector

Receptionist/Secretarial services
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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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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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