345 State StGrand Rapids, MI 49503

For Lease
$15/SF/YR
Grand Rapids Mixed-Use Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional mixed-use retail property, located at 345 State Street SE in Grand Rapids, Michigan, presents a unique investment opportunity. The building, constructed in 1956 and extensively renovated in 2019, boasts a total of 52,030 square feet across four stories. Currently, 2,700 square feet of retail space is available for lease within this single-tenant building situated on a 0.46-acre lot. The property's prime location in the Historical Heritage Hill District offers a blend of vibrant city life and the tranquility of downtown living, with convenient access to numerous amenities and the heart of Grand Rapids. The mid-century modern design features updated finishes, reflecting the building's rich history. Its strategic position along State Street ensures high visibility and strong foot and vehicle traffic. The zoning designation is TN-TCC, and the APN is 41-13-30-331-006. Parking is available via both garage and street options. Ideal for a café, restaurant, coffee shop, gift shop, general retail use, or professional office space, this versatile property offers significant potential for a variety of businesses. This is a rare opportunity to acquire a well-maintained, historically significant property in a thriving downtown location. The Kent County location and 49503 zip code add to its desirability. Don't miss this chance to secure a piece of Grand Rapids' vibrant commercial landscape.

Highlights

  • 12-foot ceiling height.
  • Lease term options from 36 to 120 months.
  • Monthly lease rate: $3,375.
  • Lease rate: $15.00 per square foot.

Property Details for 345 State St

Property type
Retail properties, Mixed-use properties
RSF (Rentable sq. ft)
52,030 SF
Year Built/Renovated
1956/2019
Buildings
1
Stories
4

Unit(s) available at that property

Space
Suite B - Main
Size
2,700 SF
Rate per SF
$15

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9600031
Longitude
-85.6599834
345 State St, Grand Rapids, Michigan

FAQs

What type of property is this?
Retail property - Grand Rapids Mixed-Use Retail Opportunity
Where is the retail property located?
The property is located at 345 State St Grand Rapids, MI.
What is the lease rate?
The lease rate is $15/SF/YR.
What are key features of this property?
This property features: 12-foot ceiling height.; Lease term options from 36 to 120 months.; Monthly lease rate: $3,375.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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345 State St
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