For Sale
$4,250,000

89 Ionia Ave Grand Rapids, MI 49503

Historic Office Building, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional Class A office building, located at 89 Ionia Ave NW in Grand Rapids, Michigan's Central Business District, offers 54,364 square feet of space, with 37,590 square feet net rentable. Built in 1918 and extensively renovated in 2016, this four-story building boasts a prime corner location at Ionia and Fountain Avenues. The property is zoned for commercial use and is currently offered for sale by owner. The upper three floors have undergone a complete renovation, while the lower three floors are available for lease. The building features a convenient elevator with direct access to individual tenant suites, perfect for single-floor occupants. Recently updated common areas and restrooms enhance the building's appeal. Its central location provides easy access to numerous amenities, including restaurants, bars, hotels, and other retail establishments, as well as the VanAndel Arena, GLC Live at 20 Monroe, the Grand Rapids Civic Theatre, and the Grand Rapids Art Museum. This presents a unique opportunity for an owner-user seeking a long-term investment or an investor looking for potential upside. The asking price is $4,250,000. This is a truly impressive property in a vibrant and desirable location.

Highlights

  • Prime Grand Rapids CBD location.
  • Excellent walkability to diverse amenities.
  • Direct elevator access for single-floor tenants.
  • Modernized common areas and restrooms.
  • Strong investment opportunity, suitable for owner-occupancy.
  • Near major entertainment and cultural venues.

Property Details for 89 Ionia Ave

Property type
Office properties, Office space
Square Feet
54,364 SF
Class
A
Year Built/Renovated
1918/2016
Buildings
1
Stories
4

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9652924
Longitude
-85.6694417
89 Ionia Ave, Grand Rapids, Michigan

FAQs

What type of property is this?
Office property - Historic Office Building, Prime Location
Where is the office property located?
The property is located at 89 Ionia Ave Grand Rapids, MI.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Prime Grand Rapids CBD location.; Excellent walkability to diverse amenities.; Direct elevator access for single-floor tenants.
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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89 Ionia Ave
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