Active

Investment Building Downtown Grand Rapids

70 Ionia Ave SW, Grand Rapids, MI 49503

1 / 13

Overview

Class A mixed use (office & retail) building located in the Entertainment District of Grand Rapids, Michigan - one of the fastest growing Midwestern cities in the United States. Located in close proximity to multiple entertainment venues and positioned among other properties with several high credit tenants. Area also includes a fast growing population of market rate multi family developments, restaurants and hotels.

-100% leased Three-Tenant, Class A Building

-Located across street from the 12,500 seat Van Andel Arena

-Located in the Grand Rapids CBD adjacent to the live/work/play Studio Park Development

-Minutes away from the soon-to-be developed 12,000 seat Grand Rapids Amphitheater located on the Grand River

-Interior and exterior of the building recently updated

-Building comes with "rights" to 87 parking spaces

For Sale

Office
Sale Price
$9,143,939
Price Per SF
$241.4/SF
Building Size
37,872 SF
Acres
0.347 ac
Zoning
COMMERCIAL
Building Class
B
Number of Buildings
1
Floors
4
Construction Type
Framed
Submarket
Central Business District
Nearest MSA
Grand Rapids-Kentwood
Property Status
Existing
County
Kent
Created
08/03/2023
Updated
10/24/2025
Listing ID
6b782fbf

Property Area Insights

presented by Placer.ai