Bridge Street Redevelopment Site

Retail-Commercial for Lease
Catylist Listing ID: 30782356
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Street Retail, Other
Contiguous Space: 16,824 SF
Building Size (RSF): 16,824 SF
Gross Land Area: 0.80 Acres
Lease Rate: $9.95 PSF (Annual)
Base Monthly Rent: $13,949
Lease Types: NNN
Building Name: Former Duthler's Family Foods
Usable Size (USF): 16,824 SF
Last Updated: 1/22/2022

Overview / Comments

Prime redevelopment site located on downtown Grand Rapids West Side corridor. Within walking distance of numerous destination restaurants, offices, shopping and dense residential complexes. Coveted Neighborhood Mixed- Use Commercial Zoning with ample on-site parking (over 40 spaces).

Combined parcels: 648 Bridge St NW with 16,824 SF single story building on 0.8 acres with 345 Lexington Ave NW on 0.058 acres (parking lot).

Expand All Available Space

Suite: Building 16,824 SF $9.95 PSF (Annual) NNN
Level/Floor: Building
Space Available: 16,824 SF
Lease Rate: $9.95 PSF (Annual)
$13,949 (Monthly)
Lease Type: NNN
Space Subcategory: Free-Standing Store, Grocery-Anchored
Date Available: 1/1/2022
Space Type: Sublet
Kitchen Yes
Parking Spaces 40

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Northwest Business District
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-13-25-103-001
Property Located Between: Gold and Lexington Avenues
Property Visibility: Excellent
Largest Nearby Street: Bridge St
Feet of Frontage: 112
Traffic/Vehicle Count: 73,347
Highway Access: Less than 5 minutes to I-196
Airports: 20 minues to Gerald R Ford International Airport
Site Description: Ideal site for redevelopment. Adjacent to Meijer's Bridge Street Market
Area Description: Walkability score of 88. > 100,000 SF new office space recently added, anchored by Rockford Construction. Hundreds of new residential units (The Hendrick, Lofts on Alabama, Barley Flats & Bridge Street Lofts). Microbrewery scene with Jolly Pumpkin, New Holland's Knickerbocker, Harmony Hall & Arktos Meadery.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 16,824 SF
Property Condition: Average
Year Built: 1921
Year Renovated: 1985
Total Parking Spaces: 40
Parking Type: Surface
Zoning Description: Coveted TN-TCC (Traditional Neighborhood Mixed-Use Commercial); mixed-use expected, multi-family residential, drive-thru opportunity via special use permit, restaurants w/outdoor seating, 4 stories approved, 5 with bonuses, favorable setbacks Ground floor residential approved

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,144 143,301 269,652
Median Age: 28.14 31.16 33.35
Households: 7,978 54,197 103,660


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