Retail Business for Sale in Grand Rapids, MI
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Grand Rapids, MI 49544
Description
GRAND RAPIDS, MI | ONE OF THE FASTEST-GROWING CITIES IN THE MIDWEST • Part of the Grand Rapids–Kentwood MSA (1.1M+ population), recognized for its strong manufacturing, healthcare, and education sectors. • Known as the “Furniture City,” Grand Rapids is home to Steelcase, Herman Miller, and Haworth, with advanced manufacturing and design supporting tens of thousands of jobs. • Spectrum Health (Corewell Health), Meijer, and Amway anchor the region’s economy, while medical and life sciences research continues to expand around the “Medical Mile.” • Gerald R. Ford International Airport handles over 3.7M passengers annually, fueling logistics, commerce, and regional connectivity. • Education and workforce are supported by Grand Valley State University (22,011 students), Calvin University (3,681 students), Aquinas College (1,295 students), and more. • Grand Rapids is considered one of the fastest-growing cities for jobs and young professionals, having been named the #1 “City on the Rise” in LinkedIn’s 2025 ranking. POSITIONED ON SIGNALIZED CORNER OFF INTERSTATE 96 (46,018 VPD) • Strategically located off Interstate 96, connecting Grand Rapids and Detroit. • I-96 is the primary east–west corridor connecting the Lower Peninsula of Michigan to Detroit, with traffic counts of 46,018 VPD. • The subject property is located at a signalized intersection at Ironwood Dr & Johnson St. STRONG INDUSTRIAL POCKET & NEAR MAIN RETAIL CORRIDOR • The subject property is located in an industrial pocket that includes 1.8M SF of industrial space within a 1-mile radius. • The property is less than 3 miles from the Meijer Corporate Office. Meijer employs over 70,000 people and is the leading grocer in the Midwest with over 270 locations. • This Dollar General is located 10 minutes from Grand Rapids’ main retail corridor, featuring national tenants including Target, Best Buy, Sam’s Club, Panera Bread, Chipotle, and more. AFFLUENT MARKET | 3-MILE HHI $106,849 WITH 9.70% POPULATION GROWTH • Grand Ra
Market Context
This retail in Grand Rapids, MI is listed for sale. It is offered at an approximate 6.4% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Grand Rapids, MI — <a href="/search/sale/retail/michigan/grand-rapids">view the full market</a>.
Contact
- Don McMinn · (678) 808-2762 · don.mcminn@marcusmillichap.com
- Paul Kerber · (248) 415-2600
- David Johnson · (678) 808-2739 · l.david.johnson@marcusmillichap.com
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