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Investment Highlights

  • Historic Downtown Building - Well Maintained
  • Located in the Heart of Downtown Grand Rapids
  • 100% Leased
  • Lots of Amenities

Executive Summary

CBRE is pleased to present the offering of The Flat Iron Building, a landmark, fully-leased mixed-use investment located at 100 Monroe Center Street in the heart of downtown Grand Rapids. The building is fully leased, anchored by Smith, Haughey Rice & Roegge, P.C., while the ground floor is occupied by Old World Olive Press (specialty food), Cinco de Mayo (restaurant), and Grand Rapids Game Show (entertainment). The asking price is $8,868,049, with a cap rate of 8.27% and a Net Operating Income of $733,671. Strategically positioned at the corner of Monroe Center St and Ottawa Ave, the Property benefits from a prime location in a bustling downtown setting surrounded by dining and entertainment options, as well as convenient access to transportation.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
32,106 SF
Building Class
B
Year Built
1858
Price
$8,868,049
Price Per SF
$276.21
Cap Rate
8.27%
NOI
$733,388
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
7,133 SF
Slab To Slab
13’
Building FAR
3.20
Lot Size
0.23 AC
Zoning
Commercial

Amenities

  • Reception
  • Roof Terrace
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Manufacturing
  • -
  • $9.99
  • -
  • -

Old World Olive Company is an exclusive, specialty tasting store carrying over 50 flavors of extra virgin olive oil and balsamic vinegars. When it comes to olive oil, fresh is better. They offer the freshest and finest extra virgin olive oils from around the world. Their knowledgeable staff will help guide customers through the health benefits, choose their favorite pairings and recipes – so that they can discover their palate preferences. With that customers can have confidence that they are getting the healthiest, most flavorful products to use in their everyday cooking.

  • Professional, Scientific, and Technical Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Since 1941, Smith Haughey has been helping their clients overcome challenges and take advantage of opportunities. Built on the foundation of litigation excellence, Smith Haughey has grown into a firm that serves businesses and individuals at every stage of their growth and planning. Whether it’s assessing a potential lawsuit, growing their business, or protecting their personal assets, their attorneys are committed to fully understanding their particular needs while keeping them informed along the way. With their specialized practice areas, they provide the most qualified counsel for a full range of legal matters. They recognize that it’s people who define success. Their attorneys appreciate the importance of enhancing their existing team – whether it be their employees or their family members – to determine solutions to their problems and aide in clients success.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Manufacturing - $9.99 - -
Professional, Scientific, and Technical Services - $9.99 Lorem Ipsum Jan 0000
Moderately walkable
70/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
41-13-25-281-076
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,190,200
  • Listing ID: 40005005

  • Date on Market: 4/2/2026

  • Last Updated:

  • Address: 100-110 Monroe Center St NW, Grand Rapids, MI 49503

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