4342 Division S Avenue, Grand Rapids, MI 49548
4342 Division S Avenue, Grand Rapids, MI 49548
4342 Division S Avenue, Grand Rapids, MI 49548
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$450,000
Est. payment /mo
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2 Baths
5,408 SqFt
Active

4342 Division S Avenue Grand Rapids, MI 49548

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Lilian Felix

Lilian Felix

+1(616) 337-7418

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,408 sqft

Price per Sqft $83

Municipality City of Kentwood

MLS Listing ID 26026131

Full Baths 2

Year Built 1940

Annual Tax Amount $6,405

Tax Year 2025

Lot Size 7,231 Sqft

Acres 0.17

Lot Dimensions IRR

Property Sub-Type Retail

Source Michigan Regional Information Center (MichRIC)

Property Description

Investment Opportunity! Fully Leased Multi-Tenant Retail/Commercial! Fully occupied, income-producing commercial property in one of the Grand Rapids metro's highest-traffic retail corridors. Situated on Division Avenue South and 44th Street in Kentwood, this two-unit building benefits from 24,000-40,000 vehicles passing daily -- providing exceptional visibility and a built-in customer base for tenants. Property Highlights: Total Building Size: 5,000 SF Units: 2 -- both fully leased Unit 1: 3,224 SF | $2,000/month | Unit 2: 2,184 SF | $1,400/month | Combined Monthly Income: $3,400 | Annual Income: $40,800 Tenant Expense Structure: Gross modified - tenants responsible for all utilities Why This Property: With both units occupied and income flowing immediately, this is a true turnkey investment!

Location

State MI

County Kent

Direction 44th St to N on Division, building is on the right.

Interior

Heating Forced Air

Inclusions Non-Applicable

Exterior

Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Storm Sewer

View Y/N No

Street Surface Paved

Building

Structure Type Brick

New Construction No

Schools

School District Kelloggsville

Others

Tax ID 41-18-19-353-002

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by Rise Realty Group

NEARBY SCHOOL & BUSINESS

Lilian Felix
Lilian Felix

Agent License ID: 6501433130

+1(616) 337-7418 | lilian@lilianfelix.com

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4342 Division S Avenue