Courtesy of Rise Realty Group, Chad Monroe

4342 Division Avenue S, Grand Rapids, Michigan, 49548

$450,000
5,408 Sqft
0.17 Acres
2 ba
#26026131
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!

PROPERTY FEATURES

  • Business Type : Other, Professional/Office, Professional Service, Restaurant, Storage, Retail
  • Utilities : Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
  • Water Source : Public
  • Sewer : Public Sewer
  • Parking Features: Paved
  • Zoning Description : FBC
  • Heating on Property:
  • Heating : Natural Gas, Forced Air
  • Construction Materials: Brick, Block, Concrete
  • Road Surface Type: Paved
  • Basement on Property:
PROPERTY DETAILS
ID: 26026131
Status: Active
Price: $450,000
Acres: 0.17 Acres
Price Per Acre: $2,647,059
Type: Other
Address: 4342 Division Avenue S
City, State: Grand Rapids, Michigan
County: Kent
Zip Code: 49548
Lat/Long: 42.884728, -85.664251
Presented By: Chad Monroe
Phone:
Email: Click to Contact