$450,000
4342 Division Avenue S, Grand Rapids, MI 49548
2 baths
- Lot
- 0.17 acres
- Built
- 1940
- Type
- Retail
- On market
- 94 days
DescriptionShowHide
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!
Facts & features
Interior3
- Bathrooms
- 2
- Full baths
- 2
- Stories
- 1
Heating, cooling & utilities2
- Heating
- Forced Air
- Utilities
- Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Storm Sewer
Exterior & construction3
- Lot size
- 0.17 acres
- Construction
- Brick
- Year built
- 1940
Property details7
- Type
- OTHER
- Sub-type
- Retail
- County
- Kent
- Parcel #
- 41-18-19-353-002
- Days on market
- 94
- MLS #
- 26026131
- Status
- Active
District: Kelloggsville
No individual schools were listed for this home.
Assigned schools as entered by the listing agent. Attendance boundaries change — confirm with the district before relying on this.
Price & tax historyShowHide
- $450,000
Listing courtesy of Rise Realty Group · Chad Monroe
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