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Listed price in listed location currency (USD).
$450,000

000

MLS® 26026131

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage 
Taxes $6,405
Days Active 1
Lot Size 
Approx. Age 1940
MLS® Number 26026131

Property Address: 4342 Division Ave S, Grand Rapids, MI, 49548-3366

Average square foot calculated using Size range provided by listing agent.

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 | 3% annual increase Unit 2: 2, 184 SF | $1, 400/month | 3% annual increase Combined Monthly Income: $3, 400 | Annual Income: $40, 800 Tenant Expense Structure: Gross modified - tenants responsible for all utilities Lease Escalations: Built-in 3% annual increases on both units, providing consistent rent growth and inflation protection Why This Property: With both units occupied and income flowing immediately, this is a true turnkey investment!
MLS® Number26026131
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1940
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 1, 2026List Date
$450,000List Price
  • Commute

Commute

Starting Address
Destination Address
4342 Division Ave S, Grand Rapids, MI

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