For Sale Commercial MLS# 26026131

4342 Division Avenue S

Grand Rapids, MI 49548

$450,000

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Listing Office

Officemichigan-regional-information-center-llc-rsd logoRise Realty Group
AgentChad Monroe

About 4342 Division Avenue S

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 details

Property

Type
Retail
MLS type
Commercial
Status
Active
Year built
1940
Stories
1
Living area
5,408 sqft
Price / sqft
$83
Lot
0.166
Full baths
2
Original price
$450,000
MLS #
26026131

Interior

Heating
Forced Air

Exterior & lot

Construction
Brick

Schools

District
Kelloggsville Public Schools

Utilities

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

Financial

Financial
Michigan Regional Information Center (MichRIC)
Annual tax
$6,405
Tax year
2025
Parcel
41-18-19-353-002
Legal
LOT 275 * HOME ACRES

Location

County
Kent
Community
Paved, Kelloggsville
Directions
44th St to N on Division, building is on the right.

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.