4342 Division Avenue, Grand Rapids, MI

$450,000

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2

Baths

5,408

Square feet

0.17

Acres

About 4342 Division Avenue

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!

Features of 4342 Division Avenue

MLS® # 26026131
Price $450,000
Bathrooms 2.00
Full Baths 2
Square Footage 5,408
Acres 0.17
Year Built 1940
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 4342 Division Avenue
City Grand Rapids
County Kent
State MI
Zip Code 49548

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No

School Information

District Kelloggsville

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

AgentChad Monroe
OfficeRise Realty Group

Listing Map

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