111 Division Avenue S Grand Rapids, MI $ 2,790,000
111 Division Avenue S
$ 2,790,000
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111 Division Avenue S

Grand Rapids, MI, 49503
$ 2,790,000
Bedrooms-- Baths--

Monthly Estimate*

$ 17,406

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Commercial Property for sale in Grand Rapids, MI

for $2,790,000. This building was built in 1888 on a lot size of 0.4.

The historic Harris Lofts Building contains four unique floors that are ideal for retail, offices, restaurants., banquets/events, galleries, etc. This spacious building totals 38,775 SF and includes a 10,537 SF finished basement. The available spaces have remarkable character with wood floors and exposed brick walls. Property is walking distance from Van Andel Arena, Grand Rapids Public Museum, Heartside Park and many other attractions. Sale includes 111, 115 & 117 S. Division Ave as a bulk sale as all 3 properties are contiguous. Includes Tax ID #411325439007 & 411325439009. 115 S. Division is a 2 story mixed use bldg. with 1055 SF first floor commercial/retail space and a 1080 SF 2nd floor 1 BR, 1 bath Apt. 1080 SF walkout lower level storage /garage space with one overhead door. Taxable Value for 115 S. Division is $67,347 and SEV is $86,400 Taxable Value for 117 S. Division is $144,464 and SEV is $185,700

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Commercial Pending

Price

$ 2,790,000

Property Type

Commercial

Taxes

$ 49,992

Style

Retail

Lot Size

0.4

Year Built

1888

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

17039787

Features
General
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Available Electricity Available Natural Gas Connected Electricity Connected
Roof Rubber
Construction Materials Brick Stone
Year Built 1888
Township City of Grand Rapids
Property Subtype Retail
Tax Year 2016
Business Type Other Professional/Office Professional Service Restaurant Bar/Tavern/Lounge Retail
County Kent
New Construction N
Property Type Commercial Sale
Building Features Fire Sprinkler
Status Pending
Directions On the west side of S. Division Ave North of Cherry St. and South of Oakes St.
City Grand Rapids
High School District Grand Rapids
Number Of Units Total 3
MLS Area Grand Rapids - G
Lot Size Units Acres
Lot Size Square Feet 17424.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 49992.49
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Tax Assessed Value 631382
Legal Description Kent Plat Division Street
Senior Community None
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Exterior
Inclusions Real Estate
Lot Size Area 0.4
Number of Buildings 3
Spa N
Building Area Total 47647.0
Lot Dimensions 122x141
Lot Size Acres 0.4
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 4
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 111
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* Excluded Features
List By
M. Shapiro Real Estate Group

Broker

michael@mshapirorealestate.com

Email

Affordability Calculator

$21,572
Per Month
81%
19%
0%
Monthly Principal & Interest
$17,406
Monthly Property Taxes
$4,166
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
250213 Elementary School
249218 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/27/2018$2,790,000 Listed Price

Map


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111 Division Avenue S, Grand Rapids, MI, 49503 is a Commercial Property for sale at $2,790,000 with a lot size of 0.4. 111 Division Avenue S was built in 1888. The property's zip code is 49503 which is in Grand Rapids, MI