4342 Division Avenue S City of Kentwood, MI $ 450,000
4342 Division Avenue S
$ 450,000
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4342 Division Avenue S

City of Kentwood, MI, 49548
$ 450,000
Bedrooms-- Baths2.0 Sq 5,408

Monthly Estimate*

$ 2,841

4342 Division Avenue S, City of Kentwood, MI 49548 - Image 1
4342 Division Avenue S, City of Kentwood, MI 49548 - Image 2
4342 Division Avenue S, City of Kentwood, MI 49548 - Image 3
4342 Division Avenue S, City of Kentwood, MI 49548 - Image 4
4342 Division Avenue S, City of Kentwood, MI 49548 - Image 5
4342 Division Avenue S, City of Kentwood, MI 49548 - Image 6
Commercial Property for sale in City of Kentwood, MI for $450,000 with 2 full baths. This 5,408 square foot building was built in 1940 on a lot size of 0.17.

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 SFUnits: 2 -- both fully leasedUnit 1: 3,224 SF \ $2,000/month \ 3% annual increaseUnit 2: 2,184 SF \ $1,400/month \ 3% annual increaseCombined Monthly Income: $3,400 \ Annual Income: $40,800Tenant Expense Structure: Gross modified - tenants responsible for all utilitiesLease Escalations: Built-in 3% annual increases on both units, providing consistent rent growth and inflation protectionWhy This Property:With both units occupied and income flowing immediately, this is a true turnkey investment!

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Commercial Active

Price

$ 450,000

Full Bath

2

Property Type

Commercial

Taxes

$ 6,405

Style

CommercialSale

Lot Size

0.17

Year Built

1940

Town/City

City of Kentwood

County/Region

KENT

MLS | Web ID

65026026131

Features
General
Sewer PublicSewer StormDrain
Heating ForcedAir NaturalGas
Utilities ElectricityConnected NaturalGasConnected
Possession CloseOfEscrow
Construction Materials Block Brick Concrete SteelSiding
Year Built 1940
Tenant Pays Electricity Gas Sewer TrashCollection Water
Tax Year 2025
Business Type Retail
County Kent
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions 44th St to N on Division building is on the right.
City KentwoodCity_Kent
Senior Community Y/N N
High School District Kelloggsville
Zoning Description Other
Number Of Units Total 2
MLS Area Area41181Kentwood
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 6405.48
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
Standard Status Active
Tax Assessed Value 105714
Legal Description LOT 275 * HOME ACRES
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Interior
Basement CommonStorageLocker
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Total Baths 2
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Exterior
Parking Features Paved
Water Source Public
Lot Size Area 7231.0
Foundation Details Basement
Number of Buildings 1
Spa N
Building Area Total 5408.0
Lot Dimensions IRR
Lot Size Acres 0.17
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4342
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* Excluded Features
List By
Chad Monroe

Listing Agent

Rise Realty Group

Broker

(616) 439-4653

Phone

Affordability Calculator

$3,375
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,841
Monthly Property Taxes
$534
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4817287 Elementary School
4817286 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/1/2026$450,000 Listed Price

Map


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4342 Division Avenue S, City of Kentwood, MI, 49548 is a Commercial Property for sale at $450,000 with 5,408 sqft and a lot size of 0.17. 4342 Division Avenue S has 2.0 baths and was built in 1940. The property's zip code is 49548 which is in City of Kentwood, MI