4342 Division Avenue S Grand Rapids, MI $ 450,000
4342 Division Avenue S
$ 450,000
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4342 Division Avenue S

Grand Rapids, MI, 49548
$ 450,000
Bedrooms-- Baths2.0

Monthly Estimate*

$ 2,771

4342 Division Avenue S, Grand Rapids, MI 49548 - Image 1

Commercial Property for sale in Grand Rapids, MI

for $450,000 with 2 full baths. This 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 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!

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Commercial Active

Price

$ 450,000

Full Bath

2

Property Type

Commercial

Taxes

$ 6,405

Style

Retail

Lot Size

0.17

Year Built

1940

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

26026131

Features
General
Heating Forced Air
Utilities Natural Gas Available Electricity Available Natural Gas Connected Electricity Connected Storm Sewer
Possession Close Of Escrow
Construction Materials Brick
Year Built 1940
Tenant Pays Electric Gas Sewer Trash Water
Township City of Kentwood
Property Subtype Retail
Tax Year 2025
Business Type Other Professional/Office Professional Service Restaurant Storage Retail
County Kent
New Construction N
Property Type Commercial Sale
Full Baths 2
Status Active
Directions 44th St to N on Division building is on the right.
City Grand Rapids
High School District Kelloggsville
Zoning Description FBC
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 7231.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 6405.48
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 105714
Legal Description LOT 275 * HOME ACRES
Senior Community None
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Exterior
Inclusions Non-Applicable
Lot Size Area 0.17
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
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) Y
Heating Y/N Y
Total Baths 2
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Internal Only
Street Number 1 4342
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* Excluded Features
List By
Rise Realty Group

Broker

realchadmonroe@gmail.com

Email

Affordability Calculator

$3,304
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$534
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
251701 Elementary School
251419 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, Grand Rapids, MI, 49548 is a Commercial Property for sale at $450,000 with 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 Grand Rapids, MI