4342 Division Avenue S, Grand Rapids, MI 49548

$450,000
Property Type: Commercial Sale Square Footage: 5,408 Lot Size (sq. ft.): 7,231 Status: Active
Current Price: $450,000 List Date: 6/01/2026 Last Modified: 8/25/2026

Overview

Description

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!

Listing Details MLS# 26026131

Location Property Info

County
Kent
Street #
4342
Street Name
Division
Suffix
Avenue
Post Direction
S
State
MI
Zip Code
49548
Zip (4)
3366

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.17
Lot Square Footage
7231
Lot Dimensions
IRR
Year Built
1940
Total # Units
2
# Fin Bldg Lvls
Yes
Total # Bldgs
Yes
Total SqFt
5408
Full Baths
2
Waterfront
No
School District
Kelloggsville

Tax Info

Tax ID #
41-18-19-353-002
Taxable Value
105714
SEV
196300
For Tax Year
2025
Seller's Annual Property Tax
6405.48
Tax Year
2025
Spec Assessment & Type
NA
Zoning
FBC

Remarks Misc

Directions
44th St to N on Division, building is on the right.

Unit 1

Unit Description
Yes
SqFt
3224
Rent $/Month
2000

More Information

Unit 2

Unit Description
2
SqFt
2184
Rent $/Month
1400

Property Features

Uses: Professional Service; Professional/Office; Restaurant; Retail; Storage; Other Business Includes: Non-Applicable Construction Type: Block; Concrete; Steel Exterior Material: Brick Below Grade: Basement Tenant Pays All: Electric; Gas; Sewer; Trash; Water Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: Electricity Available; Natural Gas Available; Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Driveway: Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Unit 1: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Other; Tenant Pays Sewer; Tenant Pays Trash; Tenant Pays Water Unit 2: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Other; Tenant Pays Sewer; Tenant Pays Trash; Tenant Pays Water Possession: Close Of Escrow
IDX
Listing Office: Rise Realty Group
Listing Agent: Chad Monroe
Source MLS Verified
Last Updated: August - 25 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.