$450,000

4342 Division Avenue S, Grand Rapids MI, 49548

Price per sqft$83.21

Built in1940

Property size5,408 sqft

Property typeCommercial

Courtesy of Chad Monroe, Rise Realty Group

Overview

Active

Listed Jun 1, 2026

Updated Aug 25

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!

Additional information

MLS^® ID: 26026131

Interior Features

Bathrooms: 2
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.17 Acres

Other Property Details

Taxes: $6,405
Tax Frequency: Annually

Courtesy of Rise Realty Group

The IDX display contains information sourced from the MichRIC® as of 8/25/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated 8/25/2026