$295,000
Grand Rapids, MI 49507
MLS# 26046183
2583 sqft
1 / 9
Property Description
Explore the potential of this versatile, income-producing property in Grand Rapids! Offering approximately 2,583 square feet across three occupied units, this unique mixed-use opportunity features a commercial space with two attached apartments, creating multiple income streams under one roof. The commercial unit currently rents for $800 per month, while the two apartments generate a combined $2,400 per month. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking a location for your business with additional rental income, this property offers an opportunity to put your investment to work. Positioned along South Division Avenue between Burton and Alger, the property benefits from a high-visibility location in Grand Rapids. Don't miss the opportunity to explore the possibilities this multi-unit property has to offer!
Details
Location & Property Info
Cross Streets: Division and Sutton
Property Sub-Type: Office
Municipality: City of Grand Rapids
Principal Road: Yes
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 114.21
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: 41X130
Road Frontage: 41
Waterfront: No
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
# Fin Bldg Lvls: 2583
Total SqFt: 2583
Property Use Type: Investment
School District: Grand Rapids
Lot Measurement: Acres
Lot Acres: 0.01
Lot Square Footage: 5576
Year Built: 1984
Full Baths: 2
Tax Info
Taxable Value: 73032
SEV: 82600
For Tax Year: 2025
Seller's Annual Property Tax: 4422.18
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: NA
Non-Conforming Use: No
Zoning: COM-IMP
Tax ID #: 41-18-07-103-012
Remarks & Misc
Public Remarks: Explore the potential of this versatile, income-producing property in Grand Rapids! Offering approximately 2,583 square feet across three occupied units, this unique mixed-use opportunity features a commercial space with two attached apartments, creating multiple income streams under one roof. The commercial unit currently rents for $800 per month, while the two apartments generate a combined $2,400 per month. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking a location for your business with additional rental income, this property offers an opportunity to put your investment to work. Positioned along South Division Avenue between Burton and Alger, the property benefits from a high-visibility location in Grand Rapids. Don't miss the opportunity to explore the possibilities this multi-unit property has to offer!
Legal: LOT 10 BLK 7* KENWOOD ADDITION - REPLATTED
Property Use
Investment: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Retail: 1
Other: 1
Construction Type
Frame/Wood: 1
Exterior Material
Vinyl Siding: 1
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Business Includes
Other: 1
Util Avail at St
Cable Available: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Unit 1
Unit Description: Store Front
SqFt: 733
Occupied: Yes
Rent $/Month: 600
# Baths: 0
Unit 2
Unit Description: 2 bedroom rental
Occupied: Yes
Rent $/Month: 1200
# Baths: 1
Unit 3
Unit Description: 2 bedroom rental
Occupied: Yes
Rent $/Month: 1200
# Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 2164
Street Name: Division
Suffix: Avenue
Post Direction: S
State: MI
Zip Code: 49507
Zip (4): 3031
OfficeContract Info
Status: Active
Current Price: $295,000
List Price: $295,000
Listing Date: 2026-08-31
Remarks Misc
Directions: On division between Burton and Alger
Property Features
Property Use: Investment
Uses: Retail; Other
Business Includes: Other
Construction Type: Frame/Wood
Exterior Material: Vinyl Siding; Wood Siding
Roofing: Composition
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: Cable Available
Heat Source: Natural Gas
Heat Type: Forced Air
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Possession: Close Of Escrow
Listing Office: Keller Williams GR East
Listing Agent: Jeffrey Bode
Last Updated: October - 26 - 2026
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