About This Home

This 0-bedroom, 2-bathroom commercial at 4342 Division Avenue S in Grand Rapids, MI is listed for $450,000 ($83 per sqft). Built in 1940, the home offers 5,408 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1940
  • 0.17 acre lot

Property Details

1 story
2 full
1940
Listing 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!

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

4342 Division Avenue S

Grand Rapids, MI 49548

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 0-bedroom, 2-bathroom commercial at 4342 Division Avenue S is listed at $450,000 ($83/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.17 acre lot.

This property is listed by Chad Monroe.

CM

Chad Monroe

Agent at Rise Realty Group

Listed by Rise Realty Group · Broker phone: 616-227-0744 · View on Broker Site

MLS# 26026131· Source: Michigan Regional Information Center, LLC.· 153 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4342 Division Avenue S, Grand Rapids, MI 49548

Open this listing in: