# 4342 Division Avenue S, Grand Rapids, MI 49548

> **TL;DR:** 0bd/2ba commercial, $450,000 ($83/sqft), built 1940, 5,408 sqft. Est. $1,950/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $450,000 |
| Price/sqft | $83 |
| Bathrooms | 2 full |
| Square Feet | 5,408 |
| Year Built | 1940 |
| Lot Size | 7,405 sqft (0.17 acres) |
| Stories | 1 |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,950 |
| **Total** | **$1,950** |

## Property Highlights

- Built in 1940
- 0.17 acre lot

## Description

### Agent 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 | 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!

## Location

- **Address:** 4342 Division Avenue S, Grand Rapids, MI 49548
- **County:** Kent
- **Coordinates:** 42.884714, -85.664304
- **Google Maps:** https://www.google.com/maps?q=42.884714,-85.664304

## Listing Agent

- **Name:** Chad Monroe
- **Brokerage:** Rise Realty Group
- **Phone:** 6164394653
- **Email:** realchadmonroe@gmail.com

## Primary Photo

![4342 Division Avenue S - Primary Photo](http://lh.rdcpix.com/2c81ebcd090f6eb7a24161aa643ee3ebl-f2766453554r.jpg)

---

**MLS#:** 26026131 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/4342-division-avenue-s-grand-rapids-mi-49548-26026131)

---

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