Company Logo
SIGN UP LOG IN

6 Total Photos [Click to View All]

4342 Division Avenue S
Grand Rapids, MI 49548

$450,000 - Status: Active
MLS# 26026131

Investment Opportunity! Fully Leased Multi-Tenant Retail/Commercial! Fully occupied, income-producing commercial property in one of the Grand Rapids metros 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 SFUnits: 2 -- both fully leasedUnit 1: 3,224 SF | $2,000/month | 3% annual increaseUnit 2: 2,184 SF | $1,400/month | 3% annual increaseCombined Monthly Income: $3,400 | Annual Income: $40,800Tenant Expense Structure: Gross modified - tenants responsible for all utilitiesLease Escalations: Built-in 3% annual increases on both units, providing consistent rent growth and inflation protectionWhy This Property:With both units occupied and income flowing immediately, this is a true turnkey investment!

Property Features

MLS#: 26026131
Zip: 49548
Subdivision:
Development: City Of Kentwood
Property Type: Commercial - Retail
Days on Site: 16
Heating: Forced Air
Lot Size: 0.17 acres
Taxes: $6,405
Year Built: 1940

Feature Descriptions

Business Type: Other, Professional/Office, Professional Service, Restaurant, Storage, Retail
Exterior: Brick
Lot Dimensions: IRR
Parcel Number: 41-18-19-353-002
Road Surface: Paved
Sub Type: Retail
Tenant Pays: Electric, Gas, Sewer, Trash, Water
Units: 2
Utilities: Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Storm Sewer

Local Schools

School District: Kelloggsville

4342 Division Avenue S | MLS# 26026131

This commercial property located at 4342 Division Avenue S, Grand Rapids, MI 49548 is currently listed for sale with an asking price of $450,000. Division Avenue S is located within the Kelloggsville school district. Search Grand Rapids real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Rise Realty Group
Agent Name: Chad Monroe
Agency Phone: 616-227-0744

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

IDX logoThe property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 06/18/2026.

Ask a Question

Ask a Question
  1. Select an Agent

Login to My Homefinder

Pixel