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!
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
![]() | The 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. |
Send an email with a link to
4342 Division Avenue S, Grand Rapids, MI 49548.
Contact an agent to learn more about
4342 Division Avenue S, Grand Rapids, MI 49548.
Thank you for your inquiry! As a thank you, we have a Special Mortgage Offer for You.
We would like to provide you a free, no-obligation, home loan pre-approval review.
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.