1103 Division Ave S

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30715689
Property Subtypes: Free-Standing Building, Retail-Pad
Building Size (RSF): 12,708 SF
Gross Land Area: 0.35 Acres
Sale Price: $750,000
Unit Price: $59.02 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/28/2021

Overview / Comments

First time on market. Iconic Northwestern Auto Supply Co Inc. along busy Division Avenue. This Two-Story brick/wood building on hard corner of Division Avenue and Putnam Street SW. Property sold in "As-is" condition. Property is located within an Opportunity Zone (Census Tract: 26081002800). Property has room on-site parking, two floors for redevelopment. Zoning TN-TBA. Property great for owner/user, general retail, storage/Warehouse and more.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: S 131 Corridor
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-13-36-480-028
Zoning: TN-TBA
Tenancy: Single Tenant
Total Number of Buildings: 1
Year Built: 1890
Year Renovated: 1970
Construction/Siding: Wood Frame
Exterior Description: Brick/Concrete/Metal
Parking Type: Surface
Parking Description: On-Site
Heat Type: Electricity
Heat Source: Baseboard
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,935 160,095 313,803
Median Age: 25.67 30.69 33.46
Households: 7,491 59,454 120,617

Contact

Photograph of Listing Agent

Joe Rizqallah

Signature Associates
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.