2140 S. Division Ave

Retail-Commercial for Sale
Catylist Listing ID: 29972990
Property Subtypes: Retail-Pad
Building Size (RSF): 11,320 SF
Gross Building Area: See Agent
Gross Land Area: 0.29 Acres
Sale Price: $350,000
Unit Price: $30.92 PSF
Ceiling: 12 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2017

Overview / Comments

Over 11,000 SF available for purchase along S. Division Avenue. This two story building is great for mix-use redevelopment, rental income potential, or a complete teardown for retail pad. City zoning is TN-TBA, which allows various uses. Site provides excellent frontage and visibility. On-site parking available and building within a mile from expressway. Upper level includes a walkout balcony, fully furnished kitchen and bathroom with plenty of rooms as potential office space. Building also has a large, high ceiling basement for storage. Adjacent parcel at 2150 Division S also listed for sale.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: S 131 Corridor
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-18-07-103-032 & -006
Zoning: TN-TBA
Property Located Between: Melville & Kirtland
Feet of Frontage: 82
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1937
Year Renovated: 2015
Lot Frontage: 82
Lot Depth: 128
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,097 151,554 321,997
Median Age: 27.21 31.26 33.3
Households: 7,144 55,492 122,693

Contact

Photograph of Listing Agent

Joe Rizqallah

Signature Associates
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