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    Grand Rapids Investment Opportunity
    Updated: Sep 16, 2024
    Grand Rapids Investment Opportunity

    820 S Division Avenue, Grand Rapids, MI 49507

    $890,000
    4,908 sqft · 0.54 AC lot
    High‑traffic location with great visibility.
    Ample parking space.
    Two buildings: a 3,900 sqft main building and a 1,008 sqft stand‑alone building.
    Main building currently used as a tire shop/auto service.
    Stand‑alone building with endless use possibilities.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    820 S Division Avenue, Grand Rapids, MI 49507

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    • Est. Cap Rate

      5.8%
      NOI ÷ price

    • Est. NOI

      $51K
      Annual

    • Price @ 7% Cap

      $731K
      Suggested

    • Last Sold

      Aug 2023
      $240K

    • Property Type

      Auto Repair, Garage
      Built 2001
    View Property Analytics
    Corner Auto Service and Showroom
    Updated: Jan 1
    Corner Auto Service and Showroom

    2960 Division Avenue S, Grand Rapids, MI 49548

    $600,000
    2,416 sqft · 0.34 AC lot
    14,636 SF land with an updated 2,416 SF building on a high‑visibility corner location
    Currently operating as a car dealership and auto repair shop; lift included (other F & F equipment available for purchase)
    Forced air heating and broadband available
    Cable available
    Year built: 1961
    View details
    Grand Rapids Investment Opportunity
    Grand Rapids Investment Opportunity

    820 S Division Avenue, Grand Rapids, MI 49507

    $890,000
    4,908 sqft · 0.54 AC lot

    Two buildings with high traffic, great visibility, and ample parking.

    View details
    Grand Rapids Automotive Investment Opportunity
    Grand Rapids Automotive Investment Opportunity

    4329 Plainfield Ave NE, Grand Rapids, MI 49525

    $3,370,000
    5,810 sqft

    Net leased automotive property with long-term corporate lease.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Commercial Auto Shop on Michigan
    Commercial Auto Shop on Michigan

    800-806 Michigan Street NE, Grand Rapids, MI 49503

    Contact for pricing

    Commercial auto shop with hoists and overhead doors available.

    View details
    Retail
    Retail

    2203 Division Ave S, Grand Rapids, MI 49507

    $350,000
    1,840 sqft

    Auto shops · 1,840 SF

    View details
    Turn-Key Auto Repair Portfolio
    Turn-Key Auto Repair Portfolio

    3300 28th St SE, Grand Rapids, MI

    Contact for pricing
    0.53 AC lot

    10-Unit auto repair portfolio in Kentwood, Michigan for sale.

    View details
    Based on your search, we've compiled 64 Potential Opportunities for your consideration. Besides 7 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 49 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Wyoming Commercial Building For Sale
    Wyoming Commercial Building For Sale

    1331 Chicago Dr SW, Wyoming, MI 49509

    $110,000
    1,254 sqft

    1,254 SF commercial building with flexible layout and overhead door.

    View details
    Commercial
    Commercial

    2960 Division Ave S, Wyoming, MI 49548

    $600,000
    2,416 sqft · 0.34 AC lot

    Automotive properties · 2,416 SF

    View details
    Comstock Park Auto Services Opportunity
    Comstock Park Auto Services Opportunity

    4765 West River Drive NE, Comstock Park, MI 49321

    $825,000

    Established auto services business, building, land, and inventory for sale.

    View details
    Prime Commercial Auto Shop
    Prime Commercial Auto Shop

    4411 Alpine Ave NW, Comstock Park, MI 49321

    Contact for pricing

    Commercial auto shop on busy Alpine Avenue near I-96.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Major Retailers
    Commercial Land Near Major Retailers

    14115 Edgerton Avenue NE, Cedar Springs, MI 49319

    $350,000
    2.41 AC lot

    2.41 acre commercial land parcel near ALDI's and Meijer.

    View details
    Battle Creek Commercial Opportunity
    Battle Creek Commercial Opportunity

    750 Michigan Avenue, Battle Creek, MI 49037

    $599,900
    10,756 sqft · 1.30 AC lot

    Commercial property on Michigan Ave with two metal buildings.

    View details
    Battle Creek Commercial Land Opportunity
    Battle Creek Commercial Land Opportunity

    1399 E Michigan Avenue, Battle Creek, MI 49014

    $450,000
    3.02 AC lot

    3.02 acres of vacant land suitable for development.

    View details
    Commercial Land on Adrian Highway
    Commercial Land on Adrian Highway

    3264 N Adrian Highway, Adrian, MI 49221

    $299,900
    3.43 AC lot

    Commercial Highway Zoned lot with high traffic counts on M-52.

    View details

    Off-Market Properties in Grand Rapids, MI

    Consider similar Off-Market properties in Grand Rapids, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2241 Alpine NW Ave
    AUTO REPAIR, GARAGE

    2241 Alpine NW Ave, Grand Rapids, MI 49544-1952

    Value Estimation by Request
    1,999 sqft · 0.65 AC lot
    View details
    3171 4th Mile NW Rd
    AUTO REPAIR, GARAGE

    3171 4th Mile NW Rd, Grand Rapids, MI 49544-9401

    $985,000
    Estimated value
    19,688 sqft · 3.32 AC lot
    View details
    7352 Division S Ave
    AUTO REPAIR, GARAGE

    7352 Division S Ave, Grand Rapids, MI 49548-7136

    Value Estimation by Request
    2,312 sqft · 0.10 AC lot
    View details
    6640 Division S Ave
    AUTO REPAIR, GARAGE

    6640 Division S Ave, Grand Rapids, MI 49548-7834

    Value Estimation by Request
    1,980 sqft · 0.23 AC lot
    View details
    1205 Burton SE St
    AUTO REPAIR, GARAGE

    1205 Burton SE St, Grand Rapids, MI 49507-3301

    Value Estimation by Request
    3,096 sqft · 0.29 AC lot
    View details
    305 Lk Michigan NW Dr
    AUTO REPAIR, GARAGE

    305 Lk Michigan NW Dr, Grand Rapids, MI 49534

    $1,320,000
    Estimated value
    23,134 sqft · 3.56 AC lot
    View details
    7746 Division S Ave
    AUTO REPAIR, GARAGE

    7746 Division S Ave, Grand Rapids, MI 49548-7226

    Value Estimation by Request
    6,480 sqft · 3.19 AC lot
    View details
    7744 Division S Ave
    AUTO REPAIR, GARAGE

    7744 Division S Ave, Grand Rapids, MI 49548-7238

    $595,000
    Estimated value
    9,600 sqft · 1.81 AC lot
    View details
    2121 Kalamazoo SE Ave
    AUTO REPAIR, GARAGE

    2121 Kalamazoo SE Ave, Grand Rapids, MI 49507-3723

    Value Estimation by Request
    2,460 sqft · 0.24 AC lot
    View details
    501 Leonard NW St
    AUTO REPAIR, GARAGE

    501 Leonard NW St, Grand Rapids, MI 49504

    Value Estimation by Request
    2,145 sqft · 0.16 AC lot
    View details
    7310 Division S Ave
    AUTO REPAIR, GARAGE

    7310 Division S Ave, Grand Rapids, MI 49548-7136

    Value Estimation by Request
    3,621 sqft · 0.47 AC lot
    View details
    7364 Division S Ave
    AUTO REPAIR, GARAGE

    7364 Division S Ave, Grand Rapids, MI 49548-7163

    Value Estimation by Request
    3,000 sqft · 0.31 AC lot
    View details
    6980 Division S Ave
    AUTO REPAIR, GARAGE

    6980 Division S Ave, Grand Rapids, MI 49548-7178

    Value Estimation by Request
    4,192 sqft · 0.24 AC lot
    View details
    7876 Division S Ave
    AUTO REPAIR, GARAGE

    7876 Division S Ave, Grand Rapids, MI 49548-7228

    Value Estimation by Request
    7,168 sqft · 1.48 AC lot
    View details
    6600 Division S Ave
    AUTO REPAIR, GARAGE

    6600 Division S Ave, Grand Rapids, MI 49548-7806

    Value Estimation by Request
    4,305 sqft · 1.16 AC lot
    View details
    2189 Avastar NW Pkwy, Unit 2
    AUTO REPAIR, GARAGE

    2189 Avastar NW Pkwy, Grand Rapids, MI 49544-1979

    Unit 2
    $955,000
    Estimated value
    15,444 sqft · 1.74 AC lot
    View details
    7202 Division S Ave
    AUTO REPAIR, GARAGE

    7202 Division S Ave, Grand Rapids, MI 49548-7126

    Value Estimation by Request
    2,209 sqft · 0.24 AC lot
    View details

    Grand Rapids, MI Auto Shops Market Trends and Statistics

    Explore 56 auto shops for sale in Grand Rapids, MI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 17,466 square feet of properties for sale, with an estimated market value of $5,500,000.

    Sale prices for auto repair shops in Grand Rapids, MI start at $350,000, averaging $1,375,000, and reaching up to $3,370,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 7

    Demographics Overview

    Population 434K
    Population Growth (5Y) +2.4%
    Median Household Income $74,271
    College Educated 24.5%

    High-Yield Neighborhoods for Investment

    Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49548 $600K
    49507 $710K
    49525 $3.4M

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $44.85 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kent County

    Retail

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Grand Rapids fall within the 2,500 to 5,000 square foot range.

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