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    Grand Rapids, MI Automotive Properties for Sale

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    Grand Rapids Investment Opportunity
    Updated: Sep 17, 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.
    Two buildings: 3,900 sqft main building and 1,008 sqft stand‑alone building.
    Ample parking space.
    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

      8%
      Above avg (5.9%)

    • Est. NOI

      $71K
      Annual

    • Price @ 7% Cap

      $1.02M
      Above asking

    • Last Sold

      Aug 2023
      $240K

    • Property Type

      Auto Repair, Garage
      Built 2001
    View Property Analytics
    Automotive Service and Dealership
    Updated: Jul 11
    Automotive Service and Dealership

    4201 Division Avenue S, Grand Rapids, MI 49548

    $850,000
    2,578 sqft 0.44 AC lot
    Used and leased as a car dealership, auto mechanical garage, and tire/detail shop
    Many business‑related assets included in the sale
    Block and vinyl siding construction with a rubber roof
    Heating includes forced air and space heater; cooling includes window unit(s)
    Utilities include cable available; broadband available
    View details
    Corner Auto Service and Showroom
    Corner Auto Service and Showroom

    2960 Division Avenue S, Grand Rapids, MI 49548

    $600,000
    2,416 sqft 0.34 AC lot

    Updated corner property set up for vehicle sales and repair with included lift and straightforward ingress/egress.

    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
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Corner Auto Repair and Showroom
    Corner Auto Repair and Showroom

    2960 Division Avenue Unit SourceFi, Grand Rapids, MI 49548

    $600,000
    2,416 sqft 0.34 AC lot

    Updated building with a lift and favorable corner ingress/egress, currently used for auto repair and car sales.

    View details
    Automotive Service and Retail Space
    Automotive Service and Retail Space

    4201 Division Avenue S, Grand Rapids, MI 49548

    $850,000
    2,578 sqft

    Property is currently operated and leased as a car dealership, auto mechanical garage, and tire/detail shop.

    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.

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    Retail
    Retail

    2203 Division Ave S, Grand Rapids, MI 49507

    $350,000
    1,840 sqft

    Auto shops · 1,840 SF

    View details
    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
    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 72 Potential Opportunities for your consideration. Besides 10 Active listings in Grand Rapids, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 54 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.

    Casnovia Commercial Opportunity on M-37
    Casnovia Commercial Opportunity on M-37

    75 N Newaygo Road, Casnovia, MI 49318

    $509,900
    8,184 sqft 3.67 AC lot

    Business opportunity on M-37 near recreational areas.

    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
    M-37 Road Business Opportunity
    M-37 Road Business Opportunity

    6575 N Newaygo Road, Casnovia, MI 49318

    $724,900
    3.67 AC lot

    Business opportunity on M-37 near recreational areas with residential potential.

    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.

    Commercially Zoned Development Land
    Commercially Zoned Development Land

    435 28th Street, Grand Rapids, MI 49548

    $399,000
    0.97 AC lot

    Commercially zoned land site offered for shopping center, fast food, or service station development.

    View details
    Walker Corner Parcel For Sale
    Walker Corner Parcel For Sale

    4417 Remembrance Road Northwest, Grand Rapids, MI 49534

    $99,000
    37,897 sqft 0.87 AC lot

    0.87-acre commercial development opportunity in Walker, Michigan.

    View details
    Retail Outlot Adjacent to Tanger
    Retail Outlot Adjacent to Tanger

    670 84th Street SW, Byron Center, MI 49315

    $995,000
    3.71 AC lot

    3.71 acre retail/restaurant outlot near US-131 and Tanger Outlets.

    View details
    Prime Land in Byron Center
    Prime Land in Byron Center

    82-136 100th Street, Byron Center, MI 49315

    $1,995,000
    3.20 AC lot

    Versatile land with high traffic, ideal for various commercial uses.

    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

    Grand Rapids, MI Automotive Properties Market Trends and Statistics

    Explore 64 automotive properties for sale in Grand Rapids, MI, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 25,038 square feet of properties for sale, with an estimated market value of $7,800,000.

    Sale prices for automotive businesses in Grand Rapids, MI start at $350,000, averaging $1,114,285, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 10

    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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    Most Searched ZIP Codes in Grand Rapids, MI

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