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    111 Division Ave S Grand Rapids, MI 49503

    Pending
    For Sale
    $2,790,000

    SINGLE_FAMILY - Grand Rapids, MI

    Type:Retail
    Property size:
    47,647 SF
    Lot size:
    0.40 Acres
    Days on Market:
    1516
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 111 Division Ave S

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Pending
    APN
    411325439006
    Size
    47,647 SF
    Lot size
    0.40 Acres

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1888
    Floors in Building
    4
    Number of units
    3
    Building materials
    Brick, Stone
    Roof type
    Rubber

    M. Shapiro Real Estate Group (248) 865-0066

    Listing agent James Galbraith

    Listing date Oct 18, 2021

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Harris Lofts Building For Sale

    The historic Harris Lofts Building, located in Grand Rapids, MI, offers four unique floors suitable for retail, offices, restaurants, banquets, events, and galleries. The spacious building totals 38,775 square feet and includes a 10,537 square feet finished basement. The available spaces feature wood floors and exposed brick walls, providing remarkable character. The property is within walking distance of Van Andel Arena, Grand Rapids Public Museum, and Heartside Park, among other attractions. The sale includes 111, 115, and 117 S. Division Ave as a bulk sale, as all three properties are contiguous. The included Tax ID numbers are #411325439007 and 411325439009. 115 S. Division is a 2-story mixed-use building with 1,055 square feet of first-floor commercial/retail space and a 1,080 square feet 2nd-floor apartment with 1 bedroom and 1 bath. It also features a 1,080 square feet walkout lower-level storage/garage space with one overhead door. The taxable value for 115 S. Division is $67,347, and the SEV is $86,400. The taxable value for 117 S. Division is $144,464, and the SEV is $185,700. The total property size is 47,647 square feet on a lot of 0.4 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Paul Matthew Media Video Production Service TREEFORT STUDIOS Software Company The Harris Building Event Venue Local First Non-Profit Organization People First Economy Non-Profit Organization

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.668337
    Latitude
    42.960509

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    FAQs

    What type of property is this?
    Retail property - Unique mixed-use building in downtown Grand Rapids, ideal for various businesses.
    Where is this retail property located?
    The property is located at 111 Division Ave S Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $2,790,000.
    What are key features of this property?
    This property features: - Large, historic building offering 38,775 SF, suitable for retail, offices, restaurants, events, and galleries.; - Prime location within walking distance to Van Andel Arena, Grand Rapids Public Museum, Heartside Park, and other attractions.; - Includes three contiguous properties (111, 115 & 117 S. Division Ave) in a bulk sale.
    (248) 865-0066
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Division Ave S Grand Rapids, MI 49503
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