Historic Four-Floor Mixed-Use
For Sale
$2,790,000
Pending
111 Division Avenue S, Grand Rapids, MI 49503
COMMERCIAL - Grand Rapids, MI
Property Size47,647 SF
Lot Size0.40 Acres
Days on Market3312
Property Features for 111 Division Avenue S
General Information
Property type
Commercial Sale
Property subtype
Retail
Elementary school district
Grand Rapids
Middle school district
Grand Rapids
High school district
Grand Rapids
Directions
On the west side of S. Division Ave, North of Cherry St. and South of Oakes St.
Subdivision
Grand Rapids - G
Standard status
Pending
APN
411325439006
Size
47,647 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Year
2016
Tax Description
Kent Plat Division Street
Tax Annual Amount
49992
Legal Description
Kent Plat Division Street
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
Listing Agency:
M. Shapiro Real Estate Group
(248) 865-0066
Listed By:
James Galbraith
(248) 865-0066
Added: Jul 25, 2017
Changed: Aug 4
Last Checked: Aug 18 at 8:06AM
MLS# 17039787
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Investment Insights
Based on property information with market context.
The Harris Lofts Building is a four-floor mixed-use property totaling 38,775 square feet, including a 10,537-square-foot finished basement. Built in 1888, the building features wood flooring, exposed brick, forced-air heating, central air, and a rubber roof. The layout supports retail, office, restaurant, banquet, event, and gallery space.
The sale combines 111, 115, and 117 S. Division Ave as three contiguous properties in downtown Grand Rapids. The property is within walking distance of Van Andel Arena, Grand Rapids Public Museum, and Heartside Park. The 115 S. Division building adds 1,055 square feet of first-floor commercial space, a 1,080-square-foot second-floor one-bedroom, one-bath apartment, and a 1,080-square-foot walkout lower level with storage, garage space, and one overhead door.
The sale combines 111, 115, and 117 S. Division Ave as three contiguous properties in downtown Grand Rapids. The property is within walking distance of Van Andel Arena, Grand Rapids Public Museum, and Heartside Park. The 115 S. Division building adds 1,055 square feet of first-floor commercial space, a 1,080-square-foot second-floor one-bedroom, one-bath apartment, and a 1,080-square-foot walkout lower level with storage, garage space, and one overhead door.
Key Highlights
- 38,775 SF mixed‑use building with a 10,537 SF finished basement
- Four floors with retail, office, restaurant, banquet, event, and gallery space
- Sale includes 111, 115 & 117 S. Division Ave as three contiguous properties
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,384
Businesses Nearby
Explore this area
Business Placement
Demographics for 49503, MI
39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Multi-level commercial space accommodates retail, office, restaurant, event, and gallery uses in a character-rich setting.
Where is this mixed-use property located?
The property is located at 111 Division Avenue 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: 38,775 SF mixed‑use building with a 10,537 SF finished basement; Four floors with retail, office, restaurant, banquet, event, and gallery space; Sale includes 111, 115 & 117 S. Division Ave as three contiguous properties
