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    2040 Division Ave S Grand Rapids, MI 49507

    For Lease
    $13 SF/Yr ($1,336 /Mo)

    COMMERCIAL - Grand Rapids, MI

    Type:Retail
    Property size:
    1,234 SF
    Lot size:
    0.24 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 2040 Division Ave S

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Property condition
    Under Construction
    Standard status
    Active
    APN
    41-18-07-101-010
    Fireplace
    1
    Size
    1,234 SF
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1935
    Number of units
    4

    Green Property Management LLC (866) 954-7336

    Listing agent Stephanie Brooks-Worden (866) 954-7336

    Listing date Nov 20, 2025

    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 Building Reimagined Retail Space

    Located in Grand Rapids, Michigan, this historic building is undergoing a comprehensive renovation, with the ground-floor commercial space expected to reopen in early 2026. The available space, totaling 1234 square feet, is envisioned as a dynamic environment designed to foster connection, collaboration, growth, and creative expression. Situated on a 0.24-acre lot, the property will be delivered as a clean, white-box canvas, ready for customization. There are four spaces available for lease. Custom build-outs can start now in anticipation of the 2026 opening.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.666219
    Latitude
    42.926297

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    FAQs

    What type of property is this?
    Retail space - Iconic Grand Rapids building with fully renovated commercial space for lease.
    Where is this retail space located?
    The property is located at 2040 Division Ave S Grand Rapids, MI.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Iconic historic building, fully reimagined through top-to-bottom renovation.; - Ground-floor commercial space available for lease, reopening early 2026.; - Delivered as a clean white-box canvas, ready for custom build-out.
    (866) 954-7336
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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
    2040 Division Ave S Grand Rapids, MI 49507
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