Corner Auto Service and
2960 Division Avenue S Grand Rapids, MI 49548
2960 Division Avenue S, Grand Rapids, MI, 49548
$600,000
For Sale
$600,000
COMMERCIAL - Grand Rapids, MI
Property Size2,416 SF
Lot Size0.34 Acres
Price / SF$248.34
Days on Market202
Property Features for 2960 Division Avenue S
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Interior features
- Broadband
- Standard status
- Active
- APN
- 41-18-18-103-037
- Size
- 2,416 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOTS 1 & 2 BLK 3. PENNELL PARK
- Tax Annual Amount
- 5368
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
Building Details
- Year built
- 1961
- Number of units
- 1
Listing agency
Keller Williams Realty Rivertown
(616) 288-3244
Listed by
G.Larry Branscombe
(616) 299-6846
Added: Jan 1 Updated: Jul 2 at 8:56AM Checked: Jul 22 at 3:06PM
MLS# 26000104
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This updated corner building supports automotive-related uses, currently operating as a car dealership and an auto repair shop. The sale does not include the dealer’s license. The property includes a lift for repair work, and other fixtures and equipment are available for purchase separately. The improvements total 2,416 square feet, situated on 14,636 square feet of land (0.34 acres).
Located at 2960 Division Avenue S in Grand Rapids (Kent County), the site is positioned for visibility and convenient customer access. The corner configuration supports practical ingress and egress for vehicles, making it well-suited for owner-operator operations that require on-site handling and movement.
For an owner-operator or buyer seeking an automotive-focused location, the combination of an updated building, included lift, and corner access can help streamline day-to-day operations. The property’s layout and current setup support both sales and service activities, while the availability of additional fixtures and equipment for purchase allows customization based on the incoming operator’s needs.
Located at 2960 Division Avenue S in Grand Rapids (Kent County), the site is positioned for visibility and convenient customer access. The corner configuration supports practical ingress and egress for vehicles, making it well-suited for owner-operator operations that require on-site handling and movement.
For an owner-operator or buyer seeking an automotive-focused location, the combination of an updated building, included lift, and corner access can help streamline day-to-day operations. The property’s layout and current setup support both sales and service activities, while the availability of additional fixtures and equipment for purchase allows customization based on the incoming operator’s needs.
Key Highlights
- 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
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.1k | $21.96 |
| − Vacancy | −$3.0k | −$1.25 |
| EGI | $50.0k | $20.71 |
| − OpEx | −$15.0k | −$6.21 |
| NOI | $35.0k | $14.50 |
2,416 SF · lease $21.96/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$500.3K
$437.8K – $583.7K
NOI $35,022 @ 7.0% cap · market cap 5.84%
Second Best
Industrial
$359.9K
$314.9K – $419.9K
NOI $25,195 @ 7.0% cap · market cap 4.20%
Theoretical Best
Specialty Retail
$560.7K
$490.6K – $654.1K
NOI $39,248 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Elvis Auto Service — wyoming, mi 49548
- Superior Tire & Auto Care Center — 3364 division ave s, wyoming, mi 49548
- Autotronic Performance — 3364 Division Ave S, Grand Rapids, MI 49548
- Chun Auto Repair — 3322 Division Ave S, Grand Rapids, MI 49548
- Excel Trucking, LLC — 3470 roger b chaffee memorial blvd se, grand rapids, mi 49548
FAQs
What type of property is this?
Auto shop - Updated corner property set up for vehicle sales and repair with included lift and straightforward ingress/egress.
Where is this auto shop located?
The property is located at 2960 Division Avenue S Grand Rapids, MI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 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
