Automotive Service and
4201 Division Avenue S Grand Rapids, MI 49548
4201 Division Avenue S, Grand Rapids, MI, 49548
$850,000
For Sale
$850,000
COMMERCIAL - Grand Rapids, MI
Property Size2,578 SF
Lot Size0.44 Acres
Price / SF$329.71
Days on Market12
Property Features for 4201 Division Avenue S
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Interior features
- Broadband
- Standard status
- Active
- APN
- 41-17-24-477-032
- Size
- 2,578 SF
- Lot size
- 0.44 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT:1-2,4 DIST:93 CITY/MUNI/TWP:WYOMING CITY 411724477032 LOTS 1 & 2 EX E 17 FT & E 1/2 OF THAT PART OF VACATED PORTION
- Tax Annual Amount
- 5306
Utilities
- Utilities
- Cable Available
- Heating system
- Space Heater, Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1940
- Number of units
- 3
- Building materials
- Block, Vinyl Siding
- Roof type
- Rubber
Listing agency
ADT Realty
(260) 444-7440
Listed by
John D DeBlaay
(616) 318-2000
Added: Jul 11 Checked: Jul 22 at 10:06PM
MLS# 26035481
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 for-sale automotive property is currently used and leased across multiple operations, including a car dealership, an auto mechanical garage, and a tire/detail shop. The sale also includes many business-related assets, supporting continuity for a qualified buyer.
The property is located at 4201 Division Avenue S in Grand Rapids, Michigan (49548), on a 0.44-acre lot. The building measures 2,578 square feet.
The existing configuration combines dealership and service functions under one roof, aligning with automotive tenants and buyers seeking a multi-use setup within an active operations environment.
The property is located at 4201 Division Avenue S in Grand Rapids, Michigan (49548), on a 0.44-acre lot. The building measures 2,578 square feet.
The existing configuration combines dealership and service functions under one roof, aligning with automotive tenants and buyers seeking a multi-use setup within an active operations environment.
Key Highlights
- 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
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 | $56.6k | $21.96 |
| − Vacancy | −$3.2k | −$1.25 |
| EGI | $53.4k | $20.71 |
| − OpEx | −$16.0k | −$6.21 |
| NOI | $37.4k | $14.50 |
2,578 SF · lease $21.96/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$533.9K
$467.1K – $622.8K
NOI $37,370 @ 7.0% cap · market cap 4.40%
Second Best
Industrial
$384.1K
$336.1K – $448.1K
NOI $26,885 @ 7.0% cap · market cap 3.16%
Theoretical Best
Specialty Retail
$598.3K
$523.5K – $698.0K
NOI $41,880 @ 7.0% cap · market cap 4.93%
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
- Dealers Choice Auto Body & Mechanical — 4609 Division Ave S, Grand Rapids, MI 49548
- SP Auto Solutions — 4563 division ave s, grand rapids, mi 49548
- ignition — 149 Crown St SW, Wyoming, MI 49509
- AB Spring Service Inc — 4537 Roger B Chaffee Memorial Blvd SE, Grand Rapids, MI 49548
- Image Towing Service
FAQs
What type of property is this?
Auto shop - Property currently used and leased as a car dealership, auto mechanical garage, and tire/detail shop.
Where is this auto shop located?
The property is located at 4201 Division Avenue S Grand Rapids, MI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 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
