Division Avenue Commercial Building For
For Sale
$975,000
Pending
1001 Division Ave S, Grand Rapids, MI 49507
Renovated commercial building with ample parking and high-traffic frontage.
Property Size9,696 SF
Lot Size0.50 Acres
Days on Market195
Property Features for 1001 Division Ave S
General Information
Standard status
Pending
Size
9,696 SF
Lot size
0.50 Acres
Property subtype
Retail
Zoning
TBA
Amenities
Power
Water
Sewer
Natural Gas
Building Details
Year Built
1930
Listing Agency:
Signature Associates
Listed By:
Joe Rizqallah
(616) 235-6007
Source:
Carwm.resimplifi
Added: Mar 26
Changed: Sep 29
Last Checked: Oct 5 at 3:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates
Investment Insights
Based on property information with market context.
Constructed in 1930 and renovated in 2009, this commercial building offers substantial parking and prominent frontage on a busy avenue. Situated on slightly over half an acre, the property's zoning permits a range of potential uses, including live-work spaces, multi-family residences, community centers, medical facilities, rehabilitation centers, churches, and schools. The building has received approval for use as a cannabis testing facility or secure transport facility. Located within the SouthTown corridor improvement authority development plan, the property presents diverse opportunities for prospective buyers. The building is located on Division Avenue in Grand Rapids, MI.
Key Highlights
- Approved for cannabis testing/secure transport facility.
- TN‑TBA zoning allows for diverse uses including live‑work, multi‑family, and medical.
- Sits within the SouthTown corridor improvement authority development plan.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
745
Businesses Nearby
Explore this area
Business Placement
Demographics for 49507, MI
38,137
Population
13,773
Households
2.8
Avg Household Size
30
Median Age
27%
College-Educated
78%
High-School Grad
5.5 sq mi
ZIP Area
6,934
Density / Sq Mi
$56,578
Median Household Income
$34,939
Median Earnings
$1,114
Median Rent
$179,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Renovated commercial building with ample parking and high-traffic frontage.
Where is this live-work space located?
The property is located at 1001 Division Ave S Grand Rapids, MI.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Approved for cannabis testing/secure transport facility.; TN‑TBA zoning allows for diverse uses including live‑work, multi‑family, and medical.; Sits within the SouthTown corridor improvement authority development plan.
