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    323 Division Ave S Grand Rapids, MI 49503

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    For Lease
    $950 /Mo ($18 SF/Yr)

    Street-level retail space with an open layout and storefront windows.

    Property size:
    622 SF
    Lot size:
    1.62 Acres

    Property Features for 323 Division Ave S

    General Information

    Size
    622 SF
    Lot size
    1.62 Acres

    Source: Fancy Real Estate Agent Mira Densmore

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Division Avenue

    This street-level retail space offers a blend of modern design and cozy charm. The property is located on the South Division corridor and features large storefront windows. The space has an open layout, suitable for boutique retail or creative ventures. The property has a size of 622 square feet.
    Location Intelligence

    Current Use by Public Records

    Herkimer Apartments Apartment Building Umoja Group Social Services Organization Chadd Julian 1440 ... Tax Preparation Service

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.668055
    Latitude
    42.956541

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    FAQs

    What type of property is this?
    Retail space - Street-level retail space with an open layout and storefront windows.
    Where is this retail space located?
    The property is located at 323 Division Ave S Grand Rapids, MI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Located on the lively South Division corridor.; - Ideal setting for boutique retail or creative ventures.; - **Large storefront windows**
    (269) 779-6643
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    323 Division Ave S Grand Rapids, MI 49503
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    Grand Rapids, MI 49503
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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
    323 Division Ave S Grand Rapids, MI 49503
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