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    5500 Division Ave S Grand Rapids, MI 49548

    For Sale
    $799,000

    16,992 SF building suitable for retail, office, or medical use.

    Lot size:
    1.40 Acres

    Property Features for 5500 Division Ave S

    General Information

    Lot size
    1.40 Acres

    Source: Martin Commercial Properties Agent Blake Rosekrans

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

    Overview

    Retail, Office, Medical Office Building

    This 16,992 square-foot building is suitable for retail, office, or medical office use. The property features large, open areas suitable for a showroom or cubicles, with several offices located in the rear. Perimeter windows and glass doors provide abundant natural light. It is equipped with a wet sprinkler system. The roof has been recently replaced. Ample lighted doorstep parking is available. Recent renovations include new tenant build-outs.
    Location Intelligence

    Current Use by Public Records

    PLOUTOS ARCADE Casino LibertyX Bitcoin ATM Atm First Trust Home ... Home Health Care Service

    Suggested Use

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

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

    Similar Places Nearby

    La Casa De La Cobija, Southwest Tile & Carpets

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.663199
    Latitude
    42.863715

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    FAQs

    What type of property is this?
    Showroom - 16,992 SF building suitable for retail, office, or medical use.
    Where is this showroom located?
    The property is located at 5500 Division Ave S Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - 16,992 SF building ideal for retail, office, or medical office use.; - Large open areas perfect for showroom or cubicles.; - Abundant natural light from perimeter windows and glass doors.
    (616) 690-3283
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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
    5500 Division Ave S Grand Rapids, MI 49548
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