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    Division Ave S 2301 Grand Rapids, MI 49503

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    For Sale
    $230,000

    Retail property for sale, suitable for redevelopment or renovation.

    Lot size:
    0.21 Acres

    Property Features for Division Ave S 2301

    General Information

    Lot size
    0.21 Acres

    Source: Signature Associates Agent Joe Rizqallah

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

    Overview

    Retail Property on Division Avenue

    This retail property is available for sale in as-is condition. The site experienced a fire and partial roof collapse, rendering it currently inaccessible. The property presents opportunities for rehabilitation and renovation, or complete demolition for redevelopment. Potential uses include mixed-use developments, retail spaces with on-site parking, small office spaces, cafes, and auto retailers.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.667622
    Latitude
    42.964194

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    FAQs

    What type of property is this?
    Retail property - Retail property for sale, suitable for redevelopment or renovation.
    Where is this retail property located?
    The property is located at Division Ave S 2301 Grand Rapids, MI.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: - Opportunity for complete demolition and redevelopment.; - Potential for a variety of uses including mix-use, retail, office, café, or auto retailer.; - On-site parking potential.
    (616) 822-6310
    Request Owner's contact information
    Division Ave S 2301 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
    Division Ave S 2301 Grand Rapids, MI 49503
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