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Freestanding Flex Building
For Lease
$12 SF/Yr

2242 Division Ave S, Grand Rapids, MI 49507

An open showroom connects to adaptable warehouse and work areas, with a grade-level overhead door.

Space Size7,000 SF
Days on Market30

Property Features for 2242 Division Ave S

General Information

Standard status Active
Size 7,000 SF
Net Rentable 7,000 SF
Total Parking Spaces 7
Property subtype Retail
Zoning TBA
Lease Type NNN

Space & Availability

Available Space 7,000 SF
Contiguous Space 7,000 SF
Sublease Yes

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Drive-In Doors 1

Amenities

existing signage infrastructure
powered sign connection
building-mounted signage opportunity

Building Details

Buildings 1
Building Size 7,000 SF
Tenancy Single

Spaces For Lease

at 2242 Division Ave S
Available Space $12/Mo
Contact us
Listing Agency: Bradley Company
Listed By: Katie Lovley · License #6501411222
Source: Carwm.resimplifi
Added: Sep 14 Changed: Oct 13 Last Checked: Oct 13 at 2:35AM

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 Bradley Company

Investment Insights

Based on property information with market context.

This freestanding flex building combines an open showroom with warehouse and work areas. The property contains approximately 7,000 square feet and includes a 9-foot grade-level overhead door. Sign infrastructure includes a powered connection and an opportunity for building-mounted signage. Seven on-site parking spaces are available.

The building is on Division Avenue in Grand Rapids, near the 28th Street commercial corridor, with access to US-131. It is available for sublease, and the zoning designation is listed as TBA.

Key Highlights

  • Approximately 7,000 SF freestanding building
  • Open showroom with flexible warehouse and work areas
  • 9‑foot grade‑level overhead door

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Grand Rapids, MI

$9.97 /SF/Yr
Avg Asking Price
$3.81–$20 /SF/Yr
Price Range
27,594 SF
Avg Space Size

This space is priced 20% above the average of $9.97 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - An open showroom connects to adaptable warehouse and work areas, with a grade-level overhead door.
Where is this flex space located?
The property is located at 2242 Division Ave S Grand Rapids, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Approximately 7,000 SF freestanding building; Open showroom with flexible warehouse and work areas; 9‑foot grade‑level overhead door
More about this property
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