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Brick Live-Work Building
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24 S Division Avenue, Grand Rapids, MI 49503

Three-level mixed-use property with office, apartment, and owner-user options in a downtown setting.

Property SizeContact for details
Days on Market144

Property Features for 24 S Division Avenue

General Information

Standard status Active
Property subtype Office

Building Details

Buildings 1
Construction brick
Listing Agency: Signature Associates
Listed By: Joe Rizqallah · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 5:19AM

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.

This stand-alone brick building offers a mixed-use configuration across three levels. The ground floor is occupied by a current tenant and can also support an owner-user arrangement. The recently remodeled second floor has been opened for office use, with the option to convert it into an apartment. A two-bedroom, one-bath apartment occupies the third floor and includes plumbing for an additional half bathroom.

The property is located at 24 S. Division Avenue in Downtown Grand Rapids, directly across from Van Andel Arena and a new 23-unit apartment complex. The upper-level apartment includes steel stairs that provide an emergency exit or patio-seating option, along with exposure and frontage. The combination of commercial and residential areas supports a live-work format.

Key Highlights

  • Three‑level stand‑alone brick mixed‑use building
  • Remodeled second floor configured for office use or apartment conversion
  • Third‑floor apartment has 2 bedrooms and 1 full bathroom

Property Analytics

Current Use

Lucky's Downtown Market Grocery & Convenience Store Downtown Convenience Store Grocery & Convenience Store ATM Atm LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Locksmith Veterinary Clinic Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

5,211
Businesses Nearby

Demographics for 49503, MI

39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-level mixed-use property with office, apartment, and owner-user options in a downtown setting.
Where is this mixed-use property located?
The property is located at 24 S Division Avenue Grand Rapids, MI.
What are key features of this property?
This property features: Three‑level stand‑alone brick mixed‑use building; Remodeled second floor configured for office use or apartment conversion; Third‑floor apartment has 2 bedrooms and 1 full bathroom
(616) 235-0900 Call to check price and availability
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