2960 Division Avenue S, Grand Rapids, MI 49548
COMMERCIAL - Grand Rapids, MI
- Added:
- Jan 1, 2026
- Days on Market:
- 184
- Last Refresh:
- Jul 4 at 3:06 am
Property Features for 2960 Division Avenue S
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Interior features
- Broadband
- Standard status
- Active
- APN
- 41-18-18-103-037
- Size
- 2,416 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOTS 1 & 2 BLK 3. PENNELL PARK
- Tax Annual Amount
- 5368
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
Building Details
- Year built
- 1961
- Number of units
- 1
Listing agent G.Larry Branscombe (616) 299-6846
Listing office Keller Williams Realty Rivertown 4301 Canal SW, Grandville, MI (616) 288-3244
Listing date Jan 1, 2026
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 14,636 SF land with an updated 2,416 SF building on a high‑visibility corner location
- Currently operating as a car dealership and auto repair shop; lift included (other F & F equipment available for purchase)
- Forced air heating and broadband available
- Cable available
- Year built: 1961
- Dealers license is not included in the sale
Overview
Located at 2960 Division Avenue S in Grand Rapids (Kent County), the site is positioned for visibility and convenient customer access. The corner configuration supports practical ingress and egress for vehicles, making it well-suited for owner-operator operations that require on-site handling and movement.
For an owner-operator or buyer seeking an automotive-focused location, the combination of an updated building, included lift, and corner access can help streamline day-to-day operations. The property’s layout and current setup support both sales and service activities, while the availability of additional fixtures and equipment for purchase allows customization based on the incoming operator’s needs.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.1k | $21.96 |
| − Vacancy | −$3.0k | −$1.25 |
| EGI | $50.0k | $20.71 |
| − OpEx | −$15.0k | −$6.21 |
| NOI | $35.0k | $14.50 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- South Division Auto Repair — 2555 Division Ave S, Grand Rapids, MI 49507
- Corral Tire Shop — 2332 Division Ave S, Grand Rapids, MI 49507
- Rapid auto repair & collision — 2531 Division Ave S, Grand Rapids, MI 49507
- brockers body shop — 2271 Stafford Ave SW, Grand Rapids, MI 49507
- Luna Mofles Brakes — 1135 South Division, Grand Rapids, MI 49507
Location Insight
- Map
- Local Demand
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Longitude
- -85.665394
- Latitude
- 42.909602
