Flexible Commercial Flex
For Sale
$769,900
4130 44th St SE, Kentwood, MI 49512
Versatile commercial property with a flexible layout for office, retail, or service-based operations along 44th St SE.
Property Size5,099 SF
Price / SF$150.99
Days on Market180
Property Features for 4130 44th St SE
General Information
Standard status
Active
Size
5,099 SF
Property subtype
Office
Zoning
I1
Amenities
Vacant
Building Details
Year Built
1969
Listing Agency:
Keller Williams GR East - Commercial
Listed By:
Jason Carpenter · License #6502430921
(616) 334-2630
Source:
Carwm.resimplifi
Added: Apr 29
Changed: Oct 14
Last Checked: Oct 24 at 1:34PM
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 Keller Williams GR East - Commercial
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Investment Insights
Based on property information with market context.
This for-sale commercial property at 4130 44th St SE offers a flexible layout designed to support office, retail, or service-based operations. The configuration is intended to accommodate a range of business uses, making it suitable for owner-users seeking adaptability and businesses that may need a space that can be tailored to their model.
The property is positioned along 44th Street SE in Kentwood, MI, providing visibility from the corridor and straightforward access for customers and clients.
With its multi-use interior flexibility, the building can work as a functional base for a business that needs a combination of office and customer-facing space within a single commercial facility.
The property is positioned along 44th Street SE in Kentwood, MI, providing visibility from the corridor and straightforward access for customers and clients.
With its multi-use interior flexibility, the building can work as a functional base for a business that needs a combination of office and customer-facing space within a single commercial facility.
Key Highlights
- Commercial property built in 1969 at 4130 44th St SE
- Flexible layout designed to support office, retail, or service‑based operations
- Located along 44th St SE in a high‑traffic commercial corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,845
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,900
$476.9K
Cap Rate 7%
$340,643
$340.6K
Cap Rate 9%
$264,944
$264.9K
Market Conditions
NOI Build-Up for 5,099 SF
Gross rent
$35.1K $6.88/SF
− Vacancy
−$1.0K −$0.20/SF
EGI
$34.1K $6.68/SF
− OpEx
−$10.2K −$2.00/SF
NOI
$23.8K $4.68/SF
Area
Kent County, MI
Vacancy
2.90%
Lease Rate
$6.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,900
Cap Rate 7%
$340,643
Cap Rate 9%
$264,944
Alternative Uses
Best Use
Industrial
$340.6K
$298.1K – $397.4K
NOI $23,845 @ 7.0% cap · market cap 3.10%
Second Best
Flex RnD
$266.5K
$233.2K – $310.9K
NOI $18,655 @ 7.0% cap · market cap 2.42%
Theoretical Best
Office A
$912.0K
$798.0K – $1.06M
NOI $63,839 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 49512, MI
18,558
Population
8,870
Households
2.1
Avg Household Size
33
Median Age
38%
College-Educated
91%
High-School Grad
23.0 sq mi
ZIP Area
807
Density / Sq Mi
$70,955
Median Household Income
$41,538
Median Earnings
$1,229
Median Rent
$279,900
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Fresh Time Caterihg — 4767 Broadmoor Ave SE #7, Grand Rapids, MI 49512
- Swanson Services Corporation — 4632 44th St SE, Grand Rapids, MI 49512
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial property with a flexible layout for office, retail, or service-based operations along 44th St SE.
Where is this flex space located?
The property is located at 4130 44th St SE Kentwood, MI.
What is the asking price?
The asking price for this property is $769,900.
What are key features of this property?
This property features: Commercial property built in 1969 at 4130 44th St SE; Flexible layout designed to support office, retail, or service‑based operations; Located along 44th St SE in a high‑traffic commercial corridor
