Flexible Commercial Flex
4130 44TH ST SE Kentwood, MI 49512
For Sale
Contact for pricing
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 Market86
Property Features for 4130 44TH ST SE
General Information
- Standard status
- Active
- Size
- 5,099 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1969
Listing Agency:
KW Commercial GR East
Listed By:
Jason Carpenter · License #MI #6502375695
Source:
Crexi
Added: Apr 29
Changed: Jul 23
Last Checked: Jul 23 at 9:30AM
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 KW Commercial GR East
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 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 | $78.9k | $15.48 |
| − Vacancy | −$3.3k | −$0.65 |
| EGI | $75.6k | $14.83 |
| − OpEx | −$22.7k | −$4.45 |
| NOI | $52.9k | $10.38 |
5,099 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$756.2K
$661.7K – $882.2K
NOI $52,932 @ 7.0% cap · market cap 6.88%
Second Best
Office B
$727.8K
$636.9K – $849.1K
NOI $50,948 @ 7.0% cap · market cap 6.62%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
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
FAQs
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
