4201 Division Avenue S Grand Rapids, MI 49548
Property is currently operated and leased as a car dealership, auto mechanical garage, and tire/detail shop.
Property Features for 4201 Division Avenue S
General Information
- Standard status
- Active
- Size
- 2,578 SF
- Property subtype
- Retail, Office, Industrial
Building Details
- Year Built
- 1940
Listing office City2Shore Real Estate
Listing date Jul 12, 2026
Source Crexi
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 City2Shore Real Estate
Investment Insights
Based on property information with market context.
The property is offered for sale and is being marketed as an opportunity that can generate income with limited day-to-day involvement. The current configuration provides multiple points of revenue within automotive sales and maintenance functions.
Additional details on individual spaces, lease terms, and specific included assets are available through a private showing.
Key Highlights
- Built in 1940
- Currently operated and leased as a car dealership, auto mechanical garage, and tire/detail shop
- Includes many business‑related assets in the sale
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 | $56.6k | $21.96 |
| − Vacancy | −$3.2k | −$1.25 |
| EGI | $53.4k | $20.71 |
| − OpEx | −$16.0k | −$6.21 |
| NOI | $37.4k | $14.50 |
Alternative Uses
Property Analytics
Current Use by Public Records
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Similar Off Market 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
