Multi-Tenant Retail
New
For Sale
$450,000
4342 Division Ave S, Grand Rapids, MI 49548
Two occupied commercial units feature modified gross leases with tenants responsible for utilities.
Property Size5,408 SF
Price / SF$83.21
Days on Market3
Property Features for 4342 Division Ave S
General Information
Standard status
Active
Size
5,408 SF
Occupancy
100%
Additional Details
Gross Income
$40,800
Traffic Count
40,000 vehicles/day
Building Details
Year Built
1940
Buildings
1
Tenancy
Multi
Listing Agency:
Rise Realty Group
Listed By:
Chad Monroe
(616) 439-4653
Source:
Katie-k
Added: Sep 18
Last Checked: Sep 19 at 1:29PM
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 Rise Realty Group
Investment Insights
Based on property information with market context.
Built in 1940, this two-unit retail storefront property is fully leased and configured for commercial occupancy. The lease structure is gross modified, with tenants responsible for all utilities.
The property is located at 4342 Division Ave S in Grand Rapids, at Division Avenue South and 44th Street in Kentwood. The corridor records 24,000-40,000 vehicles passing daily, providing strong exposure for the occupied commercial units.
The property is located at 4342 Division Ave S in Grand Rapids, at Division Avenue South and 44th Street in Kentwood. The corridor records 24,000-40,000 vehicles passing daily, providing strong exposure for the occupied commercial units.
Key Highlights
- Two‑unit commercial building with both spaces fully leased
- Located at Division Avenue South and 44th Street in Kentwood
- 24,000‑40,000 vehicles pass daily along the retail corridor
Property Analytics
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Current Use
Lease Details
40,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 35%
Home Improvements & Furnishings 13%
Taco Bell
Dining
13,435 visits/mo
0.1 miles
Citgo
Shops & Services
8,112 visits/mo
0.1 miles
Dollar General
Shops & Services
5,396 visits/mo
0.2 miles
Bradley Ace Hardware
Home Improvements & Furnishings
5,099 visits/mo
0.2 miles
Monro Auto Service and Tire Centers
Shops & Services
3,203 visits/mo
0.5 miles
Demographics for 49548, MI
34,741
Population
13,174
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
86%
High-School Grad
10.8 sq mi
ZIP Area
3,217
Density / Sq Mi
$62,218
Median Household Income
$35,831
Median Earnings
$1,129
Median Rent
$149,500
Median Home Value
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Similar Off Market Nearby
- Isabel’s Flowers — 4836 division ave s, kentwood, mi 49548
Frequently Asked Questions
What type of property is this?
Storefront property - Two occupied commercial units feature modified gross leases with tenants responsible for utilities.
Where is this storefront property located?
The property is located at 4342 Division Ave S Grand Rapids, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑unit commercial building with both spaces fully leased; Located at Division Avenue South and 44th Street in Kentwood; 24,000‑40,000 vehicles pass daily along the retail corridor
