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    6233 Division Ave Grand Rapids, MI 49548

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    For Lease
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    Prime Retail Space, 14,096 SF, Kent County

    Lot size:
    14,096 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property at 6233 Division Ave S in Grand Rapids, Michigan, presents a unique investment opportunity. The 14,096 square foot building, situated on a 1.308-acre lot, boasts a prime location off South Division Avenue, offering excellent visibility and accessibility. Built in 1994 and extensively renovated in 2020, the property is zoned B-2 and features a single tenancy with 1,500 square feet currently vacant. The previous tenant occupied the space for over a decade, demonstrating the location's strong appeal. Ample parking is available with over 90 spaces and over 260 feet of frontage, ensuring convenient access for customers. The property includes prominent pole signage and building signage, enhancing visibility and brand recognition. Its proximity to US 131 provides easy access for customers and employees. This is a rare opportunity to acquire a well-maintained, high-visibility retail space in a thriving Grand Rapids location. The property's history of long-term tenancy and significant recent renovations make it an attractive investment prospect. The 49548 zip code offers a strong demographic profile. This is a first-time-on-the-market offering.

    Property Features for 6233 Division Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,096 SF

    Building Details

    Year Built/Renovated
    1994/2020

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,500 SF

    HighLights

    • 14,096 square foot building
    • 1,500 square feet of available space
    • 1.308‑acre lot
    • 14‑foot ceiling height
    • B‑2 zoning
    • 1994 construction, renovated in 2020
    Property Profile Location Intelligence

    Current Use by Public Records

    Instant Cash Advance ... Loan Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.6642371
    Latitude
    42.8509586

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space, 14,096 SF, Kent County
    Where is this lifestyle center located?
    The property is located at 6233 Division Ave Grand Rapids, MI.
    What are key features of this property?
    This property features: 14,096 square foot building; 1,500 square feet of available space; 1.308-acre lot
    Request Owner's contact information
    6233 Division Ave Grand Rapids, MI 49548
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    Grand Rapids, MI 49548
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6233 Division Ave Grand Rapids, MI 49548
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