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    Grand Rapids, MI
    Live - Work Space

    Grand Rapids, MI Live-work Space for Sale

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    Division Avenue Commercial Building For Sale
    Updated: Mar 26
    Division Avenue Commercial Building For Sale

    1001 Division Ave S, Grand Rapids, MI 49507

    $975,000
    9,696 sqft 0.50 AC lot
    Approved for cannabis testing/secure transport facility.
    TN‑TBA zoning allows for diverse uses including live‑work, multi‑family, and medical.
    Sits within the SouthTown corridor improvement authority development plan.
    Ample parking and great frontage on busy Division Avenue.
    Building renovated in 2009.
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    See hot listings in Grand Rapids

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    1 active listing matches your search: Live-Work for sale in Grand Rapids, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property with Pole Building
    Mixed-Use Property with Pole Building

    7601 E Apple Avenue, Muskegon, MI 49442

    $459,900
    4,465 sqft 9.75 AC lot

    A two-parcel holding combines residential space, an office, and dedicated equipment storage.

    View details
    Mixed-Use Property with Pole Building
    Mixed-Use Property with Pole Building

    7601 E Apple Avenue, Commercial, Muskegon, MI 49442

    $459,900
    2,400 sqft 10.00 AC lot

    The property combines a residence, office space, basement area, and a powered pole building for storage or workshop use.

    View details
    3 Unit Fully Leased Apartment - 502 W. State Street, Hastings MI
    3 Unit Fully Leased Apartment - 502 W. State Street, Hastings MI

    502 State St, Hastings, MI 49058

    $349,000
    2,278 sqft 0.20 AC lot

    3 Unit Apartment - Zoned as Mixed Use PUD 502 W. State Street, Hastings MI

    View details
    3 Unit Fully Leased Apartment - 502 W. State Street, Hastings MI
    3 Unit Fully Leased Apartment - 502 W. State Street, Hastings MI

    502 State St, Hastings, MI 49058

    $349,000
    2,278 sqft 0.20 AC lot

    3 Unit Apartment - Zoned as Mixed Use PUD 502 W. State Street, Hastings MI

    View details

    Grand Rapids, MI Live-Work Space Market Trends and Statistics

    Explore 1 live-work space for sale in Grand Rapids, MI on our real estate platform. These investment opportunities span a total of 9,696 square feet of properties for sale, with an estimated market value of $975,000.

    Sale prices for live-work properties in Grand Rapids, MI average $975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 165
    Office buildings 57
    Medical Office Space 19
    Coworking space 8
    Creative space 8

    Demographics Overview

    Population 434K
    Population Growth (5Y) +2.4%
    Median Household Income $74,271
    College Educated 24.5%

    High-Yield Neighborhoods for Investment

    Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49507 $975K

    Taxes & Financing

    Tax Rate (average for all types) 3.15%
    Property Tax per SF $44.85 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kent County

    Retail

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Grand Rapids fall within the Under 2,500 square foot range.

    How Realmo verifies these figures

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    Popular Searches in Grand Rapids, MI

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    Most Searched ZIP Codes in Grand Rapids, MI

    • 49507

    Featured Grand Rapids Real Estate Agencies

    Realmo connects you with licensed Grand Rapids CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Greenridge Realty Inc.
    3115 Orchard Vista Dr. S.E. Grand Rapids, MI 49546
    Phone: (616) 974-5042
    www.greenridge.com/
    Grand Rapids Market Center East
    630 Kenmoor se Grand Rapids, MI 49546
    Phone: (616) 575-1800
    Berkshire Hathaway HomeServices Michigan Real Estate
    3000 E Beltline NE Grand Rapids, MI 49525
    Phone: (877) 808-7007
    www.BHHSMichiganRealEstate.com
    Why this one?

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