4603 Division Ave Grand Rapids, MI 49548
This 1,248 sq ft freestanding retail building in Grand Rapids, MI (49548) is listed at $274,999 ($220.35/sq ft). Currently operating as a fully equipped hair salon with five styling stations, two wash bowls, three dryers, a washer/dryer, kitchenette, and a flex room ideal for additional services (manicures, tanning, massage, etc.), it also features a sound system and two upstairs rooms perfect for office space or storage. The property sits on a 1,140 sq ft corner lot with ample rear parking. One current owner is open to chair rental, offering a potential revenue stream for the new owner. The versatile layout presents opportunities beyond its current use as a salon, making it suitable for various retail or office applications. This turnkey operation offers immediate income potential and significant upside for a savvy investor. The property is located in Kent County, Michigan.
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Classic Family Hair Studio Hair Salon Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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