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Property profile & analytics
OFF-MARKET
Lifestyle centers

6233 Division Ave Grand Rapids, MI 49548

14,096 SF Built 1994
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Lifestyle centers
Year built 1994
Total area 14,096 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Instant Cash Advance Corp Loan Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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