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Property profile & analytics
FOR SALE
Commercial real estate

2945 Division Ave S Grand Rapids, MI 49548

2,298 SF 0.22 ac lot
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US43-1251868
2945 Division Ave S, Grand Rapids, MI 49548 For Sale
$395,000 2,298 SF
2945 Division Ave S, Grand Rapids, MI 49548
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Property summary
AI-generated overview

This exceptional 2,298 square foot executive office building, situated at 2945 S Division Ave S in Grand Rapids, Michigan, presents a unique investment opportunity. Built in 1995, this single-story Class C building sits on a 0.22-acre lot and boasts a 12-foot ceiling height. The property is zoned FBC-CG and features ample on-site parking, providing convenient access for employees and clients. Its strategic location just off 28th Street and less than half a mile from US-131 ensures high visibility and accessibility. The building's versatile nature makes it suitable for a variety of uses, including traditional office space, mixed-use ventures, or even a work/live arrangement. Other potential uses could include a cafe, non-traditional retail establishment, salon, or insurance agency. The property's address is 2945 Division Ave S, Grand Rapids, MI 49548, within the 36th/44th St Corridor submarket of Kent County. The APN is 411713229049. The entire 2,298 square feet is currently vacant, offering immediate occupancy for a single tenant. This property offers a compelling combination of location, size, and flexibility, making it an attractive option for discerning businesses seeking a prominent presence in a thriving area.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 2,298 SF
Lot 0.22 ac (9,453 SF)
Zoning code FBC
APN 41-17-13-229-049
UPID US43-1251868
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
WESSELY ENTERPRISES LLC
WESSELY ENTERPRISES LLC
Zoning & alternative use
FBC · Wyoming, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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