$450,000

4342 Division Avenue S, Kentwood City Kent Michigan, 49548

Price per sqft$83.21

Built in1940

Property size5,408 sqft

Property typeCommercial

Overview

Active

Updated 4 weeks ago

Investment Opportunity! Fully Leased Multi-Tenant Retail/Commercial! Fully occupied, income-producing commercial property in one of the Grand Rapids metro's highest-traffic retail corridors. Situated on Division Avenue South and 44th Street in Kentwood, this two-unit building benefits from 24,000-40,000 vehicles passing daily -- providing exceptional visibility and a built-in customer base for tenants. Property Highlights: Total Building Size: 5,000 SF Units: 2 -- both fully leased Unit 1: 3,224 SF \ $2,000/month \ Unit 2: 2,184 SF \ $1,400/month \ Combined Monthly Income: $3,400 \ Annual Income: $40,800 Tenant Expense Structure: Gross modified - tenants responsible for all utilities Why This Property: With both units occupied and income flowing immediately, this is a true turnkey investment!

Additional information

MLS^® ID: 65026026131

Interior Features

Bathrooms: 2
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.17 Acres

Other Property Details

Taxes: $6,405
Tax Frequency: Annually

Courtesy of Rise Realty Group

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Data last updated 6:19 AM UTC, 9/10/2026