1203 Division AveGrand Rapids, MI 49507

For Sale
$1,600,000
Prime 0.95-acre lot, high traffic, TN-TBA zoning.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 0.95-acre mixed-use property presents a compelling investment opportunity in Grand Rapids, Michigan. Located at the highly visible intersection of Division Avenue S and Hall Street, this hard corner lot boasts daily traffic counts exceeding 32,000 vehicles. Its strategic location is just half a mile from the convenient access of I-131, enhancing its appeal for a wide range of commercial ventures. The property is designated as TN-TBA zoning, providing flexibility for diverse development plans. The site's significant advantages include multiple points of access via Hall Street, Division Avenue, and Zeno Street, ensuring convenient ingress and egress. This parcel is situated within an Opportunity Zone, offering potential tax advantages. The asking price is $1,600,000, translating to approximately $1,684,210 per acre. The property's prime location is further enhanced by its proximity to established businesses such as McDonald's, AutoZone, and a Sunoco gas station, indicating a strong commercial presence in the immediate vicinity. The property's APN is 41-17-01-228-019. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving area of Grand Rapids.

Property Details for 1203 Division Ave

Property type
Mixed-use properties, Land
Lot Size (sq. ft)
41,382 SF

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.94156345
Longitude
-85.66803215
1203 Division Ave, Grand Rapids, Michigan

FAQs

What type of property is this?
Mixed-use property - Prime 0.95-acre lot, high traffic, TN-TBA zoning.
Where is the mixed-use property located?
The property is located at 1203 Division Ave Grand Rapids, MI.
What is the asking price?
The asking price for this property is $1,600,000.
How can I contact the broker?
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1203 Division Ave
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