For Sale
$307,000

1002 Division Ave Grand Rapids, MI 49507

Opportunity Zone, 9,544 sq ft lot

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional commercial land parcel, totaling 9,544 square feet, presents a compelling investment opportunity in Grand Rapids, Michigan. Located at 1002 Division Ave S, in the desirable 49507 zip code, this property is situated within an Opportunity Zone, offering significant tax advantages. The lot is zoned TN-TBA and can accommodate a building of up to 7,500 square feet. Its strategic location offers high visibility and accessibility, boasting adjacency to a Dollar Tree urban prototype store. Furthermore, the property benefits from the proximity to several new housing developments and a large mixed-use project currently under construction across the street. The total available area, including a shared parking lot agreement with a neighboring property, expands to 17,038 square feet, enhancing the overall utility and potential of this prime commercial land. This is an ideal location for a variety of commercial ventures, capitalizing on the area's growth and revitalization. The asking price is $307,000.

Highlights

  • $307,000 asking price.
  • 9,544 square foot lot.
  • TN-TBA zoning.
  • Potential for up to 7,500 square foot building.
  • Opportunity Zone designation.
  • Adjacent to a Dollar Tree.

Property Details for 1002 Division Ave

Property type
Land

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.945570739117
Longitude
-85.667398219495
1002 Division Ave, Grand Rapids, Michigan

FAQs

What type of property is this?
Land - Opportunity Zone, 9,544 sq ft lot
Where is the land located?
The property is located at 1002 Division Ave Grand Rapids, MI.
What is the asking price?
The asking price for this property is $307,000.
What are key features of this property?
This property features: $307,000 asking price.; 9,544 square foot lot.; TN-TBA zoning.
How can I contact the broker?
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1002 Division Ave
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