1001 Division Ave Grand Rapids, MI 49507

This exceptional Grand Rapids executive office building, located at 1001 Division Ave S, presents a unique investment opportunity. Built in 1930 and extensively renovated in 2009, this three-story, 3,232-9,696 square foot building boasts a prime location on Division Avenue, offering excellent visibility and accessibility. Situated on a 0.51-acre lot, the property features ample surface parking. The building's construction includes brick exterior, block and wood frame, and is equipped with a central heating system utilizing electricity and natural gas, along with an engineered air conditioning system. Municipal water and sewer services are in place. The property's TN-TBA zoning allows for diverse uses, including live-work spaces, multi-family dwellings, community centers, medical facilities, rehabilitation centers, churches, schools, and more. Importantly, the building has received approval for use as a cannabis testing facility or secure transport facility. This property is strategically located within the SouthTown corridor improvement authority development plan, promising future growth and potential appreciation. The asking price is $1,000,000, with a price per square foot of $141.81. Buyer/tenant to verify all facts.