1103 Division AveGrand Rapids, MI 49507

Property Details for 1103 Division Ave

Year built

1890

Lot size

0.35 AC

Property size (Sq ft)

12,708 SF

Zone code

TN-TBA

Property type

Commercial real estate

APN

41-13-36-480-028

APU

411336480028

Description

This exceptional Grand Rapids investment opportunity presents a 12,708 square foot, two-story warehouse situated on a 0.35-acre lot at 1103 Division Ave S, in Kent County, MI 49507. The property, built in 1890 and renovated in 1970, boasts a charming brick and wood exterior and is located on a hard corner with excellent visibility. The building features a 12-foot ceiling height and offers ample on-site parking. Currently zoned TN-TBA, this multi-tenant property presents significant redevelopment potential for a variety of uses, including general retail, storage, or warehouse operations. The asking price is $549,900, translating to $59.02 per square foot. The property is being sold "as is" and is conveniently located within an Opportunity Zone (Census Tract: 26081002800). The substantial 15,246 square foot lot provides additional development possibilities. This unique property is ideal for owner-users seeking a versatile space with historical character and significant upside. The property's prime location on busy Division Avenue and Putnam Street SW ensures high visibility and accessibility.

• Alternative Use

  Use

  Valuation

  Residential

  $2,656,682

  Hospitality

  $2,433,506

  Educational

  $2,024,649

  Medical

  $2,094,280

  Retail

  $3,149,454

Location Insight

City

Grand Rapids

County

Kent

State

Michigan

Latitude

42.9431

Longitude

-85.6678

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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