205 Division AveGrand Rapids, MI 49503
- Commercial real estate
- 0.19 AC
Property Details for 205 Division Ave
- Lot size
- 0.19 AC
- Zone code
- TN-CC
- Property type
- Commercial real estate
- APN
- 41-13-25-478-012
- APU
- 411325478012
Description
This exceptional Class A retail space, located at 205 S. Division Avenue in Grand Rapids, Michigan, offers 1,000 square feet of vacant space within a larger 40,000 square foot building. The property, built in 2014 and renovated in 2020, boasts a desirable mixed-use, commercial zoning (TN-CC) and is situated on a 0.19-acre lot. The five-story building is located at the hard corner of Cherry and Division, a highly visible and trafficked intersection in the heart of downtown Grand Rapids. Its prime location offers unparalleled access to the entertainment district, Studio Park, and the VanAndel Arena, ensuring high foot traffic and visibility. Tenants will enjoy stunning views of the city skyline. Conveniently located below is a parking ramp for clients and visitors. A tenant improvement allowance may be available for qualified tenants. The property's APN is 41-13-25-4878-012, and it's located in Kent County, Michigan, zip code 49503. This single-tenant space presents a unique opportunity for businesses seeking a prominent location in a thriving urban environment. The building itself is a single structure.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,766,731
- Hospitality
- $1,618,316
- Educational
- $1,346,420
- Medical
- $1,392,726
- Retail
- $2,094,431
Location Insight
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Latitude
- 42.9595
- Longitude
- -85.6682
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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