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$ 295,000
Est. payment /mo
Active
2164 Division AVE S City Of Grand Rapids, MI 49507
2 Baths
2,583 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,583 sqft
Price per Sqft $114
MLS Listing ID 65026046183
Year Built 1984
Lot Size 435 Sqft
Acres 0.01
Property Description
Explore the potential of this versatile, income-producing property in Grand Rapids! Offering approximately 2,583 square feet across three occupied units, this unique mixed-use opportunity features a commercial space with two attached apartments, creating multiple income streams under one roof. The commercial unit currently rents for $800 per month, while the two apartments generate a combined $2,400 per month. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking a location for your business with additional rental income, this property offers an opportunity to put your investment to work. Positioned along South Division Avenue between Burton and Alger, the property benefits from a high-visibility location in Grand Rapids. Don't miss the opportunity to explore the possibilities this multi-unit property has to offer!
Location
State MI
County Kent
Area Area41142Grandrapids
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Jeffrey Bode of Keller Williams GR East
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