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About the Listing 650020429345 - 65180011655297
Investment Opportunity! Fully Leased Multi-Tenant Retail/Commercial! Fully occupied, income-producing commercial property in one of the Grand Rapids metro's highest-traffic retail corridors. Situated on Division Avenue South and 44th Street in Kentwood, this two-unit building benefits from 24,000-40,000 vehicles passing daily -- providing exceptional visibility and a built-in customer base for tenants. Property Highlights: Total Building Size: 5,000 SF Units: 2 -- both fully leased Unit 1: 3,224 SF \ $2,000/month \ Unit 2: 2,184 SF \ $1,400/month \ Combined Monthly Income: $3,400 \ Annual Income: $40,800 Tenant Expense Structure: Gross modified - tenants responsible for all utilities Why This Property: With both units occupied and income flowing immediately, this is a true turnkey investment!
Listing Highlights
Interior Details
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 5408
- Basement: Basement
- Other: Forced Air
- Water: Public (Municipal)
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: IRR
- Zoning: Other
- Roof:
- Others: Block,Brick,Steel,Paved
- Sewer: Sewer (Sewer-Sanitary),Storm Drain
Financial Details
- Tax Amount: $6,405
- Taxes w/Assessments: N/A
- Tax/Property ID: 411819353002
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
4342 Division Ave S Kentwood, MI 49548
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