
Colburn Commercial Properties
Listed by Colburn Commercial Properties
$450,000
4342 Division Avenue S
Details
APN 41-18-19-353-002
Property Type Retail, Office
Sub Type Storefront, Executive Office
Square Footage 5,408
Units 2
Year Built 1940
Buildings 1
Acreage 0.170
Retail | 5,408 SqFt
Marketing description
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 | 3% annual increase
Unit 2: 2,184 SF | $1,400/month | 3% annual increase
Combined Monthly Income: $3,400 | Annual Income: $40,800
Tenant Expense Structure: Gross modified - tenants responsible for all utilities
Lease Escalations: Built-in 3% annual increases on both units, providing consistent rent growth and inflation protection
Why This Property:
With both units occupied and income flowing immediately, this is a true turnkey investment!
Listing Contacts

Colburn Commercial Properties
Listed by Colburn Commercial Properties
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