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… Read More 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! Read Less
Courtesy of Rise Realty Group, Chad Monroe
Listing Snapshot
Days Online
167
Last Updated
Property Type
Retail
Full Baths
2
Square Ft.
5,408
Lot Size
0.17 Acres
Year Built
1940
MLS Number
26026131
Additional Details
Property Access
Road Surface: Paved
Building
Built in 1940, 1 building, 1 storey, Construction Materials: Brick
