2020 S Division Ave 8,158 SF Office Building Grand Rapids, MI 49507 $750,000 ($91.93/SF)
EXECUTIVE SUMMARY
2020 Division Avenue S is a 2-story building near Garfield Park. This 8,158 square foot building currently has a tenant occupying the first floor. Midwest Family Dental Care occupies 4,077 SF under a NNN lease structure through September 2026 with no renewal options. The second floor is 4,081 square feet and currently in shell condition, offering an opportunity for redevelopment. Whether re-imagined as residential apartments, office suites, or a flexible mixed-use concept, the space provides a unique opportunity in the marketplace.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,158 SF
Building Class
C
Year Built
1954
Price
$750,000
Price Per SF
$91.93
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,079 SF
Building FAR
1.44
Lot Size
0.13 AC
Zoning
TN-TBA - Commercial
Parking
20 Spaces (2.45 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Wheelchair Accessible
- Reception
- Storage Space
- Central Heating
- Secure Storage
- Air Conditioning
1 of 1
Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 41-18-07-101-040 | Improvements Assessment | $0 (2024) |
| Land Assessment | $0 (2024) | Total Assessment | $323,200 (2024) |
