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Executive Summary

Free standing 7,274 SF commercial building, current use for a 218 seat banquet facility and 80 seat restaurant. Great for a banquet facility, church, etc.
Building was completely renovated in 2024, ask listing agent for details.
Fully sprinkled.
Space is still occupied, please do not approach employees.
Please contact listing agent for showing instructions.
Showings may take place with 24 hour advance notice.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
27,500 SF
Building Class
C
Year Built/Renovated
1997/2024
Price
$2,084,001
Price Per SF
$75.78
Percent Leased
74%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.61
Lot Size
1.03 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
80 Spaces (2.91 Spaces per 1,000 SF Leased)
Frontage
103’ on Delaware St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 7,274 SF
  • Retail
  • -
  • Now

Free standing commercial building, current use for a 218 seat banquet facility and 80 seat restaurant. Great for a banquet facility, church, etc. Building was completely renovated in 2024, ask listing agent for details. Fully sprinkled. Subject to Landlord's approval of tenant's use and credit. Space is still occupied, please do not approach employees. Please contact listing agent for showing instructions. Showings may take place with 24 hour advance notice.

Space Size Space Use Position Available
1st Floor 7,274 SF Retail - Now

1st Floor

Size
7,274 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 7,274 SF
Space Use Retail
Position -
Available Now

Free standing commercial building, current use for a 218 seat banquet facility and 80 seat restaurant. Great for a banquet facility, church, etc. Building was completely renovated in 2024, ask listing agent for details. Fully sprinkled. Subject to Landlord's approval of tenant's use and credit. Space is still occupied, please do not approach employees. Please contact listing agent for showing instructions. Showings may take place with 24 hour advance notice.

Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100

Nearby Major Retailers

United Rentals
BIGGBY Coffee
Order Express, Inc.
Fifth Third Bank
Planet Fitness
CrossFit
First Financial bank
barre3

Property Taxes

Property Taxes

Parcel Number
41-14-31-351-053
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$469,300
  • Listing ID: 36740299

  • Date on Market: 7/15/2025

  • Last Updated:

  • Address: 932 S Division Ave, Grand Rapids, MI 49507

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