2020 S Division Ave - Medical FOR SALE


Grand Rapids, MI 49507- Garfield Park
$750,000 USD
2020 S Division Ave, Grand Rapids, MI for Sale
$750,000 USD
Medical - FOR SALE
1/6
null | Request Cap Rate

2020 S Division Ave
Grand Rapids, MI 49507
Garfield Park


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$92 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

TN-TBA

APN/PARCEL ID

41-18-07-101-040

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