218-222 S Division Ave 4,800 SF 100% Leased Retail Building Grand Rapids, MI 49503 $910,432 CAD ($189.67 CAD/SF) 6.23% Cap Rate

Exceptional mixed-use investment opportunity in the heart of Grand Rapids! Located on the vibrant South Division Avenue corridor, this property offers two spacious apartments and two leased commercial spaces, delivering immediate, diversified cash flow with established tenants already in place. Street-level commercial units benefit from high visibility and strong foot traffic, while the generously sized residential units attract quality long-term tenants. Whether you're expanding your portfolio or seeking an owner-occupy opportunity, this property delivers prime urban positioning amid the continued growth and revitalization of downtown Grand Rapids. Don't miss your chance to own a piece of one of Michigan's most dynamic real estate markets! Opportunity to bump rents and make improvements to commercial spaces as well. This property requires a accepted LOI in order to show. Please do not contact or disrupt tenants.
Agent Only Remarks: buyers agent to verify all information. An executed LOI is required in order to show the listing.