111 Division Avenue Grand Rapids, MI ^$ 2,790,000

111 Division Avenue

^$ 2,790,000

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111 Division Avenue

Grand Rapids, MI, 49503

^$ 2,790,000

Studio Baths0.0 Sq 47,647

Monthly Estimate*

^$ 18,543

Studio

Commercial Property for sale in Grand Rapids, MI

for $2,790,000. This 47,647 square foot building was built in 1888 on a lot size of 0.4.

The historic Harris Lofts Building contains four unique floors that are ideal for retail, offices, restaurants., banquets/events, galleries, etc. This spacious building totals 38,775 SF and includes a 10,537 SF finished basement. The available spaces have remarkable character with wood floors and exposed brick walls. Property is walking distance from Van Andel Arena, Grand Rapids Public Museum, Heartside Park and many other attractions. Sale includes 111, 115 & 117 S. Division Ave as a bulk sale as all 3 properties are contiguous. Includes Tax ID #411325439007 & 411325439009. 115 S. Division is a 2 story mixed use bldg. with 1055 SF first floor commercial/retail space and a 1080 SF 2nd floor 1 BR, 1 bath Apt. 1080 SF walkout lower level storage /garage space with one overhead door.

Commercial Pending

Price

^$ 2,790,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 49,992

Style

Commercial/Industrial

Lot Size

0.4

Year Built

1888

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70119107

Features

General

Heating Forced Air

Roof Rubber

Water Public Water Public Water at Street

Status Pending Pending

Year Built 1888

County Kent

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality Grand Rapids

Subdivision MI

Commercial Features Electric Available Gas Available Sprinkler System

Area UPDATE

Primary City Grand Rapids

Directions On the west side of S. Division Ave North of Cherry St. and South of Oakes St.

City Grand Rapids

Street Name Division

Financial Terms Cash Conventional

Legal Description Kent Plat Division Street

DOM 49

Postal Code 49503

Price Per Sq Ft Total 58.56

Coming Soon The historic Harris Lofts Building contains four unique floors that are ideal for retail offices restaurants. banquets/events galleries etc. This spacious building totals 38 775 SF and includes a 10

Exterior

Exterior Block Brick Frame Steel Stone Wood

Frontage 122

Lot Size Area 0.4

Lot Dimensions 122x141

Roads City/County Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

James Galbraith

Listing Agent

M. Shapiro Real Estate Group

Broker

michael@mshapirorealestate.com

Affordability Calculator

$22,709

Per Month

Monthly Principal & Interest: $18,543
Monthly Property Taxes: $4,166
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Grand Rapids, MI

Average List Price ^$649,394

Percent of Sale Price 77%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/26/2020	$2,790,000		Listed Price

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111 Division Avenue, Grand Rapids, MI, 49503 is a Commercial Property for sale at $2,790,000 with 47,647 sqft and a lot size of 0.4. 111 Division Avenue is a studio with 0.0 baths and was built in 1888. The property's zip code is 49503 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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111 Division Avenue

Commercial Property for sale in Grand Rapids, MI

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