111 Division Avenue S, Grand Rapids, MI 49503 (MLS# 17039787)

111 Division Avenue S, Grand Rapids, MI 49503

$2,790,000

Property Type: Commercial Sale Square Footage: 47,647 Lot Size (sq. ft.): 17,424 Status: Pending

Current Price: $2,790,000 List Date: 8/08/2017 Last Modified: 10/18/2021

Overview

Description

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.

Supplements: Taxable Value for 115 S. Division is $67,347 and SEV is $86,400 Taxable Value for 117 S. Division is $144,464 and SEV is $185,700

Listing Details MLS# 17039787

Location Property Info

County: Kent
Street #: 111
Street Name: Division
Suffix: Avenue
Post Direction: S
State: MI
Zip Code: 49503

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.4
Lot Square Footage: 17424
Lot Dimensions: 122x141
Year Built: 1888
Road Frontage: 122
Total # Units: 3
# Fin Bldg Lvls: 4
Total # Bldgs: 3
Total SqFt: 47647
Waterfront: No
School District: Grand Rapids
Year Remodeled: 0

Tax Info

Tax ID #: 411325439006
Taxable Value: 631382
SEV: 756800
For Tax Year: 2016
Seller's Annual Property Tax: 49992.49
Tax Year: 2016
Homestead %: 0
Spec Assessment & Type: No

Remarks Misc

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

Status Change Info

Under Contract Date: 2017-09-12

More Information

Location & Property Info

Cross Streets: Division & Oakes SW
Property Sub-Type: Retail
Area: Grand Rapids - G
Municipality: City of Grand Rapids

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 58.56
Prop Avail for Lease?: No

Remarks & Misc

Legal: Kent Plat Division Street

Street Type

Paved: Yes
Public: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Bar/Tavern/Lounge: Yes
Professional Service: Yes
Professional/Office: Yes
Restaurant: Yes
Retail: Yes
Other: Yes

Construction Type

Block: Yes
Frame/Wood: Yes
Steel: Yes

Exterior Material

Brick: Yes
Stone: Yes

Roofing

Rubber: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Below Grade

Partial: Yes
Walk-Out Access: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Business Includes

Real Estate: Yes

Additional Features

Fire Sprinkler: Yes

Util Avail at St

Electricity Available: Yes
Natural Gas Available: Yes

Driveway

Paved: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Property Features

Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Restaurant; Retail; Other Business Includes: Real Estate Construction Type: Block; Frame/Wood; Steel Exterior Material: Brick; Stone Roofing: Rubber Below Grade: Partial; Walk-Out Access Additional Features: Fire Sprinkler Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: Electricity Available; Natural Gas Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None

Listing Office: M. Shapiro Real Estate Group

Listing Agent: James Galbraith

Last Updated: October - 18 - 2021

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