Grand Rapids, MI 49506,1035 Wealthy SE Street
Grand Rapids, MI 49506,1035 Wealthy SE Street
Grand Rapids, MI 49506,1035 Wealthy SE Street
Grand Rapids, MI 49506,1035 Wealthy SE Street
Grand Rapids, MI 49506,1035 Wealthy SE Street
Grand Rapids, MI 49506,1035 Wealthy SE Street
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$ 595,000
Est. payment | /mo

2 Baths

2,700 SqFt


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$ 595,000
Est. payment | /mo
Save

2 Baths

2,700 SqFt

OPEN HOUSE

Thu Apr 03, 3:30pm - 5:30pm

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $220

Municipality City of Grand Rapids

MLS Listing ID 25012190

Full Baths 2

Year Built 1900

Annual Tax Amount $7,372

Tax Year 2024

Lot Size 2,614 Sqft

Acres 0.06

Lot Dimensions 75x32

Property Sub-Type Retail

Property Description

A rare mixed-use building located in Eastown, Grand Rapids, featuring two distinct units:

✖️Residential Unit: A spacious 3-bedroom, 1-bathroom apartment with a rooftop deck.

✖️Commercial Unit: Currently leased to Scorpion Coffee, offering a well-designed space with a side yard patio.

Situated in the heart of Eastown, one of Grand Rapids' most vibrant neighborhoods, the area is known for its historic architecture, walkability, and diverse mix of local businesses. Nearby, you'll find popular spots like Terra GR, The Electric Cheetah, Harmony Brewing Company, Yesterdog, and Wolfgang's Restaurant, along with a variety of boutiques and community spaces.

✖️pro forma Cap Rate: ~8.9%.

Location

State MI

County Kent

Area Grand Rapids - G

Direction Wealthy & Fuller

Interior

Heating Forced Air

Inclusions Real Estate

Exterior

Utilities Available Cable Available, Natural Gas Connected, Electricity Connected

View Y/N No

Building

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-14-29-380-032

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by MOXIE Real Estate + Development
agent
Jeff Northouse

Agent | License ID: 6501236995

+1(616) 366-5240 | jeff42north@gmail.com

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1035 Wealthy SE Street