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1035 Wealthy Street SE Grand Rapids, MI 49506
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Key Details
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $214
MLS Listing ID 65025012190
Sold Date 04/21/25
Year Built 1900
Annual Tax Amount $7,372
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 75x32
Property Sub-Type Business And Real Estate
Source Greater Regional Alliance of REALTORS®
Property Description
A rare mixed-use building located in Eastown, Grand Rapids, featuring two distinct units:G£ûn+ÅResidential Unit: A spacious 3-bedroom, 1-bathroom apartment with a rooftop deck.G£ûn+ÅCommercial 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.G£ûn+Åpro forma Cap Rate: ~8.9%.
Location
State MI
County Kent
Area Grand Rapids
Direction Wealthy & Fuller
Interior
Heating Forced Air
Heat Source Natural Gas
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Frame,Wood
Schools
School District Grand Rapids
Others
Tax ID 411429380032
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings
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Bought with RE/MAX of Grand Rapids (FH)
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