1035 Wealthy Street SE Pending Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49506
Key Details
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Pending
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $220
MLS Listing ID 65025012190
Year Built 1900
Annual Tax Amount $7,372
Lot Size 2,613 Sqft
Property Sub-Type Business And Real Estate
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
Interior
Heating Forced Air
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Frame,Wood
Schools
School District Grand Rapids
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Unknown/Data Share Listings