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Tru Living Group

infomi@trulivingroup.com +1(734) 746-5001

$ 595,000

Est. payment -/mo

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Pending

1035 Wealthy Street SE Grand Rapids, MI 49506

2,700 SqFt

UPDATED:

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

Originating Board Greater Regional Alliance of REALTORS®

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

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

Listed by Max B Grover of MOXIE Real Estate + Development

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