MI > Grand Rapids > Mi
Grand Rapids, MI 49503,738 Wealthy Street
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
$ 1,880,000
Est. payment | /mo

4,644 SqFt

Save
$ 1,880,000
Est. payment | /mo
Save

4,644 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 4,644 sqft

Price per Sqft $404

Subdivision Mi

MLS Listing ID 70490063

Year Built 1900

Annual Tax Amount $13,698

Tax Year 2024

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions x

Property Sub-Type Commercial/Industrial

Property Description

Positioned at one of East Hills' most visible corners, this property blends stable income with built-in upside. The upstairs space is fully leased, while the main floor retail offers 1,900 SF under a sale-leaseback with the current operator, ensuring immediate cash flow and a smooth transition for new ownership.Anchoring the corner of Wealthy and Charles, the site also includes a newly branded lot ~ Picnic on Wealthy ~ recently approved for up to three food trucks, adding a vibrant community draw and additional revenue potential. With leased residential, income-producing retail, and a high-profile activation corner, this is a complete package ready to deliver returns from day one.Recent improvements include new vinyl siding, updated HVAC, and separately metered utilities. Zoning allows for up to four stories, with historic protection on 738 Wealthy requiring approval for expansion, while 734 Wealthy has no restrictions.

Location

State MI

County Kent

Area Grand Rapids (41032)

Interior

Heating Forced Air

Building

Foundation Basement

Structure Type Block,Brick

Others

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Fancy Real Estate
agent-avatar

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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738 Wealthy Street