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738 Wealthy SE Street Grand Rapids, MI 49503
2 Baths
4,644 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,644 sqft
Price per Sqft $404
Municipality City of Grand Rapids
MLS Listing ID 25043407
Full Baths 2
Year Built 1900
Annual Tax Amount $13,698
Tax Year 2025
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions x
Property Sub-Type Retail
Source Michigan Regional Information Center (MichRIC)
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.
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 - G
Interior
Heating Forced Air
Inclusions Real Estate
Exterior
Utilities Available Electricity Available, Electricity Connected
View Y/N No
Building
Structure Type Brick
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 411431229002
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Fancy Real Estate