1035 Wealthy Street SE Grand Rapids, MI 49506
Listing Courtesy of: MichRic / Moxie Real Estate + Development

  1035 Wealthy Street SE Grand Rapids, MI 49506

Active (8 Days)
$595,000
3
BED
2
BATH
2,700
SQFT

Description

A rare mixed-use building located in Eastown, Grand Rapids, featuring two distinct units: ✖️Residential Unit: A spacious 3-bedroom, 1-bathroom apartment with a rooftop deck. ✖️Commercial 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. ✖️pro forma Cap Rate: ~8.9%.

MLS #:
25012441
Taxes
$7,372
Lot Size
2,614 SQFT
Type
Single-Family Home
Year Built
1900
County
Kent County

Listed By

Max B Grover, Moxie Real Estate + Development
Source
MichRic
Last checked Apr 4 2025 at 7:11 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Heating and Cooling
  • Forced Air
Basement Information
  • Partial
  • Michigan Basement
Exterior Features
  • Wood Siding
Utility Information
  • Sewer: Public
Stories
  • 2.00000000
Living Area
  • 2,700 sqft
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®
Disclaimer: Copyright 2025 Michigan Regional Information Center (MichRIC). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/4/25 12:11