2184 Wealthy Street Se

$1,500,000, 4,151 Sqft .1 Acres

About This Property

This East Grand Rapids Mixed Use Building is a very solid investment. Recent retail space changes have also increased longer-term leases. It's one rare opportunity to own an East Grand Rapids asset and prime location. Located at the center / crossroads of East Grand Rapids this building sits on the southwest corner on two street fronts. Features include 4 income units with 4 parking spots with potential for expansion to build more rental space. The 2 Bedroom Apartment/Office space and 3 retail units offers a strong historical revenue stream and 100% Occupancy.Recent improvements include a newer roof, newer windows, electrical panels updates, hot water heaters, HVAC and more. Pretty easy to show with 48 hours notice.

Essential Information

MLS® #21008912
Price$1,500,000
Bathrooms0.00
Full Baths5
Square Footage4,151
Acres0.10
Year Built1953
TypeCommercial
Sub-TypeRetail/Commercial
StyleNo
StatusActive

Community Information

Address2184 Wealthy Street Se
AreaG41- Kent County
SubdivisionEast Grand Rapids
CityGrand Rapids
CountyKent
StateMI
Zip Code49506

Amenities

UtilitiesNatural Gas
Parking Spaces5

Interior

HeatingForced Air
# of Fireplaces1
# of Stories2

Exterior

ExteriorVinyl, Brick/Stone
Lot Description40x106
ConstructionFrame/Wood

School Information

DistrictEast Grand Rapids
Elementary40x106

Middle

E 40' of N 106' of Lot #2 * Parley H Brown Sub.

Additional Information

ZoningC-1

Listing Details

Listing AgentTodd Roesler
Listing OfficeKeller Williams GR East

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Listing information last updated on July 23rd, 2021 at 11:16am CDT.

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