1035 Wealthy Street SE
Grand Rapids, MI 49506
2700 sqft | 3 beds | 2 baths | 0.06 acres | #25012441
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%.
Property Details
- BasementMichigan Basement, Partial
- Property SubtypeSingle Family Residence
- School DistrictGrand Rapids
- Property TypePurchase
- Original List Price$595,000
- MLS #25012441
- MLS #25012441
- Sewer InformationPublic
- Utility SourcePublic
- Cost595000
- Acres0.06
- Square Feet2700
- Year Built1900
- CountyKent
- Bedrooms3
- Bathrooms2
- Full Baths2
- Stories2
- Days on Market (Cumulative)5
Location
Legal
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Last Updated: . Source: MichRIC
Listing Courtesy
Listing Agent: Max B Grover (#ggrov4647)
Listing Office: MOXIE Real Estate + Development (#g176001)
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