MI > Grand Rapids
Grand Rapids, MI 49503,738 Wealthy Street SE
$1,880,000
Est. payment /mo
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4,644 SqFt
New

738 Wealthy Street SE Grand Rapids, MI 49503

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Jay Taylor & Associates

Jay Taylor & Associates

+1(313) 410-1149

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Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 4,644 sqft

Price per Sqft $404

MLS Listing ID 65025043407

Year Built 1900

Annual Tax Amount $13,698

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions x

Property Sub-Type Business And Real Estate

Source Greater Regional Alliance of REALTORS®

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

Interior

Heating Forced Air

Heat Source Natural Gas

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block,Brick

Schools

School District Grand Rapids

Others

Tax ID 411431229002

Ownership Private Owned

Acceptable Financing Cash, Conventional, Lease

Listing Terms Cash, Conventional, Lease

Financing Cash,Conventional,Lease

Special Listing Condition Unknown/Data Share Listings

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Hannah Greening of Fancy Real Estate

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agent

Jay Taylor & Associates

Metro Detroit Real Estate

+1(313) 410-1149

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738 Wealthy Street SE