734-738 Wealthy St SE - Storefront Retail/Office FOR SALE


Grand Rapids, MI 49503- Madison Area
$2,200,000 USD
616-302-2502
734-738 Wealthy St SE, Grand Rapids, MI for Sale
$2,200,000 USD
Storefront Retail/Office - FOR SALE
1/48
null | Request Cap Rate

NEW


734-738 Wealthy St SE
Grand Rapids, MI 49503
Madison Area


OVERVIEW

An exceptional opportunity in the heart of East Hills, Center of the Universe, and one of Grand Rapids' most vibrant and walkable neighborhoods! This offering includes a 4,644 SF mixed-use building with 1,900 SF of retail space on the first floor and a spacious three-bedroom residential/office unit above, plus two adjacent vacant lots for parking or future development. Property Highlights: First Floor: 1,900± SF of prime retail space, soon to be vacant—ideal for boutiques, cafés, or creative businesses. Second Floor: 3-bedroom, 1-bath unit, perfect for residential or office/studio use. Parking & Garages: Driveway access leads to two single-stall garages + extra space to park. Recent Updates: New vinyl siding (2024), separately metered utilities, HVAC for heating & cooling. Development Potential: Both 734 Wealthy St SE & 410 Charles Ave SE offer potential for new construction, expanding investment value. Unbeatable Location: Located on a prime corner in East Hills, one of Grand Rapids' most desirable destinations. Surrounded by thriving local businesses, restaurants, bars, coffee shops, and parks. High foot traffic and strong rental market, making it ideal for investors and entrepreneurs. Easy access to downtown Grand Rapids and major thoroughfares. List Price: $2,200,000 | Property Taxes: Estimated at $19,236.12/year This is a turnkey mixed-use property with immediate income potential, strong development upside, and an unbeatable location. Contact us today for a private tour! Email or call Ksenia ksenia@fancyrealestate.org 616.302.2502

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$474 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C

APN/PARCEL ID

41-14-31-229-002

ASK ABOUT THIS PROPERTY

Ksenia DerouinFancy Real EstateMore Info
616-302-2502

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Ksenia DerouinFancy Real EstateMore Info
616-302-2502

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.