Grand Rapids, MI 49506 1035 Wealthy Street SE
$595,000
Pending
28 more
Presented By: Max B Grover at MOXIE Real Estate + Development - (616) 890-7794
Beds • 3
Baths • 2
SQFT • 2,700
Home Details
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%.
Presented By: Max B Grover at MOXIE Real Estate + Development - (616) 890-7794
Interior Features for 1035 Wealthy Street SE
Bedrooms
Main Level Bedrooms0
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
BasementMichigan Basement, Partial
Below Grade Finished Area0.0
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesUpper Level
Total Fireplaces
General for 1035 Wealthy Street SE
Additional Parcels Y/NNo
Carport Y/NNo
CityGrand Rapids
Construction MaterialsWood Siding
CountyKent
DirectionsWealthy & Fuller
Electric On Property Y/NNo
Full Baths2
Garage Y/NNo
HeatingForced Air
High School DistrictGrand Rapids
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLOT 1713* STEINMANN S ASSESSOR S PLAT NO 59
Listing TermsCash, Conventional
Lot Size Square Feet2614.0
Lot Size UnitsAcres
MLS AreaGrand Rapids - G
MLS Area MinorGrand Rapids - G
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-11T14:15:41Z
New ConstructionNo
PossessionClose Of Escrow, Subject To Tenant Rights
Property SubtypeSingle Family Residence
Property TypeResidential
Rent Control Y/NNo
Senior CommunityNone
SewerPublic
Standard StatusPending
StatusPending
Stories2
Tax Annual Amount7372.0
Tax Assessed Value193900
Tax Year2024
Total Rooms3
TownshipCity of Grand Rapids
Waterfront Y/NNo
Year Built1900
Zoning DescriptionTN-TBA
Exterior for 1035 Wealthy Street SE
Building Area Total2700.0
BuyerOfficeFax616-975-5678
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions75x32
Lot Size Acres0.06
Lot Size Area0.06
Open Parking Y/NNo
SpaNo
Water SourcePublic
Additional Details
Price History
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License #543277