734-738 Wealthy St. SE

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30018410
Property Subtypes: Street Retail
Building Size (RSF): 4,664 SF
Gross Building Area: See Agent
Gross Land Area: 0.29 Acres
Sale Price: $995,000
Unit Price: $213.34 PSF
Ceiling: 14 ft.
Property Use Type: Vacant/Owner-User
Building Name: Wealthy at Charles
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2017

Overview / Comments

Rare ownership opportunity on Wealthy Street within a robust, thriving and growing part of Grand Rapids. The purchase includes 410 Charles Street, 734 Wealthy Street (vacant corner lot on Wealthy and Charles) and 738 Wealthy Street. 410 Charles Street is a small parcel great for parking. 734 Wealthy Street is great for housing parties, patio seating, great for on-site parking or a new building for development. 738 Wealthy Street houses over 4,600 SF of beautiful mixed-use development. Retail on the main floor with high ceilings, open space flexible for a variety of retailers. Upstairs houses an upgraded loft style dwelling with full kitchen, full bathroom and excellent living space. Site comes with six parking spots and is walking distance from many excellent retailers including Winchester and Elk Brewery. Great for restaurant, coffee shop, deli, bar, street retail, office users, mixed-use development and many more. Free city parking across the street for additional parking.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: S 131 Corridor
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-14-31-229-001 & 002, 41-14-31-229-008
Zoning: TBA-TN
Property Located Between: Eastern & Charles
Feet of Frontage: 30
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1900
Year Renovated: 2005
Total Parking Spaces: 6
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 33,430 158,026 292,690
Median Age: 29 31.07 33.56
Households: 13,825 58,796 112,945

Contact

Photograph of Listing Agent

Joe Rizqallah

Signature Associates
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