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    2184 Wealthy Street SE

    Grand Rapids, MI 49506
    • $1,500,000
    • STATUS: Active
    • ON SITE: 135 days
    • MLS #: 21008912
    UPDATED: 37 min ago
    $1,500,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,151
      SQFT
    • $361
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1953
    County:

    School Ratings & Info

    School District:

    Description

    This East Grand Rapids Mixed Use Building is a very solid investment. Recent retail space changes have also increased longer-term leases. It's one rare opportunity to own an East Grand Rapids asset and prime location. Located at the center / crossroads of East Grand Rapids this building sits on the southwest corner on two street fronts. Features include 4 income units with 4 parking spots with potential for expansion to build more rental space. The 2 Bedroom Apartment/Office space and 3 retail units offers a strong historical revenue stream and 100% Occupancy.Recent improvements include a newer roof, newer windows, electrical panels updates, hot water heaters, HVAC and more. Pretty easy to show with 48 hours notice.

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    © 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2021-08-05T20:00:34.513.
    www.gingerbaxtergroup.com/homes/115357028
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    2184 Wealthy Street SE Grand Rapids, MI 49506

    • Price: $1,500,000
    • Status: Active
    • Updated: 37 min ago
    • MLS #: 21008912
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    4,151
    SQFT
    $361
    $/SQFT
    1953
    Built
    Neighborhood:
    East Grand Rapids
    County:
    Kent
    Area:
    G41 - Kent County
    School District:
    East Grand Rapids
    Property Description
    This East Grand Rapids Mixed Use Building is a very solid investment. Recent retail space changes have also increased longer-term leases. It's one rare opportunity to own an East Grand Rapids asset and prime location. Located at the center / crossroads of East Grand Rapids this building sits on the southwest corner on two street fronts. Features include 4 income units with 4 parking spots with potential for expansion to build more rental space. The 2 Bedroom Apartment/Office space and 3 retail units offers a strong historical revenue stream and 100% Occupancy.Recent improvements include a newer roof, newer windows, electrical panels updates, hot water heaters, HVAC and more. Pretty easy to show with 48 hours notice.
    Exterior Features

    Construction Type Frame/Wood Exterior Material BrickVinyl Siding Finished Building Levels 2.00 Lot Dimensions 40X106 Number Of Buildings 1.00 Road Frontage 105.00 Total Parking Spaces 5 Water Access No Waterfront No

    Interior Features

    Heat Source Natural Gas Heat Type Forced Air Tot Bldg Retail Sq Ft 2740.00

    Property Features

    Annual Property Tax 15346.00 Association Greater Regional Alliance Of Realtors Business Includes Real Estate Commercial Type Retail/Commercial Mineral Rights No New Construction No Sale Conditions None Sewer Public Tax Year 2020 Terms Available CashOther Uses Professional/OfficeRestaurantRetail Util Avl At Street CableNatural GasPublic Sewer Utilities Attached Natural Gas Water Public Zoning C-1

    Listing provided courtesy of Todd Roesler of Keller Williams Gr East. © 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
    © 2021 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2021-08-05T20:00:34.513.
     
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    Ginger Baxter Group | Keller Williams Grand Rapids North
    3237 Platinum St NE
    Grand Rapids MI, 49525