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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 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Robert E Smith Realty | Hall and Hunter are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-19T23:56:04.13.
www.robertesmithrealty.com/homes/115356929
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2184 Wealthy Street SE EAST GRAND RAPIDS, MI 49506

  • Price: $1,500,000
  • Status: Active
  • Updated: 37 min ago
  • ID#: 65021008912
0
Beds
0
Baths
0
½ Baths
0.1
Acres
4,151
SQFT
$361
$/SQFT
1953
Built
Neighborhood:
East Grand Rapids
County:
Kent
Area:
East Grand Rapids
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 Materials BrickFrameVinylWood Lot Size Dimensions 40X106 Road Frontage Feet 105

Interior Features

Heating Cooling Forced Air Heating Fuel Natural Gas Room Count 0

Property Features

Commercial Type Business And Real Estate Listing Financing CashOther Postal City Grand Rapids Settlement City Sewer Sewer-SanitarySewer At Street Short Sale Unknown Tax Amount Summer 15346.0000 Total Tax 15346.0000 Unparsed Address 2184 Wealthy Street Se Water Source Municipal Water Year Remodeled 2017 Zoning Commercial

IDX provided courtesy of Realcomp II Ltd., via Keller Williams Gr East and Greater Regional AOR MLS, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Robert E Smith Realty | Hall and Hunter are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-19T23:56:04.13.
 
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Robert E Smith Realty | Hall and Hunter
442 S. Old Woodward
Birmingham MI, 48009