WEALTHY STREET FREESTANDING FOR SALE
Retail-Commercial
for Sale
| Catylist Listing ID: |
30667134 |
| Property Subtypes: |
Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Post Office, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
|
| Building Size (RSF): |
4,553 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$595,000 |
| Unit Price: |
$130.68 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/13/2021 |
Overview / Comments
Wealthy Street is a thriving retail corridor in Grand Rapids. where an eclectic mix of specialty shops and galleries, restaurants, coffee houses and entertainment venues reflect the area's friendly, funky, fabulous character. It's an easy walk or quick drive between businesses, on streets lined by historic homes and buildings.
This is an to opportunity to own and redevelop a mixed use building in the Wealthy Street neighborhood and adding to the already established and strong retail corridor. Property is next to the popular Electric Cheetah, The Meanwhile Bar, Brick Road Pizza, and Wealthy Market.
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Additional Details
| Nearest MSA: |
Grand Rapids-Kentwood |
| County: |
Kent |
| Submarket/Township: |
East Grand Rapids |
| Taxing Authority: |
GRAND RAPIDS |
| Tax ID/APN: |
41-14-29-379-021 |
| Zoning: |
TN-TBA (TRADITIONAL BUSINESS AREA) - COMMERCIAL - WEALTHY STREET HISTORIC DISTRICT |
| Property Located Between: |
EASTERN & FULLER |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
WEALTHY & EASTERN |
| Highway Access: |
EASY ACCESS TO US-131 |
| Airports: |
GERALD R FORD INTERNATIONAL AIRPORT |
| Tenancy: |
Single Tenant |
| Parking Description: |
On Street |
| Lot Frontage: |
40 |
| Lot Depth: |
99 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
LOT 1683* STEINMANN S ASSESSOR S PLAT NO 58 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
30,529 |
160,081 |
286,663 |
| Median Age: |
28.63 |
31.08 |
33.5 |
| Households: |
12,228 |
58,934 |
110,486 |
|
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