2184 Wealthy Street Se, Grand Rapids, MI 49506

$1,500,000
2
SqFt
List Price
$1,500,000
Days on Market
46
MLS#
21008912
Status
ACTIVE
Type
Commercial
Full-baths
5
Living Area
2

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.

Additional Information

Taxes
$15,346
SEV
287200
Acres
0.101
Exterior Material
Brick, Vinyl Siding
Fireplaces
1
Heating
Forced Air
Heat Source
Natural Gas
Middle School
E 40' of N 106' of Lot #2 * Parley H Brown Sub.
Road Frontage
105
School District
East Grand Rapids
Sewer
Public
Style
No
Total Parking Spaces
5
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Todd Roesler with Keller Williams GR East.

© 2021 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .