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TEDROS FREMICHAEL HOMES GR
POWERED BY GRAND RIVER REALTY
330 Fuller Ave NE, Grand Rapids, MI 49503 | (616) 821-8491
Bedrooms:
Bathrooms:
2
Square Feet:
2700
Type:
Retail
County:
Kent
School District:
Grand Rapids
Year Built:
1900
Listing Type:
Commercial Sale
City:
Commercial Sale
1035 Wealthy Street SE, Grand Rapids, MI 49506
$595,000
Description
A rare mixed-use building located in Eastown, Grand Rapids, featuring two distinct units:
✖️Residential Unit: A spacious 3-bedroom, 1-bathroom apartment with a rooftop deck.
✖️Commercial Unit: Currently leased to Scorpion Coffee, offering a well-designed space with a side yard patio.
Situated in the heart of Eastown, one of Grand Rapids' most vibrant neighborhoods, the area is known for its historic architecture, walkability, and diverse mix of local businesses. Nearby, you'll find popular spots like Terra GR, The Electric Cheetah, Harmony Brewing Company, Yesterdog, and Wolfgang's Restaurant, along with a variety of boutiques and community spaces.
✖️pro forma Cap Rate: ~8.9%.
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