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Free-Standing Office Building
For Lease
$19 SF/Yr

1052 Wealthy Street SE, Grand Rapids, MI 49506

COMMERCIAL - Grand Rapids, MI

Space SizeContact for details
Lot Size0.05 Acres
Days on Market432

Property Features for 1052 Wealthy Street SE

General Information

Property type Commercial Lease
Property subtype Office
Rooms Basement
Fireplace 1
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Directions Wealthy St between Diamond and Fuller
Subdivision Grand Rapids - G
Standard status Active
APN 41-14-32-126-019
Size 1,760 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description W 40 FT OF LOT 9 BLK 1 8 BARTH S ADDITION
Legal Description W 40 FT OF LOT 9 BLK 1 8 BARTH S ADDITION

Utilities

Utilities Natural Gas Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1930
Building materials Block
Roof type Rubber
Listing Agency: Keller Williams GR North · Keller Williams Realty
Listed By: Roger Ackerman · License #6501295615
Added: Jun 13, 2025 Changed: Aug 4 Last Checked: Aug 18 at 11:06AM
MLS# 25028419

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1930-built office property provides 1,760 square feet on the main level, along with additional finished basement space. The block construction includes a rubber roof, forced-air heating, central air conditioning, a fireplace, and natural gas availability. The building is currently occupied by Wealthy Street Animal Hospital.

The property is located at 1052 Wealthy Street SE in Grand Rapids, within the East Hill, Eastown, and Baxter areas. Its setting on a walkable, high-traffic corridor places the building within an established urban commercial environment. The 0.05-acre parcel supports a compact, freestanding configuration suited to office, retail, or service-oriented occupancy as identified in the property information.

Key Highlights

  • 1,760 square feet of main‑level office space
  • Additional finished basement area included
  • 1930 construction with block exterior and rubber roof

Property Analytics

Current Use

Wealthy Street Animal ... Veterinary Clinic

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,525
Businesses Nearby

Demographics for 49506, MI

33,050
Population
13,262
Households
2.5
Avg Household Size
34
Median Age
67%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
4,527
Density / Sq Mi
$112,287
Median Household Income
$48,631
Median Earnings
$1,305
Median Rent
$338,600
Median Home Value

Market

Lease Benchmarks for Grand Rapids, MI

$16.47 /SF/Yr
Avg Asking Price
$13.95–$19 /SF/Yr
Price Range
48,146 SF
Avg Space Size

This space is priced 15% above the average of $16.47 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Main-level space is complemented by finished basement area in a 1930-built block structure.
Where is this office building located?
The property is located at 1052 Wealthy Street SE Grand Rapids, MI.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: 1,760 square feet of main‑level office space; Additional finished basement area included; 1930 construction with block exterior and rubber roof
More about this property
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