Renovated Office
For Sale
Contact for pricing
1048 WEALTHY ST, Grand Rapids, MI 49506
Second-floor workspace with vaulted ceilings, private entry, waiting room, bathroom, and two flexible-use rooms.
Property Size604 SF
Price / SF$0.05
Days on Market12
Property Features for 1048 WEALTHY ST
General Information
Standard status
Active
Size
604 SF
Property subtype
Industrial
Additional Details
Floor
2
Amenities
high vaulted ceilings
private side entrance
waiting room
full bathroom
two multi-purpose use rooms
spray foam insulation
Composition, Rubber
25126
Building Details
Year Built
1884
Year Renovated
2021
Buildings
1
Tenancy
Multi
Owner Occupied
No
Listing Agency:
Five Star Real Estate (Eastown)
(616) 856-0506
Listed By:
Anna Alvarez
(616) 856-0506
Source:
Xome
Added: Aug 21
Changed: Aug 31
Last Checked: Aug 31 at 3:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Five Star Real Estate (Eastown)
Investment Insights
Based on property information with market context.
This second-floor office unit occupies the upper level of an 1884 building and was comprehensively renovated in 2021. The space features vaulted ceilings, a private side entrance, a waiting room, full bathroom, and two multipurpose rooms. Spray-foam insulation was added during the renovation. Building improvements include a full roof replacement in 2026, fresh exterior paint, and new gutters.
The property is positioned near Wealthy Street shopping and dining within the Wealthy Theater Historic District. Street parking is available, with the city-owned Barth Lot located 350 feet away. The lower level is occupied by the owners’ interior design studio and art gallery. A gross lease structure includes electric, gas, water and sewer, trash, and Wi-Fi.
The property is positioned near Wealthy Street shopping and dining within the Wealthy Theater Historic District. Street parking is available, with the city-owned Barth Lot located 350 feet away. The lower level is occupied by the owners’ interior design studio and art gallery. A gross lease structure includes electric, gas, water and sewer, trash, and Wi-Fi.
Key Highlights
- Second‑floor office unit at 1048 WEALTHY ST, Grand Rapids, MI 49506
- Gut renovated in 2021 with spray‑foam insulation
- Vaulted ceilings and private east‑side entrance
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,250
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Second-floor workspace with vaulted ceilings, private entry, waiting room, bathroom, and two flexible-use rooms.
Where is this office units located?
The property is located at 1048 WEALTHY ST Grand Rapids, MI.
What are key features of this property?
This property features: Second‑floor office unit at 1048 WEALTHY ST, Grand Rapids, MI 49506; Gut renovated in 2021 with spray‑foam insulation; Vaulted ceilings and private east‑side entrance
