Free-Standing Building in Vibrant
1052 Wealthy St SE, Grand Rapids, MI 49506
For Lease
$18 SF/Yr
Charming 1930 building in high-traffic, walkable Grand Rapids location.
Space SizeContact for details
Days on Market201
Property Features for 1052 Wealthy St SE
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Units
Listing Agency:
Grand Rapids North Market Center, LLC
Listed By:
Roger Ackerman · License MI #6501295615
(810) 423-9296
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 25 at 7:12AM
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 Grand Rapids North Market Center, LLC
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Investment Insights
Based on property information with market context.
This free-standing commercial building, constructed in 1930, is situated in a vibrant corridor at the intersection of the East Hill, Eastown, and Baxter neighborhoods of Grand Rapids. The property offers 1,760 square feet of main-level space, with additional finished basement square footage included. The building features classic architecture and is located in a high-traffic, walkable area. The location has a walk score of 91, indicating it is a 'Walker's Paradise', a bike score of 62, indicating it is 'Bikeable', and a transit score of 40, indicating it has 'Some Transit'. The property is suitable for a variety of professional, retail, or service-oriented uses. The lease term is 36-60 months.
Key Highlights
- High Walk Score (91): Enjoy a Walker's Paradise location.
- Prime Location: Situated at the intersection of East Hill, Eastown, and Baxter neighborhoods.
- Versatile Space: Suitable for professional, retail, or service‑oriented businesses.
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,275
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 45%
Jimmy John's
Dining
5,168 visits/mo
0.5 miles
Family Dollar
Shops & Services
4,275 visits/mo
0.0 miles
Huntington Bank
Shops & Services
3,011 visits/mo
0.1 miles
Pizza Hut
Dining
2,430 visits/mo
0.4 miles
Domino's Pizza
Dining
1,292 visits/mo
0.3 miles
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
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Market
Lease Benchmarks for Grand Rapids, MI
$16.86 /SF/Yr
Avg Asking Price
$3.81–$26 /SF/Yr
Price Range
31,625 SF
Avg Space Size
This space is priced 7% above the average of $16.86 /SF/Yr.
Average Price Trend$/SF/Yr for Storefront properties in Kent County, MI
Properties on Market for Storefront properties in Kent County
Similar Off Market Nearby
- Guminas Flowers — 833 Giddings Ave SE, Grand Rapids, MI 49506
- New Design Floral — 973 Cherry St SE, Grand Rapids, MI 49506
Frequently Asked Questions
What type of property is this?
Storefront property - Charming 1930 building in high-traffic, walkable Grand Rapids location.
Where is this storefront property located?
The property is located at 1052 Wealthy St SE Grand Rapids, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: High Walk Score (91): Enjoy a Walker's Paradise location.; Prime Location: Situated at the intersection of East Hill, Eastown, and Baxter neighborhoods.; Versatile Space: Suitable for professional, retail, or service‑oriented businesses.
