Wealthy Street Multi-Unit Investment
For Lease
$65.86 SF/Yr
1120 Wealthy Street SE, Grand Rapids, MI 49506
Renovated multi-unit property with residential and commercial suites for lease.
Space Size5,044 SF
Days on Market170
Property Features for 1120 Wealthy Street SE
General Information
Standard status
Active
Size
5,044 SF
Property subtype
Retail
Lease Term
MG
Building Details
Building Size
5,044 SF
Year Built
1923
Spaces For Lease
at 1120 Wealthy Street SE Contact us- Size
- 5,044 SF
- Type
- Street Retail
- Term
- 36 to 60 months
Available Space $65.86/SF/Yr
Listing Agency:
Signature Associates
(616) 822-6310
Listed By:
Joe Rizqallah
(616) 822-6310
Source:
Tcnworldwide
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 23 at 4:11AM
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 Signature Associates
Investment Insights
Based on property information with market context.
This multi-unit property on Wealthy Street presents a potential live/work/own opportunity or investment. The property features four residential units, all renovated, with one two-bedroom unit still available for renovation and rehab. There are also three commercial suites, with one currently available for lease. The suites have been updated with new furnaces, HVAC, ductwork, plumbing, electrical systems, and flooring.
Key Highlights
- Renovated multi‑unit investment opportunity on busy Wealthy Street.
- Three residential units are already renovated, with four in total.
- Three commercial suites, one available for lease.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$9.88 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,275
Businesses Nearby
16k
Monthly Visits Nearby
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated multi-unit property with residential and commercial suites for lease.
Where is this mixed-use property located?
The property is located at 1120 Wealthy Street SE Grand Rapids, MI.
What is the lease rate?
The lease rate is $65.86 SF/Yr.
What are key features of this property?
This property features: Renovated multi‑unit investment opportunity on busy Wealthy Street.; Three residential units are already renovated, with four in total.; Three commercial suites, one available for lease.
