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941 Wealthy St SE Grand Rapids, MI 49506

For Sale
$1,600,000

Mixed-use building in Wealthy Theatre District with retail and apartment.

Property size:
6,000 SF
Lot size:
0.18 Acres

Property Features for 941 Wealthy St SE

General Information

Size
6,000 SF
Lot size
0.18 Acres

Source: Pure Real Estate Brokerage, LLC Agent Courtney Marquis Mulica

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Wealthy Theatre District Mixed-Use Building

Located in the Wealthy Theatre Historical District, this mixed-use building presents a live-work opportunity or investment potential. Originally constructed in 1916 as a Post Office, the property has been upgraded and maintained. The building includes 9 parking spaces. The layout is adaptable for various uses. The ground level retail space offers approximately 2,440 square feet of open space, featuring high ceilings and natural light. The upper level apartment is modern and includes 4 bedrooms and 1 bath. The property has separate entrances and separately metered utilities, offering a turn-key option for an owner user or for leasing out either the apartment or commercial space. Additional features include an outdoor patio and a large, polished concrete basement for storage. A new roof and water heater have been installed, and the mechanical systems and appliances have been upgraded. The property is located one mile from downtown Grand Rapids and two miles from US 131. Nearby retailers include Squib Coffee and Wine Bar, Electric Cheetah, Meanwhile Bar, and Testa Rosa.
Insight Report Location Intelligence

Current Use by Public Records

Studio DVDP Photographer

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Grand Rapids
County
Kent
State
Michigan
Longitude
-85.6451546
Latitude
42.9557247

FAQs

What type of property is this?
Live-work space - Mixed-use building in Wealthy Theatre District with retail and apartment.
Where is this live-work space located?
The property is located at 941 Wealthy St SE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - Rare live-work opportunity in Wealthy Theatre Historical District; - 9 included parking spaces; - Turn-key with separate entrances and metered utilities for flexible use as owner-user or leasing
More about this property
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