Free-Standing Building in Vibrant
For Lease
$18 SF/Yr
1052 Wealthy St SE, Grand Rapids, MI 49506
Charming 1930 building in high-traffic, walkable Grand Rapids location.
Space SizeContact for details
Property Size1,760 SF
Days on Market108
Property Features for 1052 Wealthy St SE
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Commercial
Building Details
Year Built
1930
Units
1
Listing Agency:
Grand Rapids North Market Center, LLC
(810) 423-9296
Listed By:
Roger Ackerman · License #6501295615
(810) 423-9296
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 8 at 6:54AM
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
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
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,525
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Dining 34%
Family Dollar
Shops & Services
6,683 visits/mo
0.3 miles
Dollar General
Shops & Services
3,547 visits/mo
0.4 miles
SUBWAY
Dining
3,211 visits/mo
0.1 miles
BIGGBY COFFEE
Dining
2,099 visits/mo
0.1 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
Market
Lease Benchmarks for Grand Rapids, MI
$15.83 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
2,743 SF
Avg Space Size
This space is priced 14% above the average of $15.83 /SF/Yr.
Questions? Ask Rey
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Similar Off Market Nearby
- New Design Floral — 973 Cherry St SE, Grand Rapids, MI 49506
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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.
