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Office Suite in Brick Building
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For Lease
$50 SF/Yr

1514 Wealthy Street SE, Grand Rapids, MI 49506

Commercial Lease, Grand Rapids, MI

Space SizeContact for details
Lot Size1.47 Acres
Days on Market2

Property Features for 1514 Wealthy Street SE

General Information

Property type Commercial Lease
Property subtype Office
Fireplace 1
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Standard status Active
APN 41-14-32-236-018
Size 440 SF
Lot size 1.47 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 411432236018 UNIT 18 THE EAST BUILDING CONDOMINIUM KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.790 INSTRUMENT NO.20051205-0146726 AS AMENDED BY INSTRUMENT NO. 20051227-0154889 SPLIT ON 01/20/2006 FROM 41-14-32-228-016, 41-14-32-228-017, 41-14-32-228- 018;
Legal Description 411432236018 UNIT 18 THE EAST BUILDING CONDOMINIUM KENT COUNTY CONDOMINIUM SUBDIVISION PLAN NO.790 INSTRUMENT NO.20051205-0146726 AS AMENDED BY INSTRUMENT NO. 20051227-0154889 SPLIT ON 01/20/2006 FROM 41-14-32-228-016, 41-14-32-228-017, 41-14-32-228- 018;

Utilities

Utilities Cable Available
Heating system Forced Air

Amenities

free parking

Building Details

Year built 1906
Building materials Brick
Listing Agency: Keller Williams GR North · Keller Williams Realty
Listed By: Tanya D Powell-May · License #6506046475
Added: Sep 24 Last Checked: Sep 25 at 3:06AM
MLS# 26051122

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Suite 210 provides 440 square feet of office space at 1514 Wealthy Street SE in Grand Rapids. The 1906 building is constructed of brick and has forced-air heating and a fireplace. Cable service is available, and free parking serves tenants and visitors.

Restaurants, coffee shops, retail, and neighborhood destinations are nearby. The property sits in the Wealthy Street and Eastown corridor, with access to downtown Grand Rapids, Heritage Hill, and surrounding areas.

Key Highlights

  • 440‑square‑foot office suite, designated Suite 210
  • Brick construction; building dates to 1906
  • Forced‑air heating and a fireplace

Property Analytics

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Current Use

Visiting Angels Home Health Care Service Eastown Financial Advisors Financial Advisor T M Group ... (Bike/Boat/Book/etc) Store Ron Skidmore, M.A., ... Counselor Beth Ann Townsend Physician

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Building Supply HVAC Service Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$7.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,091
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Grand Rapids, MI

$17.19 /SF/Yr
Avg Asking Price
$1.46–$36 /SF/Yr
Price Range
31,274 SF
Avg Space Size

This space is priced 191% above the average of $17.19 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - The 1906 building offers free parking for tenants and visitors, with restaurants, coffee shops, and retail nearby.
Where is this office units located?
The property is located at 1514 Wealthy Street SE Grand Rapids, MI.
What is the lease rate?
The lease rate is $50 SF/Yr.
What are key features of this property?
This property features: 440‑square‑foot office suite, designated Suite 210; Brick construction; building dates to 1906; Forced‑air heating and a fireplace
More about this property
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