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Historic Brick Retail Storefront
For Lease
$18 SF/Yr NNN

1533 Wealthy St SE, Grand Rapids, MI 49506

Retail storefront for lease with an open layout, hardwood floors, and a skylight.

Space SizeContact for details
Days on Market185

Property Features for 1533 Wealthy St SE

General Information

Standard status Active
Property subtype Retail
Zoning TBA
Lease Type NNN

Building Details

Year Built 1920
Construction historic brick storefront

Spaces For Lease

at 1533 Wealthy St SE Contact us

Available Space $18/Mo

Contact us
Listing Agency: NAI Wisinski of West Michigan
Listed By: Chandler Kennell · License #6501460922
Source: Carwm.resimplifi
Added: Mar 25 Changed: Sep 9 Last Checked: Sep 24 at 6:37AM

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 NAI Wisinski of West Michigan

Investment Insights

Based on property information with market context.

This historic brick retail storefront offers 2,849 square feet of space with an open floor plan. Interior features include hardwood floors and a skylight designed to keep the space bright and welcoming.

The property is positioned at a well-known intersection on Wealthy St SE and Lake Dr, with traffic counts of 6,891 VPD on Wealthy St SE and 10,783 VPD on Lake Dr. The location is in the Eastown area of Grand Rapids, with convenient access to East Grand Rapids and Downtown.

Suitable for retail or office use, the space is available for lease with NNN charges in addition to the stated asking rent.

Key Highlights

  • 2,849 SF retail storefront for lease in Grand Rapids’ Eastown neighborhood
  • Historic brick storefront built in 1920 with an open floor plan
  • Hardwood floors and skylight provide a bright, open interior

Property Analytics

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Current Use

Jimmy John's Take-out & Catering Cottage Inn Pizza ... Take-out & Catering Tia’s Play Cafe Family Recreation Center Makaria's Gate (Bike/Boat/Book/etc) Store Riverside Guitar School Training Center

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Building Supply Auto Parts Store Grocery & Convenience Store Electrical Service

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

Location Intelligence

Trade Area within ½ mile

1,091
Businesses Nearby
29k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Dining 31% Beauty & Spa 11%
Citgo Shops & Services
9,397 visits/mo 0.1 miles
Jimmy John's Dining
5,168 visits/mo 0.0 miles
Family Dollar Shops & Services
4,275 visits/mo 0.5 miles
Jude's Barbershop Beauty & Spa
3,264 visits/mo 0.0 miles
Huntington Bank Shops & Services
3,011 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Grand Rapids, MI

$17.48 /SF/Yr
Avg Asking Price
$3.81–$35 /SF/Yr
Price Range
28,385 SF
Avg Space Size

This space is priced 3% above the average of $17.48 /SF/Yr.

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Frequently Asked Questions

What type of property is this?
Retail space - Retail storefront for lease with an open layout, hardwood floors, and a skylight.
Where is this retail space located?
The property is located at 1533 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: 2,849 SF retail storefront for lease in Grand Rapids’ Eastown neighborhood; Historic brick storefront built in 1920 with an open floor plan; Hardwood floors and skylight provide a bright, open interior
More about this property
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