Built-Out Conventional Restaurant
For Lease
$25 SF/Yr
701 Wealthy St SE, Grand Rapids, MI 49503
Diner-style interior with an outdoor patio and installed kitchen.
Space Size3,183 SF
Days on Market99
Property Features for 701 Wealthy St SE
General Information
Standard status
Active
Size
3,183 SF
Net Rentable
3,183 SF
Property subtype
Retail
Zoning
TBA
Lease Type
NNN
Space & Availability
Available Space
3,183 SF
Contiguous Space
3,183 SF
Space Use
Restaurant
Furnished
Yes
Restaurant
Patio
Yes
Equipment Included
Yes
Building Details
Year Built
1955
Spaces For Lease
at 701 Wealthy St SE
Available Space
$25/Mo
Listing Agency:
Advantage Commercial Real Estate
Listed By:
Murphy Wynsma · License #6501452085
(616) 802-2608
Source:
Carwm.resimplifi
Added: Jul 10
Changed: Oct 12
Last Checked: Oct 16 at 5:43AM
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 Advantage Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,183-square-foot conventional restaurant space includes an installed kitchen, diner-style interior, and outdoor patio. Furniture, fixtures, and equipment are included in the base rent, providing a furnished setup for a restaurant operator. The property was built in 1955 and is identified with TBA zoning.
Positioned at the corner of 701 Wealthy St SE in Grand Rapids, the space sits within the Wealthy Street retail corridor. Nearby destinations include Donkey Taqueria, The Winchester, Wealthy Street Bakery, and Zivio, along with additional retail and dining businesses in the surrounding district.
Positioned at the corner of 701 Wealthy St SE in Grand Rapids, the space sits within the Wealthy Street retail corridor. Nearby destinations include Donkey Taqueria, The Winchester, Wealthy Street Bakery, and Zivio, along with additional retail and dining businesses in the surrounding district.
Key Highlights
- 3,183 SF conventional restaurant space
- Built‑out kitchen with diner‑style interior
- Outdoor patio included
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,691
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
4,660 visits/mo
0.5 miles
Demographics for 49503, MI
39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
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
$20.79 /SF/Yr
Avg Asking Price
$12–$27.95 /SF/Yr
Price Range
5,839 SF
Avg Space Size
This space is priced 20% above the average of $20.79 /SF/Yr.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Diner-style interior with an outdoor patio and installed kitchen.
Where is this conventional restaurant located?
The property is located at 701 Wealthy St SE Grand Rapids, MI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 3,183 SF conventional restaurant space; Built‑out kitchen with diner‑style interior; Outdoor patio included
