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New Retail Space Near Downtown
For Lease
$15 SF/Yr

90 Wealthy St SE, Grand Rapids, MI 49503

Street-level commercial space in a recently built property near established healthcare institutions and active business corridors.

Space SizeContact for details
Days on Market50

Property Features for 90 Wealthy St SE

General Information

Standard status Active
Property subtype Retail
Zoning TCC
Lease Type NNN

Amenities

Water
Sewer

Building Details

Year Built 2023

Spaces For Lease

at 90 Wealthy St SE Contact us

Available Space $15/Mo

Contact us
Listing Agency: Fancy Real Estate
Listed By: Danielle Williams
Source: Carwm.resimplifi
Added: Jul 14 Changed: Aug 30 Last Checked: Aug 31 at 1:36PM

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 Fancy Real Estate

Investment Insights

Based on property information with market context.

This 1,467-square-foot retail space was built in 2023 and is designated TCC zoning. The property occupies the corner of Wealthy Street and Sheldon Street, positioning the space within the Wealthy Street business district near downtown Grand Rapids.

Mary Free Bed and Trinity Health are nearby, with daily activity generated by employees, patients, and visitors. The South Division corridor is a few blocks south and includes a Corridor Improvement Authority focused on public investment, rezoning, and mixed-income housing projects. Residential growth on the block adds further surrounding activity.

Key Highlights

  • 1,467 SF retail space
  • Built in 2023
  • TCC zoning

Property Analytics

Current Use

Wealthy & Sheldon Apartments Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Veterinary Clinic Storage Facility Carpet & Flooring Store Pet Grooming 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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,525
Businesses Nearby
34k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 34% Home Improvements & Furnishings 10%
Burger King Dining
9,500 visits/mo 0.5 miles
Family Dollar Shops & Services
6,683 visits/mo 0.2 miles
Leo's Coney Island Dining
3,662 visits/mo 0.4 miles
Dollar General Shops & Services
3,547 visits/mo 0.5 miles
SUBWAY Dining
3,211 visits/mo 0.0 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

Market

Lease Benchmarks for Grand Rapids, MI

$16.75 /SF/Yr
Avg Asking Price
$3.81–$35 /SF/Yr
Price Range
24,398 SF
Avg Space Size

This space is priced 10% below the average of $16.75 /SF/Yr.

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Frequently Asked Questions

What type of property is this?
Retail space - Street-level commercial space in a recently built property near established healthcare institutions and active business corridors.
Where is this retail space located?
The property is located at 90 Wealthy St SE Grand Rapids, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 1,467 SF retail space; Built in 2023; TCC zoning
More about this property
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