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New Retail Space Near Downtown

90 Wealthy Street Southeast, Grand Rapids, MI 49503

For Lease
$15 SF/Yr

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

Space Size405 SF - 1,062 SF
Property Size23,197 SF
Days on Market110

Property Features for 90 Wealthy Street Southeast

General Information

Standard status Active
Size 405 SF - 1,062 SF
Property subtype Retail - Street Retail

Site & Location

Neighborhood Southeast Community

Building Details

Building Size 23,197 SF
Year Built 2023
Year Renovated 2023
Units 3

Spaces For Lease

at 90 Wealthy Street Southeast Contact us

F $15/SF/Yr

Floor 1
Size 1,062 SF
Type Street Retail
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

G $15/SF/Yr

Floor 1
Size 405 SF
Type Street Retail
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite E $15/SF/Yr

Floor 1
Size 500 SF
Type Street Retail
Lease Type NNN
Availability Immediate
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Fancy Real Estate
Listed By: Danielle Williams · License #6501463708
Source: Commercialcafe
Added: Jul 20 Changed: Nov 6 Last Checked: Nov 6 at 5:37AM

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 Fancy Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

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 Auto Parts Store (Bike/Boat/Book/etc) Store Veterinary Clinic Storage Facility Carpet & Flooring 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
$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

$16.93 /SF/Yr
Avg Asking Price
$3.81–$35 /SF/Yr
Price Range
26,349 SF
Avg Space Size

This space is priced 11% below the average of $16.93 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Grand Rapids, MI

$17.6 Jul
$16.75 Aug
$17.32 Sep
$16.95 Oct

Properties on Market for Retail space in Grand Rapids

Jul
Aug
Sep
Oct

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 Street Southeast 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
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