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For Sale
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Property summary
This exceptional 12,000 square foot storefront property, located at 431 Wealthy St SW, Grand Rapids, MI 49503 (APN: 41-13-25-383-004), presents a unique investment opportunity. Situated on a 0.61-acre lot at the corner of Wealthy and Market Streets, this historic Grand Rapids Railway Station boasts a prime location at the gateway to the city. The property benefits from its position directly across from Grand Rapids' largest planned development along the Grand River, a transformative project… encompassing a 12,000-capacity amphitheater (projected completion 2025), up to 1,750 new apartments, extensive retail space, and significant parkland. This revitalization project is designed to enhance the Grand River's rapids and create a vibrant downtown area. All utilities are in place, and the property's location within an Opportunity Zone provides significant tax advantages for investors. This landmark building offers immense potential for a variety of retail uses, capitalizing on the substantial growth and increased foot traffic expected from this exciting development. The asking price is $1,500,000. Don't miss this chance to own a piece of Grand Rapids history and secure a prominent position in a rapidly expanding urban core.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
2 recorded sales · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 1,056 SF
- Lot area
- 0.61 ac
- Year built
- 1980
- Stories
- 1
- APN
- 41-13-25-383-004
- Zoning
- TN-CC
- Assessed value · 2024
- $213,100
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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