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    Property profile & analytics
    OFF-MARKET
    Retail space

    620 Wealthy SE St, Grand Rapids, MI 49503-5432

    3,216 SF 0.2 ac lot
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-1904679
    Property summary
    AI-generated overview

    This exceptional 1,684 square foot retail space presents a rare opportunity to establish or expand your business on the vibrant Wealthy Street corridor in Grand Rapids, Kent County. Located on a busy corner, this inline retail space benefits from high foot traffic and visibility. The property is part of a multi-tenant building, offering a dynamic and thriving commercial environment. The space is ideal for a variety of retail uses, providing ample room for showcasing products and services. Its prime location places it within close proximity to a diverse range of established businesses, including Wealthy Street Bakery, Fox Naturals, Dime & Regal, Donkey, Winchester, and Good Truckin' Diner, creating a synergistic and attractive commercial cluster. This presents a unique chance to capitalize on the energy and foot traffic of this bustling area. The property is classified as inline retail and neighborhood retail, catering to the needs of businesses seeking a strong presence within a well-established commercial district. This space offers an excellent opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area. Serious inquiries are encouraged to explore this exceptional retail opportunity. The property is available for immediate occupancy. Contact us today to schedule a viewing.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Total area 3,216 SF
    Lot 0.2 ac (8,843 SF)
    Zoning code TN-TBA
    APN 41-14-31-226-037
    UPID US43-1904679
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Sable Candle Co. Home Decor Store
    • Cultivate Vocational School
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Terra Firma Holdings LLC · 4 yrs held
    Terra Firma Holdings LLC
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    TN-TBA · Grand Rapids, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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