738 Wealthy Street

  • $1,880,000
738 Wealthy Street, Grand Rapids, MI 49503
Listing courtesy of Fancy Real Estate, Hannah Greening, Fancy Real Estate

Overview

Property ID: 25043407
  • Retail
  • Property Type
  • ********
  • Bedroom
  • 4644
  • Sq Ft
  • 1900
  • Year Built
For Sale
738 Wealthy Street, Grand Rapids, MI 49503
  • $1,880,000

Overview

Property ID: 25043407
  • Retail
  • Property Type
  • ********
  • Bedroom
  • 4644
  • Sq Ft
  • 1900
  • Year Built

Description

Positioned at one of East Hills’ most visible corners, this property blends stable income with built-in upside. The upstairs space is fully leased, while the main floor retail offers 1,900 SF under a sale-leaseback with the current operator, ensuring immediate cash flow and a smooth transition for new ownership.

Anchoring the corner of Wealthy and Charles, the site also includes a newly branded lot ~ Picnic on Wealthy ~ recently approved for up to three food trucks, adding a vibrant community draw and additional revenue potential. With leased residential, income-producing retail, and a high-profile activation corner, this is a complete package ready to deliver returns from day one.

Recent improvements include new vinyl siding, updated HVAC, and separately metered utilities. Zoning allows for up to four stories, with historic protection on 738 Wealthy requiring approval for expansion, while 734 Wealthy has no restrictions.

Details

Updated on August 27, 2025 at 8:54 am
  • Property ID: 25043407
  • Price: $1,880,000
  • Property Size: 4644 Sq Ft
  • Land Area: 0.29 Acres
  • Bedroom: ********
  • Garage: Attached
  • Year Built: 1900
  • Property Type: Retail
  • Property Status: For Sale
  • Address 738 Wealthy Street
  • City Grand Rapids
  • State/county Michigan
  • Zip/Postal Code 49503
  • Country US

Features

  • Air Conditioning

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