2137 Wealthy StGrand Rapids, MI 49506

  • Commercial real estate
  • 1,465 SF
For Lease
$35/SF/YR View listing

Property Details for 2137 Wealthy St

Year built
1930
Lot size
0.11 AC
Property size (Sq ft)
1,465 SF
Zone code
C-1
Property type
Commercial real estate
APN
41-14-33-276-015
APU
411433276015

Description

This exceptional 1,465-square-foot executive office space at 2137 Wealthy St SE in Grand Rapids, Michigan, presents a unique opportunity. Located in the desirable East Grand Rapids submarket, this single-tenant property boasts a prime location, offering convenient access to Collins Park and Reed's Lake. The building, constructed in 1997 and extensively renovated in 2022, is a single-story structure with a 12-foot ceiling height. The property sits on a 0.11-acre lot and is zoned C-1, providing flexibility for various business uses. The entire 1,465 square feet is currently vacant and ready for immediate occupancy. This fully built-out, turn-key space eliminates the need for extensive renovations, allowing for a quick and efficient move-in. A significant advantage is the inclusion of on-site parking, a rare amenity in this area. This Class C property offers a blend of modern updates and a convenient location, making it an ideal space for businesses seeking a prestigious and functional office environment in East Grand Rapids, Kent County, MI, zip code 49506. The property is available for lease. Please note that contacting current tenants is prohibited.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $260,809
    Hospitality
    $238,899
    Educational
    $198,761
    Medical
    $205,597
    Retail
    $309,184

Location Insight

City
Grand Rapids
County
Kent
State
Michigan
Latitude
42.9514
Longitude
-85.6159
CBSA code
24340
CBSA name
GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$17,038
-
-
$279,600
-
-
-
$559,200

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