431 Wealthy Street SE

Historic Grand Rapids Railway Station for Sale

Retail

Asking Price $1,450,000

Property Description

This property is at the intersection of two major roads across the street from Grand Rapids largest future transitional development on the Grand River. Corner of Market (west entrance to city) and Wealthy (south entrance to city). Historically, the location was used as the original Grand Rapids railway station. All possible utilities in place, along with being in an opportunity zone make this not only a key location, but a tax protected investment. 201 Market Ave SW has been approved for a 12,000-capacity riverfront amphitheater to be built by 2025. The amphitheater is one component of a planned redevelopment of a 31-acre stretch along Market venue between Fulton and Wealthy Streets. The vision for the area, developed by Grand Action in partnership with the city and others, includes up to 1,750 apartments, ground-floor retail space, and parks and greenspace. It’s designed to tie-into and complement efforts to revitalize and restore the Grand River’s rapids in downtown Grand Rapids.

https://grandfunkrailway.com/

Property Highlights

  • Across the street from Grand Rapid’s largest future transactional development on the Grand River
  • Exciting growth area that includes a 12,000 capacity amphitheater, 1,750 new apartments, retail, parks and greenspace
Retail

0.61 Acres

$1,133.00 Price per Sq. Ft.

Zoned:

County: Kent

Parcel ID # / APN 41-13-25-383-004

Listed By:

Jon Geenen

[email protected]

(616) 520-5467

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