East Grand Rapids Real Estate


$165,000
2151 Wealthy Street SE
East Grand Rapids, MI 49506
MLS# 23002304
1 baths  |  1280 sqft


2151 Wealthy Street SE, East Grand Rapids, MI 49506
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Property Description
Gaslight Village Restaurant for sale in East Grand Rapids. Wok & Mortar is a very successful business with dine in, take out, and on line ordering service available. Fresh made Asian Cuisine made to order, all fresh ingredients along with a variety of specialty food like sushi and other varieties as well. Inside seats approximately 50 and in the summer enjoy outside seating as well. Fresh paint & digital monitor menu boards have been installed as well. Top notch interior design by Mary Witte of ROI Design of Grand Rapids. Equipment was all new when the restaurant originally opened. Business is also now well established with a great customer base too, located on front end unit of the Gaslight Village. If your looking to own a restaurant of your own, schedule an appointment with our team.

Details
Maps
Location & Property Info
County: Kent
Street #: 2151
Street Name: Wealthy
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49506
Cross Streets: Croswell
Property Sub-Type: Business Opportunity
Area: Grand Rapids - G
Sub-Area: G41 - Kent County
Municipality: East Grand Rapids
Office/Contract Info
Current Price: $165,000
List Price: $165,000
Auction or For Sale: For Sale
List Price/SqFt: 128.91
Prop Avail for Lease?: Yes
Sub Agency: 3
Sub Agency Type: %
Buyer Agency: 3
Trans Coord Type: %
Listing Date: 2023-01-23
Current Bldg Use: Restaurant
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.04
Lot Square Footage: 1742
Lot Dimensions: 28' by 62'
Year Built: 1958
Road Frontage: 28
Mineral Rights: No
Year Remodeled: 2017
Total # Units: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 1
SqFt Above Grade: 1280
Total Net SqFt: 1280
Property Use Type: Business
Full Baths: 2
Total Baths: 1
Waterfront: No
School District: East Grand Rapids
Tax Info
Tax ID #: 41-50-44-020-970
For Tax Year: 2022
Tax Year: 2022
Spec Assessment & Type: None
Remarks & Misc
Legal: N/A
Directions: Wealthy Street to the Gaslight Village plaza on the NW front corner of Wealthy & Croswell Street directly behind the bank
Status Change Info
Status: Active
SqFt Information
Rentable Retail SqFt: 1280
Total Bldg Retail Sq: 52000
Business Opportunity
Business Description: Restaurant
Business Name: Wok & Mortar
Equip Value ($): 180000
Gross Sales 1 Year ($): 320000
Inventory Value ($): 10000
Property Features
Property Use: Business
Uses: Restaurant; Retail
Ownership: Other
Business Includes: Equipment; Furniture
Construction Type: Block; Concrete; Steel
Exterior Material: Brick
Roofing: Rubber
Foundation: Brick/Mortar; Concrete Perimeter
Below Grade: None
Additional Features: Barrier Free; Fire Sprinkler
Tenant Pays All: Building Insurance; Common Area Maintena; Electric; Gas; Janitorial; Sewer; Trash; Water
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas; Telephone
Util Avail at St: Broadband; Cable; Electric; Natural Gas; Public Sewer; Public Water; Storm Sewer; Telephone
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Asphalt; Shared Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None

Listing Office: Five Star Real Estate - Ludington

Listing Agent: Kurt Dawdy

Last Updated: March - 22 - 2023

2151 Wealthy Street SE, East Grand Rapids, MI 49506 - MLS# 23002304
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