741 LEONARD Street Grand Rapids, MI ^$ 2,750,000

741 LEONARD Street

^$ 2,750,000

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741 LEONARD Street

Grand Rapids, MI, 49504

^$ 2,750,000

Studio Baths0.0 Sq 7,000

Monthly Estimate*

^$ 18,277

741 LEONARD Street, Grand Rapids, MI 49504 - Image 1

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741 LEONARD Street, Grand Rapids, MI 49504 - Image 3

741 LEONARD Street, Grand Rapids, MI 49504 - Image 4

741 LEONARD Street, Grand Rapids, MI 49504 - Image 5

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741 LEONARD Street, Grand Rapids, MI 49504 - Image 7

741 LEONARD Street, Grand Rapids, MI 49504 - Image 8

741 LEONARD Street, Grand Rapids, MI 49504 - Image 9

Studio

Commercial Property for sale in Grand Rapids, MI

for $2,750,000. This 7,000 square foot building was built in 1910 on a lot size of 0.17.

HERE IS YOUR CHANCE TO OWNER A ICONIC BAR ON THE HIGHLY DESIRABLE WEST SIDE OF GRAND RAPIDS. LOTS OF ROOM TO GROW UPSTAIRS. CURRENTLY USED AS A BAR RESTAURANT. GREAT LOCATION WITH OFF STREET PARKING. LIQUOR LICENSE INCLUDED IN SALE. LAND CONTRACT AVAILABLE IF NEEDED. EXTRA REVENUE ABOVE FOR 2 APARTMENTS. IRON WELL HAS BEEN COMPLETELY UPDATED INSIDE WITH MANY DIFFERENT REVENUE STREAMS. LARGE STAGE THAT HAS HOSTED BANDS SUCH AS FOREIGNER IN THE PAST. THIS BAR HAS A LARGE STAGE AND DANCE AREA ALONG WITH 2POOL TABLES. BAR, BEER TAPS AND COOLERS HAVE ALL BEEN REPLACED.

Commercial Active

Price

^$ 2,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,284

Style

Business

Lot Size

0.17

Year Built

1910

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

70315543

Features

General

Heating Forced Air Hot Water

Possession At Close

Roof Rubber

Water Public Water

Status Active Active

Year Built 1910

County Kent

Class COM/IND/BUS OPP

Type Business

Municipality Grand Rapids

Subdivision MI

Commercial Features Cable Internet Installed Electric Available Furniture Telephone

Area UPDATE

Primary City Grand Rapids

Directions LEONARD ST W FROM US131 TO 741 LEONARDST JUST BEFORE ALPINE AVE

City Grand Rapids

Street Name LEONARD

Financial Terms Cash Conventional Land Contract

Legal Description LOTS 128 & 130* PANFIL S ASSESSOR S PLAT NO. 6* OF PART OF THE SW 1/4 OF THE SW 1/4 OF SECTION 13 T 7 N R 12 W

DOM 370

Postal Code 49504

Price Per Sq Ft Total 392.86

Coming Soon

Exterior

Exterior Aluminum Block Brick Concrete Frame Metal Vinyl Siding Wood

Frontage 40

Lot Size Area 0.17

Lot Dimensions 40X100

Waterfront Y/N No

Interior

Ceiling Height Less than 16 Ft.

Fuel Type Natural Gas

* Excluded Features

List By

Drew Wodarski

Listing Agent

Realty Michigan Llc

Broker

drewwodarski@yahoo.com

Affordability Calculator

$18,968

Per Month

Monthly Principal & Interest: $18,277
Monthly Property Taxes: $690
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Grand Rapids, MI

Average List Price ^$695,884

Percent of Sale Price 75%

About Grand Rapids, MI

199,553 Population

1% Since 2002

^$43,558 Median Income

34 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/31/2024	$2,750,000		Listed Price

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741 LEONARD Street, Grand Rapids, MI, 49504 is a Commercial Property for sale at $2,750,000 with 7,000 sqft and a lot size of 0.17. 741 LEONARD Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 49504 which is in Grand Rapids, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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741 LEONARD Street

Commercial Property for sale in Grand Rapids, MI

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