1358 Leonard Street NW, Grand Rapids, MI 49503 - Photo 1

1/1

$230,000

Sold
Closed
Retail
3,819 Sq. Ft.

1/1

Property Description

Commercial building for sale! This 3,819 sqft property features a front 2,042 sqft space currently leased by a restaurant, generating $2,000 per month. Two years remaining on the lease. The restaurant is equipped with a venting system. The back 1,777 sqft space is available for immediate occupancy, offering endless possibilities for your business. The building is equipped with three electric meters and three separate entrances, providing flexibility for multiple tenants. Ample parking is available both in the front and rear of the building. Situated directly across from the newly renovated Leona Rd modern event venue, this location promises high visibility and foot traffic. Don't miss out on this exceptional investment opportunity!

Full Property Details

Full Property Details for 1358 Leonard St NW

General

Sold For: $230,000
Taxes: $4,121
Status: Closed
Type: Retail
Source: SWMRIC_MLS
MLS ID: 24024993
Added to Site: 608 day(s) ago

Business

Business Type: Restaurant, Storage

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Location

Area: Grand Rapids - G
County: Kent
Cross Streets: Walker
Driving Directions: Leonard Street. East of Walker. West of Alpine.

Heating & Cooling

Heating Type: Forced Air

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Natural Gas Connected, Electricity Connected

Structural Information

# Buildings: 1
Square Feet: 3,819
Year Built: 1921

Lot Features

Lot Size (Acres): 0.23
Lot Size (Sq. Ft.): 10,106
Zoning: 201 COMMERCIAL-

Financial Considerations

Tax Amount: $4,121.57
Terms: Conventional

Disclosures and Reports

Legal Description: LOT 16 & W 15 FT OF LOT 15 BLK 2* WHITE S SECOND ADDITION
Property ID: 41-13-23-126-002

Listed by Five Star Real Estate (Walker), Vito (Jr.) E Dolci
Sold by Green Real Estate, Michael R Beckett

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Listing agent

— 1358 Leonard St NW —

Vito (Jr.) E Dolci

Five Star Real Estate (Walker)

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NMLS#: 1598647

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Schools

Schools serving 1358 Leonard St NW

School District:Grand Rapids Public Schools

Name	Grades	Distance
Westwood Middle School 1525 Mount Mercy Drive Northwest, Grand Rapids, MI 49504	6-8	0.9 mi
Union High School, Grand Rapids, MI 1800 Tremont Boulevard Northwest, Grand Rapids, MI 49504	9-12	0.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1358 Leonard St NW

Date

Details

Price

Change

Source

11/26/2024

Sold

$230,000

-11.5%

MLS

9/17/2024

Price Reduced

$259,900

-7.15%

MLS

7/19/2024

Price Reduced

$279,900

-6.67%

MLS

5/20/2024

Listed

$299,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1358 Leonard Street NW, Grand Rapids, MI 49503 (MLS# 24024993) is a Retail property that was sold at $230,000 on November 26, 2024. Want to learn more about 1358 Leonard Street NW? Do you have questions about finding other Retail real estate for sale in Grand Rapids? You can browse all Grand Rapids real estate or contact a Coldwell Banker agent to request more information.

1358 Leonard St NW Grand Rapids, MI 49503