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1358 Leonard St NW
Grand Rapids, MI 49504
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 3,387 SF space
- Historic 1921 building
- Two units available
- Renovated in 2024
EXECUTIVE SUMMARY
Introducing 1358 Leonard St NW, Grand Rapids, a prime investment opportunity for retail and restaurant ventures. This renovated 3,387 SF property, boasting two units and a rich history dating back to 1921, offers a compelling blend of character and modern amenities. Zoned TN-TBA and strategically positioned in the vibrant Grand Rapids area, this property presents an ideal canvas for entrepreneurs looking to make their mark in a burgeoning market. With 37% occupancy, there's ample room for lucrative expansion. Don't miss out on this chance to secure a foothold in an exciting, evolving locale.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,775 SF
Building Class
C
Year Built
1921
Price
$549,335 CAD
Price Per SF
$309.48 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.23 AC
Zoning
TN-TBA - TN-TBA
Parking
5 Spaces (2.82 Spaces per 1,000 SF Leased)
Frontage
63’ on Leonard St
PROPERTY TAXES
| Parcel Number | 41-13-23-126-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $224,766 CAD |
PROPERTY TAXES
Parcel Number
41-13-23-126-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$224,766 CAD
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