741 LEONARD Street NW $2,750,000

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    741 LEONARD Street NW Grand Rapids, MI 49504

    • 7,000 sq. ft.
    • 0.17 Acres
    • Commercial
    • MLS# 23018916
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    Views: 150 Days On Site: 327

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    Property Details

    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.

    • General Features
      • Year Built 1910
      • New Construction Y/N false
      • Business Type Bar/Tavern/Lounge
      • County Or Parish Kent
      • Property Sub Type Business
      • Tax Annual Amount 8284.0
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Foundation Details Concrete Perimeter, Block
      • Construction Materials Brick, Block, Metal Siding, Vinyl Siding, Aluminum Siding
      • Building Area Total 7000.0
      • Roof Rubber
      • Number Of Units Total 1
      • Heating Y/N true
      • Heating Hot Water, Forced Air
      • Full Bathrooms 2
      • Bathrooms 2
    • Property Features
      • Lot Size Acres 0.17
      • Lot Size Area 0.17
      • Number Of Buildings 1
      • Utilities Cable Connected, Telephone, Public Sewer
      • Water Source Public
      • Waterfront Y/N false
    • Schools
      • High School District Grand Rapids

    Contact

    Danielle Robinson

    Danielle Robinson

    Broker/Owner

    RE/MAX SunQuest

    Direct: 616-813-2095

    Neighborhood

    49504 (Grand Rapids) Demographics

    33 Median Age
    3,604 Population Density (per sq. mile)
    43% College Educated
    $52,460 Estimated Median Income
    9,450 Estimated Total Home Owners
    6,921 Estimated Total Renters
    58% / 42% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    40,498 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $270,000 Median Sales Price
    59 Homes Sold
    96 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,750,000
        6/5/2023 12:44:00 PM New in Database Source: Multiple Listing Service New Value: $2,750,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.