Address
741 LEONARD Street NW, Grand Rapids, MI
Price
$ 2,750,000
Property Attributes
- MLS#23018916
- TypeCommercial
- CountyKENT
- CityGrand Rapids
- AreaCity of Grand Rapids
- NeighborhoodCity of Grand Rapids
- Zip49504
- StyleBusiness
- Year Built1910
- Taxes$ 8284
- Price$ 2,750,000
- Bedrooms0
- Full Bathrooms2
- Half Bathrooms0
- Lot Size7,405 SqFt
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
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.
| Price History | |
|---|---|
| 6/5/2023 | Listed $2,750,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Cooling | Central Air |
| Utilities | Storm Sewer Available,Public Sewer Available,Electric Available,Phone Connected,Natural Gas Connected,Electric Connected,Cable Connected |
| Possession | Close Of Escrow |
| Roof | Rubber,Concrete |
| Construction Materials | Vinyl Siding,Metal Siding,Brick,Block,Aluminum Siding |
| Year Built | 1910 |
| Township | City of Grand Rapids |
| Property SubType | Business |
| Tax Year | 2022 |
| Business Type | Bar/Tavern/Lounge |
| County | Kent |
| New Construction | No |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Status | Active |
| Directions | LEONARD ST W FROM US131 TO 741 LEONARDST JUST BEFORE ALPINE AVE |
| City | Grand Rapids |
| High School District | Grand Rapids |
| Zoning Description | COMM |
| Total Units | 1 |
| MLS Area | Grand Rapids - G |
| Lot Size Square Feet | 7405.0 |
| Waterfront Y/N | No |
| Street Name | LEONARD |
| Land Lease Y/N | No |
| Tax Annual Amount | 8284.0 |
| Lease Renewal Y/N | No |
| MLS Area Minor | Grand Rapids - G |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Availability Date | 2023-06-05 |
| Days on Market | 349 |
| Standard Status | Active |
| Tax Assessed Value | 421600 |
| MobileHomeRemainsYN | No |
| 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 |
| Senior Community | None |
Interior Features
| Basement | Full |
|---|---|
| Total Fireplaces | 1 |
| Total Stories | 5000 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Full Baths | 2 |
| Street Suffix | Street |
| Electric On Property Y/N | No |
| Total Baths | 2 |
Exterior Features
| Parking Features | Asphalt,Driveway,Paved |
|---|---|
| Water Source | Public |
| Inclusions | {u'Licenses': True,u'Equipment': True,u'Real Estate': True,u'Furniture': True} |
| Lot Size Area | 0.17 |
| Foundation Details | Concrete Perimeter,Block |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 7000.0 |
| Lot Dimensions | 40X100 |
| Lot Size Acres | 0.17 |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 49504
Price
Taxes
Visits
Year Built
Walkscore
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update May 15, 2024 7:15 PM UTC
Water Wonderland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
