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

741 LEONARD Street NW

^$ 2,750,000

Back to search

741 LEONARD Street NW

Grand Rapids, MI, 49504

^$ 2,750,000

Bedrooms-- Baths2.0

Monthly Estimate*

^$ 17,156

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

741 LEONARD Street NW, Grand Rapids, MI 49504 - Image 2

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

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

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

741 LEONARD Street NW, Grand Rapids, MI 49504 - Image 6

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

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

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

Commercial Property for sale in Grand Rapids, MI

for $2,750,000 with 2 full baths. This 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

Full Bath

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

23018916

Features

General

Heating Forced Air Hot Water

Cooling Central Air

Utilities Electricity Available Phone Connected Natural Gas Connected Electricity Connected Cable Connected Storm Sewer

Possession Close Of Escrow

Roof Rubber

Construction Materials Aluminum Siding Block Vinyl Siding Brick Metal Siding

Year Built 1910

Township City of Grand Rapids

Property Subtype Business

Tax Year 2022

Business Type Bar/Tavern/Lounge

County Kent

New Construction N

Property Type Commercial Sale

Full Baths 2

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

Number Of Units Total 1

MLS Area Grand Rapids - G

Lot Size Units Acres

Lot Size Square Feet 7405.0

Listing Terms Conventional Contract Cash

Land Lease Y/N N

Tax Annual Amount 8284.0

Lease Renewal Y/N N

MLS Area Minor Grand Rapids - G

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Availability Date 2023-06-05

Standard Status Active

Tax Assessed Value 421600

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

Exterior

Inclusions Real Estate Licenses Furniture Equipment

Lot Size Area 0.17

Foundation Details Concrete Perimeter Block

Number of Buildings 1

Spa N

Building Area Total 7000.0

Lot Dimensions 40X100

Lot Size Acres 0.17

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 5000

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 2

Internal Only

Street Number 1 741

* Excluded Features

List By

Realty Michigan Llc

Broker

drewwodarski@yahoo.com

Affordability Calculator

$17,847

Per Month

Monthly Principal & Interest: $17,156
Monthly Property Taxes: $690
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Grand Rapids, MI

Average List Price ^$791,294

Percent of Sale Price 71%

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.

250213 Elementary School

249218 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

Map

More homes like this one

homes for you

See all

741 LEONARD Street NW, Grand Rapids, MI, 49504 is a Commercial Property for sale at $2,750,000 with a lot size of 0.17. 741 LEONARD Street NW has 2.0 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 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' 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

Data is updated as of 12/7/2025.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

741 LEONARD Street NW

Commercial Property for sale in Grand Rapids, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home