741 LEONARD Street NW Grand Rapids, MI $ 1,999,999
741 LEONARD Street NW
$ 1,999,999
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741 LEONARD Street NW

Grand Rapids, MI, 49504
$ 1,999,999
Bedrooms-- Baths2.0 Sq 7,000

Monthly Estimate*

$ 13,813

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
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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 $1,999,999 with 2 full baths. This 7,000 square foot 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.

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Commercial Active

Price

$ 1,999,999

Full Bath

2

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 false
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
Listing Terms Conventional Contract Cash
Tax Annual Amount 8284
MLS Area Minor Grand Rapids - G
Lease Considered Y/N false
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
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Interior
Total Stories 5000
Air Conditioning Y/N true
Heating Y/N true
Total Baths 2
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Exterior
Inclusions Real Estate Licenses Furniture Equipment
Lot Size Area 0.17
Foundation Details Concrete Perimeter Block
Number of Buildings 1
Building Area Total 7000
Lot Dimensions 40X100
Lot Size Acres 0.17
Waterfront Y/N false
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Internal Only
Street Number 1 741
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* Excluded Features
List By
Realty Michigan Llc

Broker

drewwodarski@yahoo.com

Email

Affordability Calculator

$14,504
Per Month
95%
5%
0%
Monthly Principal & Interest
$13,813
Monthly Property Taxes
$690
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/19/2026$1,999,999 Listed Price

Map


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741 LEONARD Street NW, Grand Rapids, MI, 49504 is a Commercial Property for sale at $1,999,999 with 7,000 sqft and 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