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

City of Grand Rapids, MI, 49504
$ 2,750,000
Bedrooms-- Baths2.0 Sq 7,000

Monthly Estimate*

$ 17,156

741 LEONARD Street NW, City of Grand Rapids, MI 49504 - Image 1
741 LEONARD Street NW, City of Grand Rapids, MI 49504 - Image 2
741 LEONARD Street NW, City of Grand Rapids, MI 49504 - Image 3
741 LEONARD Street NW, City of Grand Rapids, MI 49504 - Image 4
741 LEONARD Street NW, City of Grand Rapids, MI 49504 - Image 5
741 LEONARD Street NW, City of Grand Rapids, MI 49504 - Image 6
741 LEONARD Street NW, City of Grand Rapids, MI 49504 - Image 7
741 LEONARD Street NW, City of Grand Rapids, MI 49504 - Image 8
741 LEONARD Street NW, City of Grand Rapids, MI 49504 - Image 9
Commercial Property for sale in City of Grand Rapids, MI for $2,750,000 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

$ 2,750,000

Full Bath

2

Property Type

Commercial

Taxes

$ 8,284

Style

BusinessandRealEstate

Lot Size

0.17

Year Built

1910

Town/City

City of Grand Rapids

County/Region

KENT

MLS | Web ID

65023018916
Features
General
Sewer PublicSewer StormDrain
Heating ForcedAir HotWater NaturalGas
Cooling CentralAir
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneConnected
Possession CloseOfEscrow
Roof Rubber
Construction Materials AluminumSiding Block Brick Concrete Frame MetalSiding VinylSiding WoodSiding
Year Built 1910
Property Subtype BusinessandRealEstate
Tax Year 2022
County Kent
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Garage Y/N N
Building Features Furniture
Status Active
Directions LEONARD ST W FROM US131 TO 741 LEONARDST JUST BEFORE ALPINE AVE
City GrandRapidsCity_Kent
Senior Community Y/N N
High School District GrandRapids
Zoning Description Other
Number Of Units Total 1
MLS Area Area41142GrandRapids
Lot Size Units SquareFeet
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 8284.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
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
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Baths 2
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Exterior
Parking Features Asphalt Paved
Water Source Public
Lot Size Area 7405.0
Foundation Details Basement Block ConcretePerimeter
Number of Buildings 1
Spa N
Building Area Total 7000.0
Lot Dimensions 40X100
Lot Size Acres 0.17
Waterfront Y/N N
Other Equipment Other
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 741
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* Excluded Features
List By
Drew Wodarski

Listing Agent

Realty Michigan Llc

Broker

(616) 890-8225

Phone

Affordability Calculator

$17,847
Per Month
96%
4%
0%
Monthly Principal & Interest
$17,156
Monthly Property Taxes
$690
Monthly 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.
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Nearby
4909624 Elementary School
4909684 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
10/22/2025$2,750,000 Listed Price

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741 LEONARD Street NW, City of Grand Rapids, MI, 49504 is a Commercial Property for sale at $2,750,000 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 City of Grand Rapids, MI

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