$1,999,999

741 LEONARD Street NW

Grand Rapids, MI 49504

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About this Home

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.

741 LEONARD Street NW, Grand Rapids, MI 49504
741 LEONARD Street NW, Grand Rapids, MI 49504
741 LEONARD Street NW, Grand Rapids, MI 49504
741 LEONARD Street NW, Grand Rapids, MI 49504
741 LEONARD Street NW, Grand Rapids, MI 49504
741 LEONARD Street NW, Grand Rapids, MI 49504
Rear parking area
741 LEONARD Street NW, Grand Rapids, MI 49504

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Details
Location Property Info
County: Kent
Street #: 741
Street Name: LEONARD
Suffix: Street
Post Direction: NW
State: MI
Zip Code: 49504
OfficeContract Info
Status: Active
Current Price: $1,999,999
List Price: $1,999,999
Listing Date: 2023-05-30
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.17
Lot Square Footage: 7405
Lot Dimensions: 40X100
Year Built: 1910
Road Frontage: 40
Year Remodeled: 2020
Total # Units: 1
# Fin Bldg Lvls: 5000
Total # Bldgs: 1
Total SqFt: 7000
Property Use Type: Business
Full Baths: 2
Waterfront: No
School District: Grand Rapids
Tax Info
Tax ID #: 41-13-13-356-030
Taxable Value: 421600
SEV: 210800
For Tax Year: 2022
Seller's Annual Property Tax: 8284
Tax Year: 2022
Zoning: COMM
Remarks Misc
Directions: LEONARD ST W FROM US131 TO 741 LEONARDST JUST BEFORE ALPINE AVE
Additional Details
Ceiling Height: 10
Property Features
Property Use: Business
Uses: Bar/Tavern/Lounge
Business Includes: Equipment; Furniture; Licenses; Real Estate
Construction Type: Block; Concrete; Frame/Wood
Exterior Material: Aluminum Siding; Block; Brick; Metal Siding; Vinyl Siding
Roofing: Rubber
Foundation: Block; Concrete Perimeter
Below Grade: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Electricity Available; Storm Sewer
Heat Source: Natural Gas
Heat Type: Forced Air; Hot Water
Air Conditioning: Central Air
Driveway: Asphalt; Paved
Purchase Terms Avail: Cash; Conventional; Land Contract
Sale Conditions: None
Possession: Close Of Escrow

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