Listing provided courtesy of Realty Michigan LLC- MLS# 23018916MLS Provider

741 LEONARD Street NWGrand Rapids, MI 49504

Commercial · 2 Full Baths · 7,000 Sq. ft. | 0.17 Acres
$1,999,999 Active

741 LEONARD Street NW Overview

Time on Site:
1121 days
Visits:
8

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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741 LEONARD Street NW Facts & Features

  • Type Commercial
  • Sq. ft. 7,000
  • Price/Sq.ft. $286
  • Lot 0.17 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1910

Location/Region

  • County Or Parish: Kent
  • MLS Area Major: Grand Rapids - G
  • MLS Area Minor: Grand Rapids - G

Tax Information

  • Tax Annual Amount: 8284.0

General Information

  • Parcel Number: 41-13-13-356-030
  • Property Sub Type: Business
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Total: 2

Building Interior

  • Building Area Total: 7000.0

General Information

  • Foundation Details: Concrete Perimeter,Block
  • Stories Total: 5000

Exterior

Lot Information

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Dimensions: 40X100
  • Lot Size Square Feet: 7405.0
  • Lot Size Units: Acres

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Aluminum Siding,Block,Vinyl Siding,Brick,Metal Siding
  • Roof: Rubber

General Information

  • Number Of Units Total: 1
  • Utilities: Electricity Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer

741 LEONARD Street NW Neighborhood

Community

49504 (Grand Rapids) Demographics

33
Median Age
3,604
Population Density (per sq. mile)
43%
College Educated
$52,460
Estimated Median Income
9,450
Estimated Total Home Owners
6,921
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

741 LEONARD Street NW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

741 LEONARD Street NW Market Data

Based on the last 30 days in this zip code

$361,526
Average List Price
$217
Average Price per Square Foot
30
Properties Sold
44
Average Days on Market
178
Properties for Sale
Calculations provided by Reliance Network

741 LEONARD Street NW History

Date Event Value Agent
2/18/2026Source: MichRIC MLS Price Reduction
$1,999,999 -27.3%