Former Bank Building - 1309 Leonard NE

Office for Sale
Catylist Listing ID: 30188185
Property Subtypes: Mixed Use, Office Building, Other
Building Size (RSF): 3,032 SF
Gross Land Area: 0.59 Acres
Sale Price: $450,000
Unit Price: $148.42 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Building Name: Former Bank Building NE Grand Rapids
Usable Size (USF): 3,032 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/19/2018

Overview / Comments

Former bank branch with three drive-up windows and an ATM lane and ample doorstep parking (~ 30 spaces). High profile location on Leonard and Fuller. The nearby strip centers (Leonard / Fuller Plaza and Beckwith Plaza) have little vacancy. Prominent signage.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: Northeast Business District
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-14-17-451-048
Property Located Between: Leonard & Fuller
Property Visibility: Excellent
Highway Access: US 131 - 10 minutes
Airports: Gerald R Ford International Airport - 15 minutes
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,032 SF
Roof Type: Gable
Construction/Siding: Brick/Aluminum Siding
Exterior Description: Concrete block with brick veneer exterior walls
Parking Type: Surface
Parking Description: Paved doorstep parking with approximately 30 spaces
Interior Description: Open layout with a lobby, drive-thru window, employee breakroom and kitchenette, mechanical room with safe and vault, a conference room, two private offices, teller lines and a safe deposit box room.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,610 117,983 251,479
Median Age: 33.08 32.73 33.75
Households: 6,576 46,343 95,891


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