1615 Leonard St NE

Retail-Commercial for Sale
Catylist Listing ID: 30339123
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 11,300 SF
Gross Land Area: 1.34 Acres
Sale Price: $1,100,000
Unit Price: $97.35 PSF
Ceiling: 16 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/18/2018

Overview / Comments

Here's your opportunity to own 1.3 acres on the corner of Leonard and Ball with an 11,000 SF building, currently used as an auto repair business with 12 bays along with 2 office rental units. Site is ideal for redevelopment for retail or fast food business.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: Knapp/Fulton
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-14-16-352-023
Zoning: PSC
Retail Clientele: General
Property Located Between: NE Corner of Ball and Leonard
Property Visibility: Good
Largest Nearby Street: Leonard
Feet of Frontage: 210
Site Description: NE Corner of Leonard and Ball
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1980
Year Renovated: 2003
Roof Type: Flat
Construction/Siding: Brick/Aluminum Siding
Exterior Description: Brick exterior
Total Parking Spaces: 75
Parking Type: Surface
Parking Description: Front, back and sides
Heat Type: Natural Gas
Heat Source: Ceiling Units
Lot Frontage: 210
Lot Depth: 303
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Utilities
Legal Description: PART OF W 1/2 SW 1/4 & PART OF ALBERT REALTORS BERKLEY HILLS PLAT COM AT SW COR OF LOT 32 OF SD PLAT TH N ALONG E LINE OF BALL AVE /73 FT WIDE/ 303.56 FT TH S 87D 46M 30S E 150.0 FT TH S 22D 14M 54S E 120.58 FT TH S 203.80 FT TO N LINE OF LEONARD ST TH WLY ALONG N LINE OF SD ST TO BEG

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,015 112,969 249,320
Median Age: 35.14 33.48 33.49
Households: 6,341 44,417 94,667

Contact

Photograph of Listing Agent

Roger Ackerman

Keller Williams GR North
CARWM Member
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