1618 Leonard ST NE

Office for Sale
Sale Pending
Also listed as Retail-Commercial
Catylist Listing ID: 30404849
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 1,974 SF
Gross Land Area: 0.66 Acres
Sale Price: $300,000
Unit Price: $151.98 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Building Name: 1618 Leonard St NE
Class of Space: Class B
Usable Size (USF): 1,974 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/17/2019

Overview / Comments

Free standing building with great visibility on Fuller. Rare smaller flex building with office space with a roll up door and flex area. Fully updated in 2002 and then again in 2014. The building's large lot afford abundant parking, space for addition, outdoor area...

Financials

Finance Data Year 2011
Real Estate Taxes - Annual($) $5,890 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: Northeast Business District
Taxing Authority: Grand Rapids
Tax ID/APN: 41-14-21-101-004
Zoning: NOS
Property Located Between: Fuller and Plymouth
Property Visibility: Excellent
Site Description: This free-standing building can afford a number of uses and offers unique characteristics such as a brick paver patio and overhead, drive-in door. It was totally renovated in 2002. Mechanicals updated in 2014. Multi-lot parcel offers over half-acre plus site with suburban appeal. Highly visible pylon signage.
Area Description: DIRECTIONS: BETWEEN FULLER AND PLYMOUTH NE
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,974 SF
Year Built: 1945
Year Renovated: 2002
Parking Type: Surface
Total Parking Spaces: 22
Legal Description: LOTS 4 & 5 EXCEPT N 7` OF SAID LOTS. ALSO E 110` OF LOT 6, NORTHEDGE PLAT

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,347 112,969 249,320
Median Age: 35.63 33.48 33.49
Households: 5,675 44,417 94,667

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