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1625 Leonard St NE 32,810 SF Retail Building Grand Rapids, MI 49505 $2,200,000 ($67.05/SF)
INVESTMENT HIGHLIGHTS
- Situated on busy Leonard/Ball/Fuller retail corridor surrounding many roof tops too.
EXECUTIVE SUMMARY
Former Save A Lot now available for lease and entire multi-tenant strip is for sale too. Leases in place with Dollar General, Michigan Radiology and a Fifth Third ATM on site. Recently remodeled with fresh paint, new LED lighting and exterior facade. This store in move-in ready for a grocery store or larger retail user.
Situated on busy Leonard/Ball/Fuller retail corridor surrounding many roof tops too. Neighboring retailers include Dollar General, Dollar Tree, Family Fare. Speedway, Jimmy John’s and CVS Pharmacy.
Situated on busy Leonard/Ball/Fuller retail corridor surrounding many roof tops too. Neighboring retailers include Dollar General, Dollar Tree, Family Fare. Speedway, Jimmy John’s and CVS Pharmacy.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
32,810 SF
Building Class
C
Year Built/Renovated
1966/2001
Price
$2,200,000
Price Per SF
$67.05
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.23
Lot Size
3.27 AC
Zoning
PSC - Commercial
Parking
150 Spaces (4.57 Spaces per 1,000 SF Leased)
Frontage
605’ on Leonard St
AMENITIES
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 41-14-16-352-026 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $1,093,000 (2025) |
PROPERTY TAXES
Parcel Number
41-14-16-352-026
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,093,000 (2025)
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1625 Leonard St NE
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