501 Leonard Street NW, Grand Rapids, MI 49504
Unique 1935 building for sale or lease
Office, Retail
Lease Rate 17.95 PSF/ Annual
Lease Type: NNN
Asking Price $499,000
Property Description
Unique 1935 building loaded with character and exterior details that can’t be matched. With 2177 square feet of space and original tiles inside your guests will appreciate every detail.
In the prime part of Leonard Street and on the same block as Mitten Brewery, Long Road Distillers, and The Peoples Cider Company, this location is perfect for your restaurant concept, bar, tasting room, or distinctive office space. Be part of the Grand Rapids dining scene and open the garage doors to your vast outdoor seating area. The 5 functional garage doors, with windows, let in extensive natural light year-round. This property has great visibility, on a corner lot, with traffic counts 18,545 per day.
Current owner has pain-stakingly preserved this property with a new roof, new HVAC, new electrical, new store front door and windows, and completed the environmental requirements.
Building and property are ready for a great user.
Property Highlights
- New electric, HVAC & roof
- Original tiles
- 5 functional garage doors
- Large windows with natural light
- Excellent visibility
- Traffic counts 18,545 per day
Building
2,177 Sq. Ft.
Lease Rate $ 17.95 PSF
Lease Type: NNN
Monthly Lease Rate: $3,256