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1625 Leonard St NE
Grand Rapids, MI 49505

Retail Property For Sale

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.

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
£1,763,300
Price Per SF
£54
Tenancy
Multiple
Number of Floors
1
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 ft on Leonard St

Amenities

  • Bus Route
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-14-16-352-026
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£829,713
  • Listing ID: 27498091

  • Date on Market: 12/01/2023

  • Last Updated:

  • Address: 1625 Leonard St NE, Grand Rapids, MI 49505

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