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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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741 Leonard St NW , Grand Rapids, MI 49504
$1,999,999
Est. Payment: $4,444.44/mo
0 Bed
2 Bath
7000 Sqft
Status: Active | Days on site: 1071
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House Description

HERE IS YOUR CHANCE TO OWNER A ICONIC BAR ON THE HIGHLY DESIRABLE WEST SIDE OF GRAND RAPIDS. LOTS OF ROOM TO GROW UPSTAIRS. CURRENTLY USED AS A BAR RESTAURANT. GREAT LOCATION WITH OFF STREET PARKING. LIQUOR LICENSE INCLUDED IN SALE. LAND CONTRACT AVAILABLE IF NEEDED. EXTRA REVENUE ABOVE FOR 2 APARTMENTS. IRON WELL HAS BEEN COMPLETELY UPDATED INSIDE WITH MANY DIFFERENT REVENUE STREAMS. LARGE STAGE THAT HAS HOSTED BANDS SUCH AS FOREIGNER IN THE PAST. THIS BAR HAS A LARGE STAGE AND DANCE AREA ALONG WITH 2POOL TABLES. BAR, BEER TAPS AND COOLERS HAVE ALL BEEN REPLACED.

Highlights

Listed by Drew Wodarski , 616-890-8225 Realty Michigan LLC , 616-890-8225.

Property Type

Commercial Sale

Lot/Acreage
0.17

Year Built

1910

County

Kent

Area

Grand Rapids - G

School District

Grand Rapids

Listing ID

23018916

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:2
Air Cond:Central Air
Fireplaces:

Exterior Features

Roof:Rubber
Principal Interest
$4,444
Taxes
$690

Home Price

$1,999,999

Loan Details

30 yrs
%

Down Payment

20%
$400,000
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Monthly Price:
$4,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,444.44 $690.33 $0.00 $5,134.78
Yearly $53,333.31 $8,284.00 $0.00 $61,617.31
Total $1,599,999.20 $248,520.00 $0.00 $1,848,519.20

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Grand Rapids, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.