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1200 Leonard St NW

West Grand, Grand Rapids, MI
Floors
1
Total Size
3,700 sqft
Zoning
C-2
Year Constructed
0
Year Renovated
0
Building Class

About 1200 Leonard St NW

Fully leased building corner building on Leonard with main floor retail and two upper apartments. Well-maintained. Can be purchased as a 100%leased investment or as a future owner-occupied. Approx 2,640 SF retail floor. Ideal live-work for a business owner desiring to be just west of booming Downtown Grand Rapids. Great rental history. Contact Peter Colvin for current rent roll and income and expenses at 616-893-1398 or peter.colvin@svn.com at Sperry Van Ness Investment Property Advisors. - Area description: DIRECTIONS: US 131 TO LEONARD W TO PROPERTY, SW CORNER LEOANRD & GARFIELD. - Tenancy: Multiple Tenants

Internet Providers for 1200 Leonard St NW

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
25 Mb/s
AT&T Michigan DSL
25 Mb/s
3 Mb/s
ACD.net DSL
25 Mb/s
3 Mb/s
Iserv DSL
10 Mb/s
768 kbps
Cavalier Telephone DSL
10 Mb/s
1.5 Mb/s
MegaPath Corporation Copper Wireline
6 Mb/s
6 Mb/s

The Neighborhood: West Grand

On average, listings lease in the $20's per square foot per year. The West Grand region is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.

Compared to the rest of the Grand Rapids market, the West Grand submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Median Rate Median Size
West Grand $25
/sqft/yr
30,640
sqft
Median Rate Median Size
Grand Rapids $25
/sqft/yr
1,860
sqft

Median Rate over Time in West Grand