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$1,999,999 -$750,001 (-27.27%) Price Reduced

  • For Sale
  • Active
  • Business
  • 7,000 Sq. Ft.
  • Updated 1 day ago
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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.

Full Property Details for 741 Leonard St NW

General

  • Price: $1,999,999
  • Taxes: $8,284
  • Status: Active
  • Type: Business
  • Source: SWMRIC_MLS
  • MLS ID: 23018916
  • Updated: 2/18/2026
  • Added to Site: 630 day(s) ago

Business

  • Business Type: Bar/Tavern/Lounge

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Location

  • Area: Grand Rapids - G
  • County: Kent
  • Cross Streets: ALPINE
  • Driving Directions: LEONARD ST W FROM US131 TO 741 LEONARDST JUST BEFORE ALPINE AVE

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Hot Water

Utilities

  • Utility Description: Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

Structural Information

  • # Buildings: 1
  • Construction: Aluminum Siding, Block, Vinyl Siding, Brick, Metal Siding
  • Foundation: Concrete Perimeter, Block
  • Roof: Rubber
  • Stories/Levels: 5000
  • Square Feet: 7,000
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,405
  • Lot Dimensions: 40 x 100
  • Zoning: COMM

Financial Considerations

  • Tax Amount: $8,284
  • Terms: Conventional, Contract, Cash

Disclosures and Reports

  • Legal Description: LOTS 128 & 130* PANFIL S ASSESSOR S PLAT NO. 6* OF PART OF THE SW 1/4 OF THE SW 1/4 OF SECTION 13 T 7 N R 12 W
  • Property ID: 41-13-13-356-030

Listed by Realty Michigan LLC, Drew Wodarski

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Listing agent

— 741 Leonard St NW —

  • Drew Wodarski

    Realty Michigan LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 741 Leonard St NW

School District:Grand Rapids Public Schools
NameGradesDistance
Westwood Middle School
1525 Mount Mercy Drive Northwest, Grand Rapids, MI 49504
6-81.3 mi
Union High School, Grand Rapids, MI
1800 Tremont Boulevard Northwest, Grand Rapids, MI 49504
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 741 Leonard St NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/18/2026
Price Reduced
$1,999,999
-27.27%
MLS
6/05/2023
Listed
$2,750,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 741 Leonard St NW

Year
Property Taxes
Change
Tax Assessment
Change
2021
$10,960
—
$298,200
-4%
2021
$10,960
—
$310,600
10%
2021
$10,960
32%
$281,200
33%
2019
$8,284
—
$210,800
2%
2019
$8,284
—
$207,100
16%
2019
$8,284
73%
$177,800
17%
2016
$4,797
1%
$151,600
1%
2017
$4,773
4%
$149,400
53%
2015
$4,570
—
$97,400
1%
2015
$4,570
2%
$96,300
-7%
2014
$4,472
7%
$103,100
1%
2012
$4,190
—
$101,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Realty Michigan LLC, Drew Wodarski

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741 Leonard Street NW, Grand Rapids, MI 49504 (MLS# 23018916) is a Business property. 741 Leonard Street NW is currently listed for $1,999,999 and was received on May 31, 2024. Want to learn more about 741 Leonard Street NW? Do you have questions about finding other Business real estate for sale in Grand Rapids? You can browse all Grand Rapids real estate or contact a Coldwell Banker agent to request more information.

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