1621 Leonard StGrand Rapids, MI 49505
- Commercial real estate
- 24,000 SF
Property Details for 1621 Leonard St
- Year built
- 1987
- Lot size
- 2.26 AC
- Property size (Sq ft)
- 24,000 SF
- Zone code
- MCN-C
- Property type
- Commercial real estate
- APN
- 41-14-16-352-015
- APU
- 411416352015
Description
The Beckwith Center, located at 1621 Leonard St NE in Grand Rapids, Michigan, presents a compelling retail investment opportunity. This 24,000 square foot strip center, built in 1985 and renovated in 2005, sits on a 2.26-acre lot and offers multiple tenancy options. Currently, there are 2,510 square feet of vacant space available, divisible into units ranging from 1,010 to a maximum contiguous 1,500 square feet. The property is zoned C-2, providing flexibility for a variety of retail uses. Ample parking is available with 25 spaces for customers and employees. The Beckwith Center benefits from its location on the Leonard Street Corridor, a thriving commercial area in Kent County, Michigan, with a zip code of 49505. This established center offers a chance to capitalize on a strong retail market in a desirable location. The property's existing infrastructure and recent renovations provide a solid foundation for immediate occupancy and potential for long-term growth. The available space is ideal for businesses seeking a high-visibility location with convenient access and ample parking. This is an excellent opportunity to establish or expand a retail presence in a vibrant Grand Rapids neighborhood.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $5,017,341
- Hospitality
- $4,595,858
- Educational
- $3,823,699
- Medical
- $3,955,202
- Retail
- $5,947,977
Location Insight
- City
- Grand Rapids
- County
- Kent
- State
- Michigan
- Latitude
- 42.9848
- Longitude
- -85.6283
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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