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    456 Leonard St NW Grand Rapids, MI 49504

    For Lease
    $22 SF/Yr ($1,100 /Mo)

    COMMERCIAL - Grand Rapids, MI

    Type:Retail
    Property size:
    600 SF
    Lot size:
    0.07 Acres
    Days on Market:
    108
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 456 Leonard St NW

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    41-13-24-129-001
    Fireplace
    1
    Size
    600 SF
    Lot size
    0.07 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air

    Building Details

    Year built
    1915
    Number of units
    1
    Building materials
    Brick, Metal Siding
    Roof type
    Composition

    American REO Services (616) 918-6430 [email protected]

    Listing agent Evan M Case (616) 918-6430

    Listing date Aug 20, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail/Office Space in Grand Rapids

    Located in the West Grand neighborhood, this 600 square foot retail space is situated in a thriving business district along one of Grand Rapids' busiest thoroughfares, which sees an estimated 30,000 cars per day on average. The building is visible from US 131 and benefits from on/off ramp traffic traveling both north or south. The space is in walking distance to Mitten Brewing Company, Long Road Distillery, and other restaurants and eateries. Suited for a small coffee shop, retail, or office space, the immaculately redesigned space offers comfort with all the amenities needed for an office or business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Premier Image Salon Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Kent
    State
    Michigan
    Longitude
    -85.679872
    Latitude
    42.984725

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    FAQs

    What type of property is this?
    Retail space - 600 SF retail or office space in thriving business district.
    Where is this retail space located?
    The property is located at 456 Leonard St NW Grand Rapids, MI.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location: Visible from US 131 with 30,000 cars per day on average.; - Prime business district: Walking distance to popular establishments.; - Ideal for various businesses: Suitable for a coffee shop, retail, or office space.
    (616) 918-6430
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    456 Leonard St NW Grand Rapids, MI 49504
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