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Retail Space in Grand Rapids
For Lease
$28 SF/Yr

456 Leonard Street NW, Grand Rapids, MI 49504

COMMERCIAL - Grand Rapids, MI

Space SizeContact for details
Lot Size0.07 Acres
Days on Market189

Property Features for 456 Leonard Street NW

General Information

Property type Commercial Lease
Property subtype Retail
Fireplace 1
Elementary school district Grand Rapids
Middle school district Grand Rapids
High school district Grand Rapids
Standard status Active
APN 41-13-24-129-001
Size 600 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 197* PANFIL S ASSESSOR S PLAT NO. 10* OF PART OF THE NE 1/4 OF THE NW 1/4 OF SECTION 24 T 7 N R 12 WEST
Legal Description LOT 197* PANFIL S ASSESSOR S PLAT NO. 10* OF PART OF THE NE 1/4 OF THE NW 1/4 OF SECTION 24 T 7 N R 12 WEST

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
Listing Agency: American Real Estate Services
Listed By: Evan M Case
Added: Mar 2 Changed: Aug 4 Last Checked: Sep 7 at 3:06PM
MLS# 26007648

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial retail space is located in Grand Rapids, Michigan. The property offers 600 square feet of space on a lot of approximately 0.07 acres. It is located at 456 Leonard Street NW, Grand Rapids, MI 49504.

Key Highlights

  • Brick and Metal Siding Construction
  • Cozy up to the Fireplace
  • Forced Air Heating

Property Analytics

Current Use

Premier Image Salon Hair Salon

Suggested Use

Top Pick Dental Office Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Nail Salon Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,238
Businesses Nearby
67k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 75% Dining 25%
Speedway Shops & Services
19,912 visits/mo 0.1 miles
Taco Bell Dining
15,950 visits/mo 0.1 miles
Marathon Shops & Services
7,487 visits/mo 0.4 miles
Family Dollar Shops & Services
6,553 visits/mo 0.4 miles
Family Dollar Shops & Services
5,037 visits/mo 0.2 miles

Demographics for 49504, MI

41,249
Population
18,830
Households
2.2
Avg Household Size
33
Median Age
39%
College-Educated
90%
High-School Grad
11.1 sq mi
ZIP Area
3,716
Density / Sq Mi
$68,326
Median Household Income
$41,138
Median Earnings
$1,145
Median Rent
$222,600
Median Home Value

Market

Lease Benchmarks for Grand Rapids, MI

$16.75 /SF/Yr
Avg Asking Price
$3.81–$35 /SF/Yr
Price Range
24,398 SF
Avg Space Size

This space is priced 67% above the average of $16.75 /SF/Yr.

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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for lease in Grand Rapids, Michigan.
Where is this retail space located?
The property is located at 456 Leonard Street NW Grand Rapids, MI.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Brick and Metal Siding Construction; Cozy up to the Fireplace; Forced Air Heating
More about this property
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