Renovated Two-Unit Flex
For Lease
$1,800/Mo
1358 Leonard St NW, Grand Rapids, MI 49504
Renovated commercial space offers two units within a TN-TBA-zoned property.
Space Size1,565 SF
Property Size3,387 SF
Days on Market153
Property Features for 1358 Leonard St NW
General Information
Standard status
Active
Size
1,565 SF
Net Rentable
3,387 SF
Property subtype
Retail - Restaurant
Zoning
TN-TBA
Occupancy
37%
Space & Availability
Available Space
3,387 SF
Contiguous Space
3,387 SF
Space Use
Industrial
Building Details
Building Size
3,387 SF
Year Built
1921
Year Renovated
2024
Buildings
1
Units
2
Tenancy
Multi
Spaces For Lease
at 1358 Leonard St NW
Suite B
Immediate
Size
1,565 SF
Type
Flex - Industrial
Lease Type
Modified Gross
Sublease
No
Renewal Option
Yes
Listing Agency:
NorthStar Commercial
Listed By:
Jake Domanski
(616) 247-9600
Source:
Commercialcafe
Added: May 17
Changed: Oct 10
Last Checked: Oct 16 at 5:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NorthStar Commercial
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Investment Insights
Based on property information with market context.
This 3,387-square-foot flex property at 1358 Leonard St NW includes two units and was renovated in 2024. Originally constructed in 1921, the building combines older construction with updated improvements and is zoned TN-TBA. Current occupancy is 37%, and the property is offered for lease.
The Grand Rapids setting places the building near Downtown Market, Walker's Pointe Shopping Center, the Grand Rapids Public Museum, and John Ball Zoo. The surrounding area also includes dining, entertainment, breweries, and arts-oriented destinations. The two-unit configuration provides a flexible physical layout for commercial operations within an established urban environment.
The Grand Rapids setting places the building near Downtown Market, Walker's Pointe Shopping Center, the Grand Rapids Public Museum, and John Ball Zoo. The surrounding area also includes dining, entertainment, breweries, and arts-oriented destinations. The two-unit configuration provides a flexible physical layout for commercial operations within an established urban environment.
Key Highlights
- 3,387 SF flex property with two units
- Renovated in 2024; originally built in 1921
- TN‑TBA zoning
Property Analytics
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Open Analytics
Current Use
Lease Details
37%
Occupancy
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Grand Rapids, MI
$9.68 /SF/Yr
Avg Asking Price
$1.31–$20 /SF/Yr
Price Range
28,594 SF
Avg Space Size
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Renovated commercial space offers two units within a TN-TBA-zoned property.
Where is this flex space located?
The property is located at 1358 Leonard St NW Grand Rapids, MI.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: 3,387 SF flex property with two units; Renovated in 2024; originally built in 1921; TN‑TBA zoning
