Historic Retail Building with Loading
For Sale
Contact for pricing
1515 Lake Dr SE, Grand Rapids, MI 49506
Historic retail building with main-floor retail plus a bonus basement and a north-end overhead door for pickup and delivery.
Property Size4,986 SF
Days on Market129
Property Features for 1515 Lake Dr SE
General Information
Standard status
Active
Size
4,986 SF
Total Parking Spaces
7
Property subtype
Retail
Additional Details
Road Access
Yes
Drive-In Doors
1
Building Details
Year Built
1920
Listing Agency:
NAI Wisinski of West Michigan - Grand Rapids
(616) 242-1114
Listed By:
Todd Leinberger · License #MI 6501394346
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 7:54AM
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 NAI Wisinski of West Michigan - Grand Rapids
Investment Insights
Based on property information with market context.
Built in 1920, this historic retail building includes main-floor retail space totaling 4,986 SF, plus a bonus basement of 2,900 SF. A 1930 addition added 2,137 SF on the north end, extending the building’s retail area. The north end features an overhead door connected to 5–7 parking spaces, designed for convenient pickup and delivery.
Located in the Eastown Neighborhood, the overhead door provides access via Norwood Ave. The property’s configuration reflects its prior function as a neighborhood-oriented hardware store, with direct support for servicing customers and restocking operations.
Overall, the building offers a combined retail and basement layout with dedicated north-end drive access for loading-related needs.
Located in the Eastown Neighborhood, the overhead door provides access via Norwood Ave. The property’s configuration reflects its prior function as a neighborhood-oriented hardware store, with direct support for servicing customers and restocking operations.
Overall, the building offers a combined retail and basement layout with dedicated north-end drive access for loading-related needs.
Key Highlights
- Historic retail building built in 1920 with 2,848 SF plus a bonus basement of 2,900 SF
- 1930 north‑end addition adds 2,137 SF for a total of 4,986 SF main‑floor retail
- North end includes an overhead door connected to 5–7 parking spaces
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,091
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 31%
Beauty & Spa 11%
Citgo
Shops & Services
9,397 visits/mo
0.1 miles
Jimmy John's
Dining
5,168 visits/mo
0.0 miles
Family Dollar
Shops & Services
4,275 visits/mo
0.5 miles
Jude's Barbershop
Beauty & Spa
3,264 visits/mo
0.0 miles
Huntington Bank
Shops & Services
3,011 visits/mo
0.4 miles
Demographics for 49506, MI
33,050
Population
13,262
Households
2.5
Avg Household Size
34
Median Age
67%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
4,527
Density / Sq Mi
$112,287
Median Household Income
$48,631
Median Earnings
$1,305
Median Rent
$338,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Storefront property - Historic retail building with main-floor retail plus a bonus basement and a north-end overhead door for pickup and delivery.
Where is this storefront property located?
The property is located at 1515 Lake Dr SE Grand Rapids, MI.
What are key features of this property?
This property features: Historic retail building built in 1920 with 2,848 SF plus a bonus basement of 2,900 SF; 1930 north‑end addition adds 2,137 SF for a total of 4,986 SF main‑floor retail; North end includes an overhead door connected to 5–7 parking spaces
