Listing ID22007478
Sold For$720,000
StatusClosed
Sold Date3/10/2023
Total Baths3
Full Baths3
SqFt
3,685
Acres
0.200
CountyAllegan
Year Built1966
Property TypeCommercial Sale
Property Sub TypeRetail/Commercial
Saugatuck investment opportunity in the heart of downtown. Current first floor tenant is an established restaurant and the second floor is a large three bedroom, two bath apartment that is currently a vacation rental with a solid rental history. Apartment currently rents in peak season as well as off season. The open airy floor plan has many recent updates and would also be great for an owner's private use. Sale must be subject to current leases in place at time of sale.
County
Allegan
Price Before Reduction
950000
Price Reduction Date
2022-12-29T20:41:15+00:00
Property Sub Type
Retail/Commercial
Property Type
Commercial Sale
Year Built
1966
Cooling
yes
Cooling Type
Central Air
Heating
yes
Heating Type
Forced Air, Natural Gas
Construction Materials
Wood Siding
Lot Size Area
0.2
Lot Size Square Feet
8712
Lot Size Units
Acres
New Construction
no
Number Of Buildings
1
Number Of Units Total
2
Roof
Composition
Utilities
Cable Connected, Public Water, Public Sewer, Broadband
Water Source
Public
Directions
Blue Star HWY to Lake Street, At stop sign turn right on Griffith, Property at corner of Griffith and Mason.
High School District
Saugatuck-Douglas
MLS Area Major
Holland/Saugatuck - H
MLS Area Minor
Holland/Saugatuck - H
Waterfront
no
Business Type
Restaurant, Bar/Tavern/Lounge
Mls Status
Sold
Inclusions
1, 1
Lease Considered
no
Listing Terms
Conventional, Cash
Tax Annual Amount
9528.63
Tax Assessed Value
161500
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