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Key Details
Sold Price $720,000
Property Type Commercial
Sub Type Retail/Commercial
Listing Status Sold
Purchase Type For Sale
Municipality Saugatuck City
MLS Listing ID 22007478
Sold Date 03/10/23
Full Baths 3
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1966
Annual Tax Amount $9,528
Tax Year 2021
Lot Size 8,712 Sqft
Acres 0.2
Property Description
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.
Location
State MI
County Allegan
Area Holland/Saugatuck - H
Direction Blue Star HWY to Lake Street, At stop sign turn right on Griffith, Property at corner of Griffith and Mason.
Interior
Cooling Central Air
Fireplaces Number 1
Exterior
Garage Paved
Utilities Available Cable Connected, Public Water, Public Sewer, Broadband, Natural Gas Connected, Electricity Available, Natural Gas Available
Waterfront No
View Y/N No
Roof Type Composition
Street Surface Paved
Parking Type Paved
Building
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Schools
School District Saugatuck-Douglas
Others
Tax ID 57-300-167-00
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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