246 Culver Street, Saugatuck, MI 49453 (MLS# 23012165)
246 Culver Street, Saugatuck, MI 49453
$1,680,000
Property Type:
Commercial Sale
Square Footage:
10,362
Lot Size (sq. ft.):
7,797
Status:
Sold
Current Price:
$1,795,000
List Date:
4/21/2023
Last Modified:
6/05/2023
Description
Iconic 1905 Reeds Livery Building in a prime Saugatuck location with beautiful water views. The building is the location of the former Toulouse Restaurant (4,707 sf) along with 2 retail spaces (approx. 1,000 sf each), courtyard, 4-bedroom apartment (2,124sf). The additional office and storage space on the second floor (1,500sf) could be turned into another apartment. Great investment opportunity well below market rate. The building could be split into condo units if buyer desires.
More Information MLS# 23012165
Location Property Info
County: Allegan
Street #: 246
Street Name: Culver
Suffix: Street
State: MI
Zip Code: 49453
Area: Holland/Saugatuck - H
OfficeContract Info
Status: Sold
Current Price: $1,680,000
List Price: $1,795,000
Listing Date: 2023-04-14
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.18
Lot Square Footage: 7797
Lot Dimensions: 65 x 120
Year Built: 1905
Road Frontage: 185
Total # Units: 5
# Fin Bldg Lvls: 2
Total # Bldgs: 1
Total SqFt: 10362
Full Baths: 3
Waterfront: No
School District: Saugatuck-Douglas
Tax Info
Tax ID #: 57-300-192-00
Taxable Value: 565877
SEV: 744000
For Tax Year: 2023
Annual Property Tax: 35974.57
Tax Year: 2022
Non-Conforming Use: No
Zoning: C1 -City Center
Remarks Misc
Directions: Blue Star to Lake, turns into Culver. Corner Culver and Griffith
Status Change Info
Under Contract Date: 2023-04-26
Sold Date: 2023-05-31
Sold Price: $1,680,000
Sold Price/SqFt: 162.13
Property Features
Property Use: Vacant/Owner-User
Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Restaurant; Retail; Other
Ownership: LLC
Business Includes: Real Estate
Construction Type: Block; Frame/Wood
Exterior Material: Block; Wood Siding
Roofing: Rubber
Foundation: Slab
Below Grade: None
Additional Features: Bath Common Area; Fire Sprinkler; Multi User Facility
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Broadband; Cable Available; Electricity Available; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Street Type: Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Possession: Close Of Escrow
Survey ›Listing Office: Coldwell Banker Woodland Schmidt Saugatuck
Listing Agent: Nico Leo
Last Updated: June - 05 - 2023
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