3180 Washington Avenue SW, Grandville, MI 49418 (MLS# 22040136)

3180 Washington Avenue SW, Grandville, MI 49418

$1,225,000

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Property Type: Commercial Sale Baths: 11 Square Footage: 7,691 Lot Size (sq. ft.): 24,829 Status: Sold

Current Price: $1,225,000 List Date: 9/16/2022 Last Modified: 5/19/2023

Overview

Description

Here is an excellent opportunity to live, work and produce income in an amazing property that is ideally located. Three separate income producing properties currently being operated as a very successful 9 guest room Inn as well as a duplex with long term rental. The majority of the property has been recently updated and continues to be well maintained. The Inn has seen continual growth as it has successfully acclimated to changing times, yet significant growth potential remains. With all of the options this property offers, it definitely is worth taking a look.

Listing Details MLS# 22040136

Location Property Info

County: Kent
Street #: 3180
Street Name: Washington
Suffix: Avenue
Post Direction: SW
State: MI
Zip Code: 49418
Zip (4): 1236

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.57
Lot Square Footage: 24829
Lot Dimensions: 182 x 132
Year Built: 1916
Road Frontage: 181
Mineral Rights: Unknown
Year Remodeled: 2022
Total # Units: 3
# Fin Bldg Lvls: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 3
Total SqFt: 7691
Total Net SqFt: 7691
Property Use Type: Business
Full Baths: 11
Total Baths: 11
Waterfront: No
School District: Grandville

Tax Info

Tax ID #: 41-17-18-283-013
Taxable Value: 195685
SEV: 378300
For Tax Year: 2021
Seller's Annual Property Tax: 8785
Tax Year: 2021
Homestead %: 63
Spec Assessment & Type: None Known
Zoning: Res Improved

Remarks Misc

Directions: 196 to M11. South on Wilson. East on Prairie. North on Washington

Status Change Info

Under Contract Date: 2023-03-04
Sold Date: 2023-05-15
Sold Price/SqFt: 159.28

More Information

Unit 1

Unit Description: 3180 Washington
SqFt: 4075
Occupied: Yes
# HVAC: 2
# Baths: 8

Unit 2

Unit Description: 3168 Washington
SqFt: 1768
Occupied: Yes

Unit 3

Unit Description: 4075 Prairie
SqFt: 1848
Occupied: Yes

Location & Property Info

Cross Streets: Wilson & Fayette
Property Sub-Type: Business Opportunity
Area: Grand Rapids - G
Municipality: Grandville City

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 181.9
Prop Avail for Lease?: No

Remarks & Misc

Legal: LOTS 237 & 244 *VILLAGE OF GRANDVILLE

Street Type

Paved: Yes
Public: Yes

Property Use

Business: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Other: Yes

Construction Type

Frame/Wood: Yes

Exterior Material

Brick: Yes
Vinyl Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Ownership

LLC: Yes

Below Grade

Basement: Yes
Full: Yes
Walk-Out Access: Yes

Heat Type

Baseboard: Yes
Forced Air: Yes

Air Conditioning

Central Air: Yes

Business Includes

Furniture: Yes
Licenses: Yes
Real Estate: Yes

Util Avail at St

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes

Driveway

Concrete: Yes

Docs Req Conf Agrmnt

Financials: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Possession

Negotiable: Yes

Property Features

Property Use: Business Uses: Other Ownership: LLC Business Includes: Furniture; Licenses; Real Estate Construction Type: Frame/Wood Exterior Material: Brick; Vinyl Siding Roofing: Composition Below Grade: Basement; Full; Walk-Out Access Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available Heat Source: Natural Gas Heat Type: Baseboard; Forced Air Air Conditioning: Central Air Driveway: Concrete Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs Req Conf Agrmnt: Financials Sale Conditions: None Possession: Negotiable

Listing Office: Coldwell Banker Woodland Schmidt Saugatuck

Listing Agent: Gregory Smith

Last Updated: May - 19 - 2023

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