3180 Washington Avenue SW, Grandville, MI 49418 (MLS# 22040136)
3180 Washington Avenue SW, Grandville, MI 49418
$1,225,000
Property Type:
Commercial Sale
Baths:
11
Square Footage:
7,691
Lot Size (sq. ft.):
24,829
Status:
Sold
Current Price:
$1,399,000
List Date:
9/16/2022
Last Modified:
5/19/2023
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.
More Information 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
Area: Grand Rapids - G
OfficeContract Info
Status: Sold
Current Price: $1,225,000
List Price: $1,399,000
Listing Date: 2022-09-16
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
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: $1,225,000
Sold Price/SqFt: 159.28
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
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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