405 Park Street, Saugatuck, MI 49453 (MLS# 20041661)
405 Park Street, Saugatuck, MI 49453
$1,680,000
Property Type:
Commercial Sale
Square Footage:
5,700
Lot Size (sq. ft.):
30,492
Status:
Sold
Current Price:
$1,850,000
List Date:
10/05/2020
Last Modified:
11/25/2022
Overview
Description
REDEVELOPMENT OPPORTUNITY. 300 feet of Prime Saugatuck Waterfront property zoned for a hotel, condominiums, resort, apartments, restaurant, marina (14 slips) 3 single family waterfront homes, etc. Property is located at the transition between Lake Kalamazoo and the Kalamazoo River directly across from Downtown Saugatuck and only steps from the Chain Ferry. This .7 acre site offers stunning 180-degree views of the river and town. Agent Only Remarks: Property being sold in 'AS IS' condition, value is in the land.
Listing Details MLS# 20041661
Location Property Info
- County
- Allegan
- Street #
- 405
- Street Name
- Park
- Suffix
- Street
- State
- MI
- Zip Code
- 49453
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 0.7
- Lot Square Footage
- 30492
- Lot Dimensions
- 302 x irregular
- Year Built
- 2020
- Road Frontage
- 302
- Total # Units
- 8
- # Fin Bldg Lvls
- 3
- Total # Bldgs
- Yes
- Total SqFt
- 5700
- Full Baths
- 7
- Waterfront
- Yes
- Body of Water
- Kalamazoo River
- School District
- Saugatuck-Douglas
Tax Info
- Tax ID #
- 5755002500
- Taxable Value
- 228332
- SEV
- 575400
- For Tax Year
- 2019
- Seller's Annual Property Tax
- 13088
- Tax Year
- 2019
- Spec Assessment & Type
- None known
- Homestead %
- 0
Remarks Misc
- Directions
- Blue Star Hwy. to Center St. west to Ferry, north to Park St. to address. (Ferry merges to Park St.)
Status Change Info
- Under Contract Date
- 2021-03-20
- Sold Date
- 2021-05-11
- Sold Price/SqFt
- 294.74
More Information
Additional Details
- # Loading Docks/Well
- 14
Waterfront Options
- Water Access Y/N
- Yes
- Water Frontage
- 300
Location & Property Info
- Cross Streets
- Vine & Bliss
- Property Sub-Type
- Business Opportunity
- Area
- Holland/Saugatuck - H
- Municipality
- Saugatuck City
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 324.56
- Prop Avail for Lease?
- No
Remarks & Misc
- Legal
- LOT 25 EX COM AT THE MOST N'LY COR OF LOT 1 OF OAK KNOLLS PLAT
Water Type
- Lake
- Yes
- River
- Yes
Water Fea. Amenities
- All Sports
- Yes
- Dock
- Yes
- Private Frontage
- Yes
- View
- Yes
Street Type
- Paved
- Yes
- Public
- Yes
Property Use
- Business
- Yes
Utilities Attached
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Bar/Tavern/Lounge
- Yes
- Professional Service
- Yes
- Professional/Office
- Yes
- Recreation
- Yes
- Restaurant
- Yes
- Other
- Yes
Construction Type
- Frame/Wood
- Yes
Exterior Material
- Wood Siding
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Ownership
- Other
- Yes
Below Grade
- Walk-Out Access
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Business Includes
- Real Estate
- Yes
Util Avail at St
- Cable Available
- Yes
- Electricity Available
- Yes
- High Speed Internet
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
Driveway
- Unpaved
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Property Use:
Business
Water Type:
Lake; River
Uses:
Bar/Tavern/Lounge; Professional Service; Professional/Office; Recreation; Restaurant; Other
Ownership:
Other
Business Includes:
Real Estate
Construction Type:
Frame/Wood
Exterior Material:
Wood Siding
Roofing:
Composition
Below Grade:
Walk-Out Access
Sewer:
Public Sewer
Water:
Public Water
Utilities Attached:
Electricity Connected; Natural Gas Connected
Util Avail at St:
Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available
Heat Source:
Natural Gas
Heat Type:
Forced Air
Air Conditioning:
Central Air
Driveway:
Unpaved
Street Type:
Paved; Public
Purchase Terms Avail:
Cash; Conventional
Sale Conditions:
None
Possession:
Close Of Escrow
Documents
Survey ›
Listing Office:
Coldwell Banker Woodland Schmidt Saugatuck
Listing Agent:
Nico Leo
Last Updated: November - 25 - 2022
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