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
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.
More Information MLS# 20041661
Location & Property Info
Cross Streets: Vine & Bliss
Property Sub-Type: Business Opportunity
Municipality: Saugatuck City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 324.56
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: 302 x irregular
Road Frontage: 302
Waterfront: Yes
Body of Water: Kalamazoo River
Total # Units: 8
Total # Bldgs: 1
# Fin Bldg Lvls: 3
Total SqFt: 5700
School District: Saugatuck-Douglas
Lot Measurement: Acres
Lot Acres: 0.7
Lot Square Footage: 30492
Year Built: 2020
Full Baths: 7
Tax Info
Taxable Value: 228332
SEV: 575400
For Tax Year: 2019
Seller's Annual Property Tax: 13088
Tax Year: 2019
Homestead %: 0
Spec Assessment & Type: None known
Tax ID #: 5755002500
Remarks & Misc
Legal: LOT 25 EX COM AT THE MOST N'LY COR OF LOT 1 OF OAK KNOLLS PLAT
Status Change Info
Sold Price/SqFt: 294.74
Under Contract Date: 2021-03-20
Sold Date: 2021-05-11
Sold Price: $1,680,000
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 300
Water Type
Lake: 1
River: 1
Water Fea. Amenities
All Sports: 1
Dock: 1
Private Frontage: 1
View: 1
Additional Details
# Loading Docks/Well: 14
Street Type
Paved: 1
Public: 1
Property Use
Business: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Bar/Tavern/Lounge: 1
Professional Service: 1
Professional/Office: 1
Recreation: 1
Restaurant: 1
Other: 1
Construction Type
Frame/Wood: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
Other: 1
Below Grade
Walk-Out Access: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Real Estate: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Driveway
Unpaved: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Allegan
Street #: 405
Street Name: Park
Suffix: Street
State: MI
Zip Code: 49453
Area: Holland/Saugatuck - H
OfficeContract Info
Status: Sold
Current Price: $1,680,000
List Price: $1,850,000
Listing Date: 2020-10-05
Remarks Misc
Directions: Blue Star Hwy. to Center St. west to Ferry, north to Park St. to address. (Ferry merges to Park St.)
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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