650&640 Water Street, Saugatuck, MI 49453 (MLS# 19059118)

650&640 Water Street, Saugatuck, MI 49453

$1,750,000
Property Type: Commercial Sale Square Footage: 5,629 Lot Size (sq. ft.): 21,782 Status: Sold
Current Price: $1,847,000 List Date: 12/30/2019 Last Modified: 4/17/2024

Description

Rare opportunity to purchase Commercial property with Kalamazoo River frontage right in the heart of Saugatuck. Property consists of two parcels with 165' of frontage. 9 docks, two commercial storefronts ( currently leased) and two rental units offering great income potential with many options.

More Information MLS# 19059118

Location & Property Info

Cross Streets: Spear & Francis Property Sub-Type: Business Opportunity Municipality: Saugatuck City

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 328.12 Prop Avail for Lease?: No Current Bldg Use: Retail

General Property Info

New Construction: No Lot Dimensions: 165x132 Road Frontage: 165 Waterfront: Yes Body of Water: Kalamazoo River Total # Units: 2 Total # Bldgs: 2 # Fin Bldg Lvls: 2 Total SqFt: 5629 School District: Saugatuck-Douglas Lot Measurement: Acres Lot Acres: 0.5 Lot Square Footage: 21782 Year Built: 1956 Full Baths: 4

Tax Info

Taxable Value: 276807 SEV: 604400 For Tax Year: 2018 Seller's Annual Property Tax: 16250 Tax Year: 2019 Homestead %: 0 Spec Assessment & Type: None Known Zoning: Commercial Tax ID #: 035730003000

Remarks & Misc

Legal: Lot 29 Kalamazoo plat Lot 30 and N 1/2 Lot 31 Kalamazoo plat

Status Change Info

Sold Price/SqFt: 310.89 Under Contract Date: 2021-07-22 Sold Date: 2021-10-15 Sold Price: $1,750,000

Waterfront Options

Water Frontage: 165

Water Type

River: 1

Water Fea. Amenities

Dock: 1 No Wake: 1 Private Frontage: 1 View: 1

Street Type

Paved: 1

Utilities Attached

Electricity Connected: 1 Natural Gas Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Uses

Recreation: 1 Retail: 1

Construction Type

Block: 1 Frame/Wood: 1

Exterior Material

Wood Siding: 1

Roofing

Composition: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Ownership

Trust: 1

Below Grade

None: 1

Heat Type

Forced Air: 1

Air Conditioning

Central Air: 1

Docs at List Office

Survey: 1

Business Includes

Non-Applicable: 1

Util Avail at St

Cable Available: 1 Electricity Available: 1 Natural Gas Available: 1

Tenant Pays All

Electric: 1 Gas: 1 Sewer: 1 Trash: 1 Water: 1

Driveway

Paved: 1

Docs Req Conf Agrmnt

Environmental Reports: 1 Rent Roll: 1 Soil Tests: 1

Purchase Terms Avail

Cash: 1 Conventional: 1

Location Property Info

County: Allegan Street #: 650&640 Street Name: Water Suffix: Street State: MI Zip Code: 49453 Area: Holland/Saugatuck - H

OfficeContract Info

Status: Sold Current Price: $1,750,000 List Price: $1,847,000 Listing Date: 2019-12-30

Remarks Misc

Directions: Water st to property address

Property Features

Water Type: River Uses: Recreation; Retail Ownership: Trust Business Includes: Non-Applicable Construction Type: Block; Frame/Wood Exterior Material: Wood Siding Roofing: Composition Below Grade: None Tenant Pays All: Electric; Gas; Sewer; Trash; Water Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved Purchase Terms Avail: Cash; Conventional Docs at List Office: Survey Docs Req Conf Agrmnt: Environmental Reports; Rent Roll; Soil Tests Sale Conditions: None

Documents

Listing Office: Coldwell Banker Woodland Schmidt Saugatuck
Listing Agent: Judy Billings
IDX
Last Updated: April - 17 - 2024
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