938 W Center Street, Douglas, MI 49406 (MLS# 22023368)

938 W Center Street, Douglas, MI 49406

$1,650,000

Virtual Tour

https://www.propertypanorama.com/instaview/wmlar/22023368

Property Type: Commercial Sale Baths: 8 Square Footage: 6,845 Lot Size (sq. ft.): 21,904 Status: Sold

Current Price: $1,950,000 List Date: 6/11/2022 Last Modified: 10/02/2023

Overview

Description

Opportunities are endless with this spectacular property. Located within earshot of Lake Michigan and Douglas Beach and just a stroll along the path to downtown Saugatuck/Douglas. Newly updated and well maintained, this income producing property has been operating successfully for years. Main home has 6 tasteful guest rooms, (all with private in-room bathrooms), common gathering spaces, expansive wrap around porch, and is currently operating as a Bed and Breakfast. The recently updated neighboring two bedroom cottage is part of the offering and provides the extra privacy guests seek. Both homes have access to the pool area located at the rear of the properties. This truly is a wonderful opportunity to explore your hospitality dreams or expand and create new guest experiences.

Listing Details MLS# 22023368

Location Property Info

County: Allegan
Street #: 938
Street Direction: W
Street Name: Center
Suffix: Street
State: MI
Zip Code: 49406
Zip (4): 5114

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.5
Lot Square Footage: 21904
Lot Dimensions: 148 x 148
Year Built: 1930
Road Frontage: 148
Mineral Rights: Unknown
Total # Units: 8
# Fin Bldg Lvls: 6845
Total # Bldgs: 2
Total SqFt: 6845
Property Use Type: Business
Full Baths: 9
Total Baths: 8
Waterfront: No
School District: Saugatuck-Douglas

Tax Info

Tax ID #: 59-017-061-00
Taxable Value: 190614
SEV: 463400
For Tax Year: 2022
Seller's Annual Property Tax: 11151
Tax Year: 2021
Spec Assessment & Type: None Known
Zoning: R-2 RES
Homestead %: 0

Remarks Misc

Directions: Blue Star to Center. West to Address.

Status Change Info

Under Contract Date: 2023-04-14
Sold Date: 2023-09-29
Sold Price/SqFt: 241.05

More Information

Waterfront Options

Water Access Y/N: No

Location & Property Info

Cross Streets: Wildwood & Chestnut
Property Sub-Type: Business Opportunity
Area: Holland/Saugatuck - H
Municipality: Douglas Vllg

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 284.88
Prop Avail for Lease?: Yes

Remarks & Misc

Legal: As per title

Water Fea. Amenities

Public Access 1 Mile or Less: Yes

Street Type

Paved: Yes
Public: Yes

Property Use

Business: Yes

Utilities Attached

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

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Other: Yes

Construction Type

Frame/Wood: Yes

Exterior Material

Aluminum Siding: 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

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Business Includes

Furniture: Yes
Licenses: Yes
Real Estate: Yes

Foundation

Block: Yes

Util Avail at St

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Phone 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: Aluminum Siding; Vinyl Siding Roofing: Composition Foundation: Block Below Grade: Basement; Full Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: 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

Documents

Seller’s Disclosure ›

Listing Office: Coldwell Banker Woodland Schmidt Saugatuck

Listing Agent: Gregory Smith

Last Updated: October - 02 - 2023

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