938 W Center Street, Douglas, MI 49406 (MLS# 22023368)
938 W Center Street, Douglas, MI 49406
$1,650,000
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
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.
More Information 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
Area: Holland/Saugatuck - H
OfficeContract Info
Status: Sold
Current Price: $1,650,000
List Price: $1,950,000
Listing Date: 2022-06-11
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
Annual Property Tax: 11151
Tax Year: 2021
Spec Assessment & Type: None Known
Zoning: R-2 RES
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: $1,650,000
Sold Price/SqFt: 241.05
Waterfront Options
Water Access Y/N: No
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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