1675 Phoenix Street, South Haven, MI 49090 (MLS# 17047850)

1675 Phoenix Street, South Haven, MI 49090

$2,175,000

Property Type: Commercial Sale Square Footage: 28,925 Lot Size (sq. ft.): 186,436 Status: Sold

Current Price: $2,250,000 List Date: 9/20/2017 Last Modified: 10/28/2021

Description

Excellent Retail Investment opportunity in South Haven, Michigan. This 28,925 SF fully leased Retail Strip is on 4.28 Acres of land. Strategically located in a high traffic count intersection, just off I-196. Great tenant mix with six (6) retails stores. 9% cap rate conservatively underwritten.

More Information MLS# 17047850

Location Property Info

County: Van Buren Street #: 1675 Street Name: Phoenix Street State: MI Zip Code: 49090 Area: Southwestern Michigan - S

OfficeContract Info

Status: Sold Current Price: $2,175,000 List Price: $2,250,000 Listing Date: 2017-09-20

General Property Info

New Construction: No Lot Measurement: Acres Lot Acres: 4.28 Lot Square Footage: 186436 Lot Dimensions: 503 x 356 x 353 x 474 Year Built: 2002 Road Frontage: 827 Total # Units: 6 # Fin Bldg Lvls: 1 Total # Bldgs: 1 Total SqFt: 28925 Full Baths: 1 Waterfront: No School District: South Haven

Tax Info

Tax ID #: 80-53-869-002-40 Taxable Value: 629700 SEV: 629700 For Tax Year: 2017 Seller's Annual Property Tax: 36303.07 Tax Year: 2016 Spec Assessment & Type: n/a Zoning: Commercial

Remarks Misc

Directions: I-196 to exit 20 for downtown South Haven. east one block to address.

Status Change Info

Under Contract Date: 2018-07-02 Sold Date: 2018-10-10 Sold Price: $2,175,000 Sold Price/SqFt: 75.19

Property Features

Uses: Retail Business Includes: Real Estate Construction Type: Steel Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: Electricity Available; Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Purchase Terms Avail: Cash; Conventional Sale Conditions: None

Documents

Listing Flyer ›

Listing Office: Colliers International Holland

Listing Agent: Matthew Wickstra

Last Updated: October - 28 - 2021

1675 Phoenix Street, South Haven, MI 49090- MLS# 17047850

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.