405 Park Street, Saugatuck, MI 49453 (MLS# 20041661)

405 Park Street, Saugatuck, MI 49453

$1,680,000

Virtual Tour

https://www.propertypanorama.com/instaview/wmlar/20041661

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

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

General Property Info

New Construction: No Lot Measurement: Acres Lot Acres: 0.7 Lot Square Footage: 30492 Lot Dimensions: 302 x irregular Year Built: 2020 Road Frontage: 302 Total # Units: 8 # Fin Bldg Lvls: 3 Total # Bldgs: 1 Total SqFt: 5700 Full Baths: 7 Waterfront: Yes Body of Water: Kalamazoo River School District: Saugatuck-Douglas

Tax Info

Tax ID #: 5755002500 Taxable Value: 228332 SEV: 575400 For Tax Year: 2019 Seller's Annual Property Tax: 13088 Tax Year: 2019 Spec Assessment & Type: None known

Remarks Misc

Directions: Blue Star Hwy. to Center St. west to Ferry, north to Park St. to address. (Ferry merges to Park St.)

Status Change Info

Under Contract Date: 2021-03-20 Sold Date: 2021-05-11 Sold Price: $1,680,000 Sold Price/SqFt: 294.74

Additional Details

# Loading Docks/Well: 14

Waterfront Options

Water Access Y/N: Yes Water Frontage: 300

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 ›

Property Survey ›

Listing Office: Coldwell Banker Woodland Schmidt Saugatuck

Listing Agent: Nico Leo

Last Updated: November - 25 - 2022

405 Park Street, Saugatuck, MI 49453- MLS# 20041661

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