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

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 Seller's 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

938 W Center Street, Douglas, MI 49406- MLS# 22023368

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