117 55th Street, Grand Junction, MI 49056

$1,250,000
Property Type: Commercial Sale Square Footage: 23,000 Lot Size (sq. ft.): 3,423,380 Status: Sold
Current Price: $1,600,000 List Date: 6/01/2019 Last Modified: 10/18/2021

Description

LESTER LAKE LAND DEVELOPMENT - To find yourself, sometimes you need to get away and lose yourself. Come let your imagination run wild and transform this nearly 80 acres and ~1450' of lakefront on beautiful Lester Lake in Lee Twp into something AMAZING! Blessed with beautiful open prairies, woodlands and trails, this property is begging to be West Michigan's NEW GLAMPING HOT SPOT! Property is also well suited for a multitude of commercial, residential and agricultural purposes.

Supplements: Located in one of the more loosely regulated townships in SW Michigan and available for residential, commercial or agricultural purposes.Once you discover how incredibly unique this property is, recognizing the multi-dimensional opportunities (e.g. lakefront cottages, treehouse cabins, Hogans and Yurts, tent camping, outdoor/indoor recreational facilities) and the possibility for this becoming the most desirable glamping hot spot and vacation destination in the MID-WEST is a fairly easy and logical next step.PROPERTY TO BE SOLD IN ITS ENTIRETY. Owner will not parcel off individual sites. Tax information and sale represents three parcels: 03-12-400-001-00, 03-12-033-006-00 and 03-12-003-015-00.Offering and sale is for land and all buildings currently on the property (with the exclusion of the kitchen trailer) in AS IS condition. Seller will not perform any repairs nor credit purchaser for deficiencies or any modifications or upgrades purchaser deems necessary. Some buildings may be rehabilitated while some are demo candidates.

More Information MLS# 19024250

Location & Property Info

Cross Streets: 102nd & Baseline Rd Property Sub-Type: Business Opportunity Municipality: Lee Twp

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 69.57 Prop Avail for Lease?: No

General Property Info

New Construction: No Lot Dimensions: Irregular - See Legal Road Frontage: 1420 Mineral Rights: Unknown Waterfront: Yes Year Remodeled: 1990 Body of Water: Lester Lake Total # Units: 0 Total # Bldgs: 6 # Fin Bldg Lvls: 0 Total SqFt: 23000 School District: Bloomingdale Lot Measurement: Acres Lot Acres: 78.59 Lot Square Footage: 3423380 Year Built: 1968

Tax Info

Taxable Value: 150972 SEV: 273000 For Tax Year: 2019 Seller's Annual Property Tax: 7893.52 Tax Year: 2019 Homestead %: 0 Spec Assessment & Type: None Per Twp Zoning: COM RES AG Tax ID #: 031203301500

Remarks & Misc

Legal: See Attached

Status Change Info

Sold Price/SqFt: 54.35 Under Contract Date: 2020-02-05 Sold Date: 2020-09-21 Sold Price: $1,250,000

Waterfront Options

Water Access Y/N: Yes Water Frontage: 1450

Water Type

Lake: 1

Water Fea. Amenities

All Sports: 1 Private Frontage: 1 Public Access 1 Mile or Less: 1 View: 1

Street Type

Paved: 1 Public: 1

Utilities Attached

Electricity Connected: 1 Propane: 1

Sewer

Septic Tank: 1

Water

Well: 1

Uses

Bar/Tavern/Lounge: 1 Professional Service: 1 Recreation: 1 Restaurant: 1 Other: 1

Construction Type

Block: 1 Frame/Wood: 1

Heat Source

Propane: 1

Sale Conditions

None: 1

Ownership

Corporation: 1

Heat Type

Forced Air: 1

Business Includes

Real Estate: 1

Util Avail at St

Electricity Available: 1 Phone Available: 1

Driveway

Unpaved: 1

Purchase Terms Avail

Cash: 1 Conventional: 1

Possession

Negotiable: 1

Location Property Info

County: Allegan Street #: 117 Street Name: 55th Street State: MI Zip Code: 49056 Area: Southwestern Michigan - S

OfficeContract Info

Status: Sold Current Price: $1,250,000 List Price: $1,600,000 Listing Date: 2019-06-01

Remarks Misc

Directions: From West: I-196 take Exit 20 East to CR-388 (Phoenix St) toward Grand Junction/ From South Haven, East on Phoenix St toward Grand Junction. North on CR 681 to 102nd. Turn Right. South on 55th to property.From East: M43 West to 54th St (AKA CR-215). West on 12th/CR-384. North on 54th/CR-215. West on Baseline Rd. North on 55th St to property.

Property Features

Water Type: Lake Uses: Bar/Tavern/Lounge; Professional Service; Recreation; Restaurant; Other Ownership: Corporation Business Includes: Real Estate Construction Type: Block; Frame/Wood Sewer: Septic Tank Water: Well Utilities Attached: Electricity Connected; Propane Util Avail at St: Electricity Available; Phone Available Heat Source: Propane Heat Type: Forced Air Driveway: Unpaved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Possession: Negotiable

Documents

Listing Office: Advanced Realty Global
Listing Agent: Jeff Leonard
IDX
Last Updated: October - 18 - 2021
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