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: $2,175,000 List Date: 9/20/2017 Last Modified: 10/28/2021

Overview

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.

Listing Details MLS# 17047850

Location Property Info

County
Van Buren
Street #
1675
Street Name
Phoenix Street
State
MI
Zip Code
49090

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
Yes
Total # Bldgs
Yes
Total SqFt
28925
Full Baths
Yes
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/SqFt
75.19

More Information

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

IDX
Listing Office: Colliers International Holland
Listing Agent: Matthew D Wickstra
Source MLS Verified
Last Updated: October - 28 - 2021
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.