Property Type:
Commercial Sale
Baths:
10.5
Square Footage:
7,450
Lot Size (sq. ft.):
13,068
Status:
Sold
Current Price:
$2,200,000
List Date:
3/19/2022
Last Modified:
9/26/2022
18 W Merchant Street, New Buffalo, MI 49117
$1,700,000
Overview
Description
This well established and successful Inn is located in the heart of downtown New Buffalo, just steps to the finest specialty shops, restaurants, marina and public beach access. The Inn boasts nine distinctly decorated bedrooms, each with an on-suite, tv and refrigerator. Some Suites offer an outdoor deck, sitting-room or fireplace. The kitchenette and gathering room located on the main floor as well as the large size back deck with views of the 4 Season Room, outdoor patio and backyard have been enjoyed by all guests during their stay. The bright and open 4 Season room which sits separately from the Inn is surrounded by glass doors letting natural light in. In cooler weather cozy up and enjoy the warmth from the gas log fireplace. Enjoy the large backyard or grab a chair and relax at the
Supplements:
Listing Details MLS# 22008871
Location Property Info
- County
- Berrien
- Street #
- 18
- Street Direction
- W
- Street Name
- Merchant
- Suffix
- Street
- State
- MI
- Zip Code
- 49117
- Zip (4)
- 49117
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 0.3
- Lot Square Footage
- 13068
- Lot Dimensions
- 132 x 132 x 66 x 66 x 66 x66
- Year Built
- 2005
- Road Frontage
- 132
- Total # Units
- 9
- # Fin Bldg Lvls
- 3
- Total # Bldgs
- 2
- Total SqFt
- 7450
- Property Use Type
- Investment
- Full Baths
- 10
- Total Baths
- 10.5
- Waterfront
- No
- Body of Water
- Lake Michigan
- School District
- New Buffalo
Tax Info
- Tax ID #
- 116203400139003
- Taxable Value
- 278000
- SEV
- 278000
- For Tax Year
- 2021
- Seller's Annual Property Tax
- 17291
- Tax Year
- 2021
- Spec Assessment & Type
- none known
- Homestead %
- 0
Remarks Misc
- Directions
- North on Whittaker Street to West on Mechanic Street. No walk-ins. Showings by appointment only
Status Change Info
- Under Contract Date
- 2022-05-24
- Sold Date
- 2022-09-23
- Sold Price/SqFt
- 228.19
More Information
Additional Details
- Total Parking Spaces
- 11
Waterfront Options
- Water Access Y/N
- Yes
- Water Frontage
- 0
Business Opportunity
- Business Name
- Lake Country Inn
Location & Property Info
- Cross Streets
- Whittaker Street
- Property Sub-Type
- Business Opportunity
- Area
- Southwestern Michigan - S
- Municipality
- New Buffalo City
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 295.3
- Prop Avail for Lease?
- No
- Current Bldg Use
- Inn
Remarks & Misc
- Legal
- As legal of record. Two tax codes. One for Inn and one for parking lot
Water Type
- Lake
- Yes
Water Fea. Amenities
- All Sports
- Yes
- Public Access 1 Mile or Less
- Yes
Street Type
- Paved
- Yes
- Public
- Yes
Property Use
- Investment
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Phone Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Other
- Yes
Construction Type
- Block
- Yes
- Frame/Wood
- Yes
Exterior Material
- Other
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Ownership
- LLC
- Yes
Below Grade
- Basement
- Yes
- Full
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Business Includes
- Equipment
- Yes
- Furniture
- Yes
- Inventory
- Yes
Additional Features
- Barrier Free
- Yes
Foundation
- Block
- Yes
Util Avail at St
- Cable Available
- Yes
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Phone Available
- Yes
- Storm Sewer
- Yes
Driveway
- Asphalt
- Yes
Docs Req Conf Agrmnt
- Financials
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Property Use:
Investment
Water Type:
Lake
Uses:
Other
Ownership:
LLC
Business Includes:
Equipment; Furniture; Inventory
Construction Type:
Block; Frame/Wood
Exterior Material:
Other
Foundation:
Block
Below Grade:
Basement; Full
Additional Features:
Barrier Free
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; Storm Sewer
Heat Source:
Natural Gas
Heat Type:
Forced Air
Air Conditioning:
Central Air
Driveway:
Asphalt
Street Type:
Paved; Public
Purchase Terms Avail:
Cash; Conventional
Docs Req Conf Agrmnt:
Financials
Sale Conditions:
None
Possession:
Close Of Escrow
Listing Office:
Berkshire Hathaway HomeServices Chicago
Listing Agent:
Betty M Biernacki
Last Updated: September - 26 - 2022
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.
