246 Culver Street, Saugatuck, MI 49453

$1,300,000
Property Type: Commercial Sale Square Footage: 10,362 Lot Size (sq. ft.): 7,797 Status: Sold
Current Price: $1,499,000 List Date: 8/02/2019 Last Modified: 1/06/2023

Overview

Description

Iconic 1905 Reeds Livery Building in a prime Saugatuck location with beautiful water views. The building is the location of the former Toulouse Restaurant (4,707sf) along with 2 retail spaces (approx. 1,000sf each), courtyard, 4 bedroom apartment (2,124sf) and office and storage space (1,500sf). Great investment opportunity well below market rate. The building could be split into condo units if Buyer desires.

Listing Details MLS# 19036986

Location Property Info

County
Allegan
Street #
246
Street Name
Culver
Suffix
Street
State
MI
Zip Code
49453

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.18
Lot Square Footage
7797
Lot Dimensions
65x120
Year Built
1905
Road Frontage
185
Mineral Rights
Unknown
Total # Units
5
# Fin Bldg Lvls
2
Total # Bldgs
Yes
Total SqFt
10362
Full Baths
8
Waterfront
No
School District
Saugatuck-Douglas

Tax Info

Tax ID #
035730019200
Taxable Value
370790
SEV
381400
For Tax Year
2019
Seller's Annual Property Tax
21255
Tax Year
2019
Spec Assessment & Type
None
Homestead %
0

Remarks Misc

Directions
Blue Star to Lake St (turns into Culver) corner of Culver and Griffith

Status Change Info

Under Contract Date
2020-09-01
Sold Date
2020-11-12
Sold Price/SqFt
125.46

More Information

Location & Property Info

Cross Streets
Culver & Griffith
Property Sub-Type
Business Opportunity
Area
Holland/Saugatuck - H
Municipality
Saugatuck City

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
144.66
Prop Avail for Lease?
No

Remarks & Misc

Legal
LOT 186 EX W 2 FT ALSO EX N 12 FT ALSO THE N 12 FT OF THE E 65 FT OF

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Bar/Tavern/Lounge
Yes
Restaurant
Yes
Retail
Yes
Storage
Yes
Other
Yes

Construction Type

Block
Yes

Roofing

Rubber
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

REO/Bank Owned
Yes

Ownership

Other
Yes

Below Grade

None
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Business Includes

Equipment
Yes
Furniture
Yes
Real Estate
Yes

Additional Features

Barrier Free
Yes
Multi User Facility
Yes

Util Avail at St

Cable Available
Yes
Electricity Available
Yes
Natural Gas Available
Yes
Phone Available
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

Property Features

Uses: Bar/Tavern/Lounge; Restaurant; Retail; Storage; Other Ownership: Other Business Includes: Equipment; Furniture; Real Estate Construction Type: Block Roofing: Rubber Below Grade: None Additional Features: Barrier Free; Multi User Facility 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 Purchase Terms Avail: Cash; Conventional Sale Conditions: REO/Bank Owned Possession: Close Of Escrow

Documents

Listing Office: Coldwell Banker Woodland Schmidt Saugatuck
Listing Agent: Nico Leo
IDX
Last Updated: January - 06 - 2023
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.