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: $1,300,000 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

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

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

IDX
Listing Office: Coldwell Banker Woodland Schmidt Saugatuck
Listing Agent: Nico Leo
Source MLS Verified
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.