Property Type:
Commercial Sale
Square Footage:
10,362
Lot Size (sq. ft.):
7,797
Status:
Sold
Current Price:
$1,795,000
List Date:
4/21/2023
Last Modified:
6/05/2023
246 Culver Street, Saugatuck, MI 49453
$1,680,000
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 (4,707 sf) along with 2 retail spaces (approx. 1,000 sf each), courtyard, 4-bedroom apartment (2,124sf). The additional office and storage space on the second floor (1,500sf) could be turned into another apartment. Great investment opportunity well below market rate. The building could be split into condo units if buyer desires.
More Information MLS# 23012165
Location & Property Info
Cross Streets: Culver and Griffith
Property Sub-Type: Retail
Municipality: Saugatuck City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 173.23
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: 65 x 120
Road Frontage: 185
Waterfront: No
Total # Units: 5
Total # Bldgs: 1
# Fin Bldg Lvls: 2
Total SqFt: 10362
School District: Saugatuck-Douglas
Lot Measurement: Acres
Lot Acres: 0.18
Lot Square Footage: 7797
Year Built: 1905
Full Baths: 3
Tax Info
Taxable Value: 565877
SEV: 744000
For Tax Year: 2023
Seller's Annual Property Tax: 35974.57
Tax Year: 2022
Homestead %: 0
Spec Assessment & Type: 0
Non-Conforming Use: No
Zoning: C1 -City Center
Tax ID #: 57-300-192-00
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 LOT 186 KALAMAZOO
Status Change Info
Sold Price/SqFt: 162.13
Under Contract Date: 2023-04-26
Sold Date: 2023-05-31
Sold Price: $1,680,000
Street Type
Public: 1
Property Use
Vacant/Owner-User: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Bar/Tavern/Lounge: 1
Professional Service: 1
Professional/Office: 1
Restaurant: 1
Retail: 1
Other: 1
Construction Type
Block: 1
Frame/Wood: 1
Exterior Material
Block: 1
Wood Siding: 1
Roofing
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Real Estate: 1
Additional Features
Bath Common Area: 1
Fire Sprinkler: 1
Multi User Facility: 1
Foundation
Slab: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Allegan
Street #: 246
Street Name: Culver
Suffix: Street
State: MI
Zip Code: 49453
Area: Holland/Saugatuck - H
OfficeContract Info
Status: Sold
Current Price: $1,680,000
List Price: $1,795,000
Listing Date: 2023-04-14
Remarks Misc
Directions: Blue Star to Lake, turns into Culver. Corner Culver and Griffith
Property Features
Property Use: Vacant/Owner-User
Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Restaurant; Retail; Other
Ownership: LLC
Business Includes: Real Estate
Construction Type: Block; Frame/Wood
Exterior Material: Block; Wood Siding
Roofing: Rubber
Foundation: Slab
Below Grade: None
Additional Features: Bath Common Area; Fire Sprinkler; 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; High Speed Internet; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Street Type: Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Possession: Close Of Escrow
Survey ›
Listing Office:
Coldwell Banker Woodland Schmidt Saugatuck
Listing Agent:
Nico Leo
Last Updated: June - 05 - 2023
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