3180 Washington Avenue SW, Grandville, MI 49418

$1,225,000
Property Type: Commercial Sale Baths: 11 Square Footage: 7,691 Lot Size (sq. ft.): 24,829 Status: Sold
Current Price: $1,399,000 List Date: 9/16/2022 Last Modified: 5/19/2023

Overview

Description

Here is an excellent opportunity to live, work and produce income in an amazing property that is ideally located. Three separate income producing properties currently being operated as a very successful 9 guest room Inn as well as a duplex with long term rental. The majority of the property has been recently updated and continues to be well maintained. The Inn has seen continual growth as it has successfully acclimated to changing times, yet significant growth potential remains. With all of the options this property offers, it definitely is worth taking a look.

Listing Details MLS# 22040136

Location Property Info

County
Kent
Street #
3180
Street Name
Washington
Suffix
Avenue
Post Direction
SW
State
MI
Zip Code
49418
Zip (4)
1236

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.57
Lot Square Footage
24829
Lot Dimensions
182 x 132
Year Built
1916
Road Frontage
181
Mineral Rights
Unknown
Year Remodeled
2022
Total # Units
3
# Fin Bldg Lvls
3
# of Diff Unit Floor Plans
3
Total # Bldgs
3
Total SqFt
7691
Total Net SqFt
7691
Property Use Type
Business
Full Baths
11
Total Baths
11
Waterfront
No
School District
Grandville

Tax Info

Tax ID #
41-17-18-283-013
Taxable Value
195685
SEV
378300
For Tax Year
2021
Seller's Annual Property Tax
8785
Tax Year
2021
Homestead %
63
Spec Assessment & Type
None Known
Zoning
Res Improved

Remarks Misc

Directions
196 to M11. South on Wilson. East on Prairie. North on Washington

Status Change Info

Under Contract Date
2023-03-04
Sold Date
2023-05-15
Sold Price/SqFt
159.28

More Information

Unit 1

Unit Description
3180 Washington
SqFt
4075
Occupied
Yes
# HVAC
2
# Baths
8

Unit 2

Unit Description
3168 Washington
SqFt
1768
Occupied
Yes

Unit 3

Unit Description
4075 Prairie
SqFt
1848
Occupied
Yes

Location & Property Info

Cross Streets
Wilson & Fayette
Property Sub-Type
Business Opportunity
Area
Grand Rapids - G
Municipality
Grandville City

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
181.9
Prop Avail for Lease?
No

Remarks & Misc

Legal
LOTS 237 & 244 *VILLAGE OF GRANDVILLE

Street Type

Paved
Yes
Public
Yes

Property Use

Business
Yes

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Other
Yes

Construction Type

Frame/Wood
Yes

Exterior Material

Brick
Yes
Vinyl Siding
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Ownership

LLC
Yes

Below Grade

Basement
Yes
Full
Yes
Walk-Out Access
Yes

Heat Type

Baseboard
Yes
Forced Air
Yes

Air Conditioning

Central Air
Yes

Business Includes

Furniture
Yes
Licenses
Yes
Real Estate
Yes

Util Avail at St

Cable Available
Yes
Electricity Available
Yes
Natural Gas Available
Yes

Driveway

Concrete
Yes

Docs Req Conf Agrmnt

Financials
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes

Possession

Negotiable
Yes

Property Features

Property Use: Business Uses: Other Ownership: LLC Business Includes: Furniture; Licenses; Real Estate Construction Type: Frame/Wood Exterior Material: Brick; Vinyl Siding Roofing: Composition Below Grade: Basement; Full; Walk-Out Access Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available Heat Source: Natural Gas Heat Type: Baseboard; Forced Air Air Conditioning: Central Air Driveway: Concrete Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs Req Conf Agrmnt: Financials Sale Conditions: None Possession: Negotiable
Listing Office: Coldwell Banker Woodland Schmidt Saugatuck
Listing Agent: Gregory Smith
IDX
Last Updated: May - 19 - 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.