Saugatuck, MI 49453,246 Culver Street

$1,680,000

Est. payment /mo

$1,795,000

6.4%
Est.Price: ?

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246 Culver Street Saugatuck, MI 49453

10,362 SqFt

SOLD DATE : 05/31/2023

Key Details

Sold Price $1,680,000

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Sold

Purchase Type For Sale

Square Footage 10,362 sqft

Price per Sqft $162

MLS Listing ID 71023012165

Sold Date 05/31/23

Originating Board West Michigan Lakeshore Association of REALTORS®

Year Built 1905

Annual Tax Amount $35,974

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 65 x 120

Property 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.

Location

State MI

County Allegan

Area Saugatuck

Zoning Commercial

Direction Blue Star to Lake, turns into Culver. Corner Culver and Griffith

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Utilities Available Fire Sprinkler

Roof Type Rubber

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Structure Type Block/Concrete/Masonry,Frame,Wood

Schools

School District Saugatuck

Others

Tax ID 5730019200

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings

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Realcomp MLS
Listed by Nico Leo of Coldwell Banker Woodland Schmidt Saugatuck
Bought with Coldwell Banker Woodland Schmidt Saugatuck

Craig Ward

Agent | License ID: 382487

+1(248) 217-1905

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