1675 Phoenix Street, South Haven, MI 49090

$2,175,000

Property Type: Commercial Sale Square Footage: 28,925 Lot Size (sq. ft.): 186,436 Status: Sold

Current Price: $2,175,000 List Date: 9/20/2017 Last Modified: 10/28/2021

Overview

Description

Excellent Retail Investment opportunity in South Haven, Michigan. This 28,925 SF fully leased Retail Strip is on 4.28 Acres of land. Strategically located in a high traffic count intersection, just off I-196. Great tenant mix with six (6) retails stores. 9% cap rate conservatively underwritten.

Listing Details MLS# 17047850

Location Property Info

County: Van Buren
Street #: 1675
Street Name: Phoenix Street
State: MI
Zip Code: 49090

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 4.28
Lot Square Footage: 186436
Lot Dimensions: 503 x 356 x 353 x 474
Year Built: 2002
Road Frontage: 827
Total # Units: 6
# Fin Bldg Lvls: Yes
Total # Bldgs: Yes
Total SqFt: 28925
Full Baths: Yes
Waterfront: No
School District: South Haven

Tax Info

Tax ID #: 80-53-869-002-40
Taxable Value: 629700
SEV: 629700
For Tax Year: 2017
Seller's Annual Property Tax: 36303.07
Tax Year: 2016
Spec Assessment & Type: n/a
Zoning: Commercial

Remarks Misc

Directions: I-196 to exit 20 for downtown South Haven. east one block to address.

Status Change Info

Under Contract Date: 2018-07-02
Sold Date: 2018-10-10
Sold Price/SqFt: 75.19

More Information

Property Features

Uses: Retail Business Includes: Real Estate Construction Type: Steel Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: Electricity Available; Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Purchase Terms Avail: Cash; Conventional Sale Conditions: None

Documents

Listing Flyer ›

Listing Office: Colliers International Holland

Listing Agent: Matthew D Wickstra

Last Updated: October - 28 - 2021

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