405 Park Street, Saugatuck, MI 49453 (MLS# 20041661)

405 Park Street, Saugatuck, MI 49453

$1,680,000
Property Type: Commercial Sale Square Footage: 5,700 Lot Size (sq. ft.): 30,492 Status: Sold
Current Price: $1,680,000 List Date: 10/05/2020 Last Modified: 11/25/2022

Overview

Description

REDEVELOPMENT OPPORTUNITY. 300 feet of Prime Saugatuck Waterfront property zoned for a hotel, condominiums, resort, apartments, restaurant, marina (14 slips) 3 single family waterfront homes, etc. Property is located at the transition between Lake Kalamazoo and the Kalamazoo River directly across from Downtown Saugatuck and only steps from the Chain Ferry. This .7 acre site offers stunning 180-degree views of the river and town. Agent Only Remarks: Property being sold in 'AS IS' condition, value is in the land.

Listing Details MLS# 20041661

Location Property Info

County
Allegan
Street #
405
Street Name
Park
Suffix
Street
State
MI
Zip Code
49453

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.7
Lot Square Footage
30492
Lot Dimensions
302 x irregular
Year Built
2020
Road Frontage
302
Total # Units
8
# Fin Bldg Lvls
3
Total # Bldgs
Yes
Total SqFt
5700
Full Baths
7
Waterfront
Yes
Body of Water
Kalamazoo River
School District
Saugatuck-Douglas

Tax Info

Tax ID #
5755002500
Taxable Value
228332
SEV
575400
For Tax Year
2019
Seller's Annual Property Tax
13088
Tax Year
2019
Spec Assessment & Type
None known

Remarks Misc

Directions
Blue Star Hwy. to Center St. west to Ferry, north to Park St. to address. (Ferry merges to Park St.)

Status Change Info

Under Contract Date
2021-03-20
Sold Date
2021-05-11
Sold Price/SqFt
294.74

More Information

Additional Details

# Loading Docks/Well
14

Waterfront Options

Water Access Y/N
Yes
Water Frontage
300

Property Features

Property Use: Business Water Type: Lake; River Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Recreation; Restaurant; Other Ownership: Other Business Includes: Real Estate Construction Type: Frame/Wood Exterior Material: Wood Siding Roofing: Composition Below Grade: Walk-Out Access Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas 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 Driveway: Unpaved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Possession: Close Of Escrow

Documents

IDX
Listing Office: Coldwell Banker Woodland Schmidt Saugatuck
Listing Agent: Nico Leo
Source MLS Verified
Last Updated: November - 25 - 2022
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.
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