938 W Center Street, Douglas, MI 49406 (MLS# 22023368)

938 W Center Street, Douglas, MI 49406

$1,650,000
Property Type: Commercial Sale Baths: 8 Square Footage: 6,845 Lot Size (sq. ft.): 21,904 Status: Sold
Current Price: $1,650,000 List Date: 6/11/2022 Last Modified: 10/02/2023

Overview

Description

Opportunities are endless with this spectacular property. Located within earshot of Lake Michigan and Douglas Beach and just a stroll along the path to downtown Saugatuck/Douglas. Newly updated and well maintained, this income producing property has been operating successfully for years. Main home has 6 tasteful guest rooms, (all with private in-room bathrooms), common gathering spaces, expansive wrap around porch, and is currently operating as a Bed and Breakfast. The recently updated neighboring two bedroom cottage is part of the offering and provides the extra privacy guests seek. Both homes have access to the pool area located at the rear of the properties. This truly is a wonderful opportunity to explore your hospitality dreams or expand and create new guest experiences.

Listing Details MLS# 22023368

Location Property Info

County
Allegan
Street #
938
Street Direction
W
Street Name
Center
Suffix
Street
State
MI
Zip Code
49406
Zip (4)
5114

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.5
Lot Square Footage
21904
Lot Dimensions
148 x 148
Year Built
1930
Road Frontage
148
Mineral Rights
Unknown
Total # Units
8
# Fin Bldg Lvls
6845
Total # Bldgs
2
Total SqFt
6845
Property Use Type
Business
Full Baths
9
Total Baths
8
Waterfront
No
School District
Saugatuck-Douglas

Tax Info

Tax ID #
59-017-061-00
Taxable Value
190614
SEV
463400
For Tax Year
2022
Seller's Annual Property Tax
11151
Tax Year
2021
Spec Assessment & Type
None Known
Zoning
R-2 RES

Remarks Misc

Directions
Blue Star to Center. West to Address.

Status Change Info

Under Contract Date
2023-04-14
Sold Date
2023-09-29
Sold Price/SqFt
241.05

More Information

Waterfront Options

Water Access Y/N
No

Property Features

Property Use: Business Uses: Other Ownership: LLC Business Includes: Furniture; Licenses; Real Estate Construction Type: Frame/Wood Exterior Material: Aluminum Siding; Vinyl Siding Roofing: Composition Foundation: Block Below Grade: Basement; Full 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; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: 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

Documents

IDX
Listing Office: Coldwell Banker Woodland Schmidt Saugatuck
Listing Agent: Gregory Smith
Source MLS Verified
Last Updated: October - 02 - 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.
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