246 Culver Street, Saugatuck, MI 49453 (MLS# 23012165)

246 Culver Street, Saugatuck, MI 49453

$1,680,000

Virtual Tour

https://www.propertypanorama.com/instaview/wmlar/23012165

Property Type: Commercial Sale Square Footage: 10,362 Lot Size (sq. ft.): 7,797 Status: Sold

Current Price: $1,680,000 List Date: 4/21/2023 Last Modified: 6/05/2023

Overview

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.

Listing Details MLS# 23012165

Location Property Info

County: Allegan
Street #: 246
Street Name: Culver
Suffix: Street
State: MI
Zip Code: 49453

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.18
Lot Square Footage: 7797
Lot Dimensions: 65 x 120
Year Built: 1905
Road Frontage: 185
Total # Units: 5
# Fin Bldg Lvls: 2
Total # Bldgs: Yes
Total SqFt: 10362
Full Baths: 3
Waterfront: No
School District: Saugatuck-Douglas

Tax Info

Tax ID #: 57-300-192-00
Taxable Value: 565877
SEV: 744000
For Tax Year: 2023
Seller's Annual Property Tax: 35974.57
Tax Year: 2022
Non-Conforming Use: No
Zoning: C1 -City Center

Remarks Misc

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

Status Change Info

Under Contract Date: 2023-04-26
Sold Date: 2023-05-31
Sold Price/SqFt: 162.13

More Information

Property Features

Property Use: Vacant/Owner-User Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Restaurant; Retail; Other Ownership: LLC Business Includes: Real Estate Construction Type: Block; Frame/Wood Exterior Material: Block; Wood Siding Roofing: Rubber Foundation: Slab Below Grade: None Additional Features: Bath Common Area; Fire Sprinkler; Multi User Facility 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; High Speed Internet; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Street Type: Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Possession: Close Of Escrow

Documents

Survey ›

Survey of building units for condo ›

property details ›

Listing Office: Coldwell Banker Woodland Schmidt Saugatuck

Listing Agent: Nico Leo

Last Updated: June - 05 - 2023

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