251 Center Street, South Haven, MI 49090
Overview
Description
Supplements: ... (Read more) Property may qualify for South Haven DDA financial incentives subject to Buyer verification with City. All leases are Gross, plus utilities. All lease terms run through 2019, except for Johnny's Lakeshore Jewelry, which runs through June 2021. Renewal terms to remain flexible. Real Property Taxes for 2017/2018 were approx. $43,000. Current in-place Gross Income, before expenses, is budgeted at approx. $120,000 for 2018. Additional historical financial information will be provided with executed Purchase Agreement. Sale may be subject to Court approval. Property includes 251-269 Center Street, 505 Phoenix Street and 508 Quaker Street. All information contained herein is subject to Buyer's verification. Property to be sold in "As is" "Where is" condition with all faults. Possession subject to Tenants' rights.
Listing Details MLS# 15032579
Location Property Info
- County
- Van Buren
- Street #
- 251
- Street Name
- Center
- Suffix
- Street
- State
- MI
- Zip Code
- 49090
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 0.64
- Lot Square Footage
- 27791
- Lot Dimensions
- Irregular
- Year Built
- 1900
- Road Frontage
- Yes
- Total # Units
- Yes
- # Fin Bldg Lvls
- 2
- Total # Bldgs
- 16
- Total SqFt
- 30509
- Total Net SqFt
- 30509
- Property Use Type
- Investment
- Waterfront
- No
- School District
- South Haven
Tax Info
- Tax ID #
- 805377000400
- Taxable Value
- 670324
- SEV
- 755700
- For Tax Year
- 2018
- Seller's Annual Property Tax
- 42796
- Tax Year
- 2017
- Spec Assessment & Type
- None known
- Non-Conforming Use
- No
- Zoning
- CBD
Remarks Misc
- Directions
- East side of Center Street between Quaker Street & Phoenix Street
Status Change Info
- Under Contract Date
- 2018-12-21
- Sold Date
- 2019-05-01
- Sold Price/SqFt
- 42.61
More Information
Property Features


