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:
$2,250,000
List Date:
9/20/2017
Last Modified:
10/28/2021
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.
More Information MLS# 17047850
Location & Property Info
Cross Streets: Veterans and 73rd
Property Sub-Type: Retail
Area: Southwestern Michigan - S
Municipality: South Haven City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 77.79
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: 503 x 356 x 353 x 474
Road Frontage: 827
Waterfront: No
Year Remodeled: 0
Total # Units: 6
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 28925
School District: South Haven
Lot Measurement: Acres
Lot Acres: 4.28
Lot Square Footage: 186436
Year Built: 2002
Full Baths: 1
Tax Info
Taxable Value: 629700
SEV: 629700
For Tax Year: 2017
Seller's Annual Property Tax: 36303.07
Tax Year: 2016
Homestead %: 0
Spec Assessment & Type: n/a
Zoning: Commercial
Tax ID #: 80-53-869-002-40
Remarks & Misc
Legal: C902F 1&2-1-17 1038-243 1088-374 1180-465 1360-142,143 1364-147 1365-764 BEG AT SE COR OF SEC 2, TH S 88 DEG 04'22''W AL
Status Change Info
Sold Price/SqFt: 75.19
Under Contract Date: 2018-07-02
Sold Date: 2018-10-10
Sold Price: $2,175,000
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Retail: 1
Construction Type
Steel: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Business Includes
Real Estate: 1
Util Avail at St
Electricity Available: 1
Storm Sewer: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Location Property Info
County: Van Buren
Street #: 1675
Street Name: Phoenix Street
State: MI
Zip Code: 49090
OfficeContract Info
Status: Sold
Current Price: $2,175,000
List Price: $2,250,000
Listing Date: 2017-09-20
Remarks Misc
Directions: I-196 to exit 20 for downtown South Haven. east one block to address.
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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