246 Culver Street, Saugatuck, MI 49453 (MLS# 19036986)

246 Culver Street, Saugatuck, MI 49453

$1,300,000

Virtual Tour

https://www.propertypanorama.com/instaview/wmlar/19036986

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

Current Price: $1,300,000 List Date: 8/02/2019 Last Modified: 1/06/2023

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 (4,707sf) along with 2 retail spaces (approx. 1,000sf each), courtyard, 4 bedroom apartment (2,124sf) and office and storage space (1,500sf). Great investment opportunity well below market rate. The building could be split into condo units if Buyer desires.

Listing Details MLS# 19036986

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: 65x120
Year Built: 1905
Road Frontage: 185
Mineral Rights: Unknown
Total # Units: 5
# Fin Bldg Lvls: 2
Total # Bldgs: Yes
Total SqFt: 10362
Full Baths: 8
Waterfront: No
School District: Saugatuck-Douglas

Tax Info

Tax ID #: 035730019200
Taxable Value: 370790
SEV: 381400
For Tax Year: 2019
Seller's Annual Property Tax: 21255
Tax Year: 2019
Spec Assessment & Type: None

Remarks Misc

Directions: Blue Star to Lake St (turns into Culver) corner of Culver and Griffith

Status Change Info

Under Contract Date: 2020-09-01
Sold Date: 2020-11-12
Sold Price/SqFt: 125.46

More Information

Property Features

Uses: Bar/Tavern/Lounge; Restaurant; Retail; Storage; Other Ownership: Other Business Includes: Equipment; Furniture; Real Estate Construction Type: Block Roofing: Rubber Below Grade: None Additional Features: Barrier Free; 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; Natural Gas Available; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Purchase Terms Avail: Cash; Conventional Sale Conditions: REO/Bank Owned Possession: Close Of Escrow

Documents

Sellers Disclosure ›

Lead ›

survey ›

details of building ›

survey of building units ›

short history of the building ›

Listing Office: Coldwell Banker Woodland Schmidt Saugatuck

Listing Agent: Nico Leo

Last Updated: January - 06 - 2023

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