Mixed-Use Commercial in Spring Lake

Retail-Commercial for Sale
Catylist Listing ID: 30090721
Property Subtypes: Day Care Facility, Mixed Use, Restaurant, Retail-Pad, Street Retail, Other
Building Size (RSF): 9,000 SF
Gross Building Area: See Agent
Sale Price: $499,900
Unit Price: $55.54 PSF
Property Use Type: Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 8/23/2017

Overview / Comments

Newly zoned for mixed-use commercial with fast-track conditional twp approval, this versatile property features high-visibility, memorable character & plenty of parking! Formally a successful coffee shop & art gallery, existing special-use permits will allow these again, as well as music or soup/salad/sandwich. However, new mixed-use zoning opens the potential for such establishments as: restaurant/bar, limited retail, or recreation club - just to name a few! Property includes a number of different areas, including open main level with access to outdoor courtyard, complete with stamped concrete patio, trellis, gazebo and koi pond; an upper 3 BD, 1930 sq.ft. apartment, with dedicated entry, garage & laundry; and massive storage building with office area, bath & upper wrap-around balcony!

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Ottawa
Tax ID/APN: 700311419002
Zoning: MIXED-USE COMMERCIAL
Property Visibility: Excellent
Largest Nearby Street: N Fruitport Rd
Feet of Frontage: 260
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Property Condition: Good
Year Built: 1956
Roof Type: Other
Construction/Siding: Vinyl Siding
Total Parking Spaces: 35
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Baseboard
Lot Frontage: 260
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOT 56. AMENDED PLAT OF LOTS 13 THRU 17 & VAC PINE ST PLAT OF LINNVIEW

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,965 24,409 50,915
Median Age: 42.78 41.97 41.81
Households: 2,036 10,139 20,768

Contact

Photograph of Listing Agent

Jake Hogeboom

@Home Realty CARWM Member
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