Olive Shore Ave VL - South Lot

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30524215
Property Subtypes: Multi-Family, Residential (Single Family)
Status: Pending
Gross Land Area: 5.60 Acres
Sale Price: $1,195,000
Unit Price: $213,392 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/21/2019

Overview / Comments

200’ of LOW bluff frontage on Lake Michigan. Incredible opportunity to have a home site with a great view and easy access to the water. Two parcels combined for a total of 5.6 acres. Could also be a small development with new township ordinance allowing less than 1 acre lots. Easily have 6 buildable sites with a common access point to the beach. Great for a large extended family retreat. Additional neighboring land can also be purchased to the north for a total of 13 acres and another 90’ of frontage. All available land could have aprox. 15 home sites. Access off of Olive Shore Ave. or Olive Trail.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Ottawa
Taxing Authority: Port Sheldon
Tax ID/APN: 70-11-09-300-053 & -054
Zoning: LSR, RESIDENTIAL/DEVELOPMENT OPP
Property Located Between: Holland & Grand Haven
Legal Description: (Parcel 1) PART OF SW 1/4 COM S 1/4 COR, TH N 02D 22M 12S W 600 FT & W 50.04 FT TO PT OF BEG, TH N 02D 22M 12S W 100 FT, W 1257 FT M/L TO LAKE MICHIGAN, TH S'LY 100 FT M/L ALG LAKE TO INTERS WITH A LI W OF BEG, TH E 1268 FT M/L TO BEG. SEC 9 T6N R16W (Parcel 2) PART OF SW 1/4 COM S 1/4 COR, TH N 02D 22M 12S W 500 FT & W 50.04 FT TO PT OF BEG, TH N 02D 22M 12S W 100 FT, W 1268 FT M/L TO LAKE MICHIGAN, TH S'LY 100 FT M/L ALG LAKE TO INTERS WITH A LI W OF BEG, TH E 1275 FT TO BEG. SEC 9 T6N R16W
Largest Nearby Street: Lakeshore Drive
Feet of Frontage: 200
Lot Frontage: 200
Lot Depth: 1200
Zoning Description: LSR
Soil Type: Sandy

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,022 3,213 9,374
Median Age: 47.71 47.18 37.1
Households: 410 1,249 3,230
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