Mixed Use Riverfront Redevelopment Opportunity

Vacant Land for Sale
Also listed as Multi-Family, Hospitality
Catylist Listing ID: 30359693
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Vacation/Resort, Other
Gross Land Area: 3.50 - 4.10 Acres
Sale Price: $459,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Purchase Money Mortgage, Other
Cap Rate: Undisclosed
Last Updated: 11/23/2020

Overview / Comments

Former Baker Furniture site, mixed-use, multi-story building. This turn-of-the-century concrete block factory building is located within the historic Mill District near the city riverfront, which is undergoing major development. Originally developed as a center for milling, woodworking, and papermaking using waterpower from the Kalamazoo River, this waterfront property is an ideal site for mixed-use, ecologically friendly redevelopment. Recent public and private investment in the nearby riverfront plaza, library, and streetscape are creating a retail, dining, and entertainment destination within walking distance.

Additional Details

Nearest MSA: Holland
County: Allegan
Tax ID/APN: 51-205-058-00
Zoning: C-1
Property Visibility: Excellent
Airports: Padgham Field - 1.4 miles, Gerald R. Ford International Airport - 29.7 miles
Zoning Description: C-1 Commercial
Part of Planned Development?: Yes
In Flood Plain?: Yes
Topography: Level
Easements: Electric Lines, Utilities
Available Utilities: Electric, Water, Gas, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,068 9,959 13,133
Median Age: 34.89 38.85 39.98
Households: 1,700 3,923 5,102
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