Riverfront Redevelopment Opportunity

Retail-Commercial for Sale
Also listed as Hospitality, Multi-Family
Catylist Listing ID: 30359693
Property Subtypes: Mixed Use, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 60,000 SF
Gross Building Area: See Agent
Gross Land Area: 3.50 - 4.10 Acres
Sale Price: $750,000
Unit Price: $12.50 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage, Build-to-Suit, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 3/19/2019

Overview / Comments

Former Baker Furniture and Imperial Carving Industrial building zoned C-1 is perfect for hotel, event center, apartments, or wide variety of mixed use opportunities. Situated along the Kalamazoo River, this property has unlimited potential to be a destination for tourists, residents, and business.

Additional Details

Nearest MSA: Holland
County: Allegan
Tax ID/APN: 51-205-058-00
Zoning: C-1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Airports: Padgham Field - 1.4 miles, Gerald R. Ford International Airport - 29.7 miles
Tenancy: Multiple Tenants
Total Number of Buildings: 5
Number of Stories: 3
Freight Elevators: 1
Zoning Description: C-1 Commercial
Part of Planned Development?: Yes
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities

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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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