Commercial/Retail Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30042457
Property Subtypes: Street Retail
Building Size (RSF): 3,550 SF
Gross Land Area: 5,808 SF
Sale Price: $874,000
Unit Price: $246.20 PSF
Property Use Type: Investment, Business
Building Name: Santo Stefano
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2017

Overview / Comments

PREMIER DOWNTOWN GRAND HAVEN LOCATION! Located just off Harbor Drive in the 1st block of Washington Ave next to The Waterfront Stadium and famous Boardwalk. Offering includes the real estate and established retail business with gourmet foods, chocolates, select wines, beers and unique gift ware, along with full service espresso and gelato bars. Beautifully decorated store with custom cabinetry and display cases imported from Italy. Ample parking with full city lot across the street and rear. Investors and Developers take note that this is 2 commercial condominiums that has been opened up as one. Potential to be 2 separate store fronts with remodeling.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Ottawa
Tax ID/APN: 700320413001 & 700320413002
Retail Clientele: General, Family, Traveler, Tourist
Property Located Between: First block of Washington off Harbor Dr
Largest Nearby Street: Harbor
Feet of Frontage: 44
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Excellent
Year Built: 2005
Roof Type: Other
Heat Type: Electricity
Legal Description: UNITS 1&2. 12 WASHINGTON CENTER CONDOMINIUM, MASTER DEED RECORDED IN OTTAWA COUNTY REGISTER OF DEEDS LIBER 4766 PAGE 20

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,755 28,754 41,575
Median Age: 41.79 43.07 41.99
Households: 2,125 12,278 17,044

Contact

Photograph of Listing Agent

Joel Genzink

RE/MAX Lakeshore
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