$2,548,000
Grand Haven, MI 49417
MLS# 23025877
Status: Sold
11391 sqft
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Property Description
Welcome to 100 Washington, a truly iconic and historically significant commercial building in the heart of Grand Haven. Built in 1872 during the bustling shipping and rail port era, this magnificent property offers a wealth of possibilities for the discerning investor. The main level of the building features a vibrant bar/restaurant that includes two bar licenses and provides beer, wine, liquor, food, patio and take-out Liquor/Wine. With 11 apartment units situated on the upper two levels, this mixed-use space offers an additional avenue for generating steady cash flow. The prime location near the shores of Lake Michigan and downtown Grand Haven ensures a consistent flow of tourists and residents seeking an exceptional experience.
Details
Maps
Documents
Location Property Info
County: Ottawa
Street #: 100-102
Street Name: Washington
Suffix: Avenue
State: MI
Zip Code: 49417
Area: North Ottawa County - N
OfficeContract Info
Status: Sold
Current Price: $2,548,000
List Price: $2,799,999
Listing Date: 2023-07-20
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.13
Lot Square Footage: 5663
Lot Dimensions: 47x125
Year Built: 1872
Road Frontage: 172
Mineral Rights: Unknown
Year Remodeled: 2015
Total # Units: 12
# Fin Bldg Lvls: 3
Total # Bldgs: 1
Total SqFt: 11391
Full Baths: 13
Waterfront: No
Body of Water: Lake Michigan
School District: Grand Haven
Tax Info
Tax ID #: 70-03-20-408-001
Taxable Value: 410764
SEV: 765500
For Tax Year: 2023
Seller's Annual Property Tax: 24036
Tax Year: 2022
Spec Assessment & Type: None Known
Remarks Misc
Directions: US-31 to Jackson St, E on Washington to building.
Status Change Info
Under Contract Date: 2024-03-08
Sold Date: 2024-04-01
Sold Price: $2,548,000
Sold Price/SqFt: 223.69
Waterfront Options
Water Access Y/N: Yes
Property Features
Water Type: Lake
Uses: Bar/Tavern/Lounge; Restaurant; Other
Ownership: LLC
Business Includes: Equipment; Furniture; Inventory; Real Estate
Construction Type: Concrete
Exterior Material: Brick; Concrete; Stucco
Roofing: Rubber
Below Grade: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Storm Sewer
Heat Source: Natural Gas
Heat Type: Forced Air; Radiant
Air Conditioning: Central Air; Window Unit(s)
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Supplements
Imagine the possibilities of a breathtaking rooftop bar/restaurant that showcases unparalleled scenic views of the Grand River, Lake Michigan, and the spectacular sights of fireworks and festivals. Such a sought-after feature would undoubtedly draw patrons seeking memorable experiences and unforgettable vistas. The property previously held a brewing license, presenting an exciting opportunity for brewing enthusiasts.
Steeped in history, 100 Washington has played host to esteemed organizations such as the Elks, Eagles, and Moose Lodge, each with their own notable contributions to the building's lore. Legend has it that during the prohibition era, the infamous Al Capone tunnels were rumored to be used within these hallowed walls.
Consider the immense potential of transforming this historical gem into a boutique hotel that captures the essence of Grand Haven's rich heritage. Alternatively, national chains or local breweries could seize the opportunity to occupy the expansive retail space and capitalize on the property's proven track record of successful sales within the bar/restaurant industry.
This property represents a rare opportunity to acquire a commercial property with a captivating history, unmatched location, and abundant potential. Whether you envision a boutique hotel, national chain, local brewery, or a combination of uses, this remarkable space is primed to deliver exceptional returns on your investment. Don't miss out on this once-in-a-lifetime chance to own a piece of West Michigan's rich past.
GIS Listing Office: Coldwell Banker Woodland Schmidt
Listing Agent: Andrea Crossman
Last Updated: April - 03 - 2024
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