$2,175,000
South Haven, MI 49090
MLS# 17047850
Status: Sold
28925 sqft
1 / 2
Property Description
Excellent Retail Investment opportunity in South Haven, Michigan. This 28,925 SF fully leased Retail Strip is on 4.28 Acres of land. Strategically located in a high traffic count intersection, just off I-196. Great tenant mix with six (6) retails stores. 9% cap rate conservatively underwritten.
Details
Maps
Documents
Location Property Info
County: Van Buren
Street #: 1675
Street Name: Phoenix Street
State: MI
Zip Code: 49090
Area: Southwestern Michigan - S
OfficeContract Info
Status: Sold
Current Price: $2,175,000
List Price: $2,250,000
Listing Date: 2017-09-20
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 4.28
Lot Square Footage: 186436
Lot Dimensions: 503 x 356 x 353 x 474
Year Built: 2002
Road Frontage: 827
Total # Units: 6
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 28925
Full Baths: 1
Waterfront: No
School District: South Haven
Tax Info
Tax ID #: 80-53-869-002-40
Taxable Value: 629700
SEV: 629700
For Tax Year: 2017
Seller's Annual Property Tax: 36303.07
Tax Year: 2016
Spec Assessment & Type: n/a
Zoning: Commercial
Remarks Misc
Directions: I-196 to exit 20 for downtown South Haven. east one block to address.
Status Change Info
Under Contract Date: 2018-07-02
Sold Date: 2018-10-10
Sold Price: $2,175,000
Sold Price/SqFt: 75.19
Property Features
Uses: Retail
Business Includes: Real Estate
Construction Type: Steel
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at St: Electricity Available; Storm Sewer
Heat Source: Natural Gas
Heat Type: Forced Air
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Listing Flyer Listing Office: Colliers International Holland
Listing Agent: Matthew Wickstra
Last Updated: October - 28 - 2021
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
