$1,700,000
Lowell, MI 49331
MLS# 23133544
16542 sqft
1 / 14
Property Description
Seize the opportunity to develop an exquisite waterfront community, offering up to 18 condos/apartments (Phase II) and five townhomes (Phase III), in a prime location. Phase I environmental assessments are completed, ensuring eco-friendly practices, while the serene waterfront setting promises an unparalleled lifestyle. This visionary investment offers the perfect blend of natural beauty and small-town convenience, making it a haven for residents and a promising venture for savvy investors. Phase I of the Riverview Flats development which included 15 waterfront condos has been completed.
Details
Maps
Location & Property Info
County: Kent
Street #: 219
Street Name: High
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49331
Cross Streets: High St & Monroe
Property Sub-Type: Retail/Commercial
Area: Grand Rapids - G
Municipality: Lowell City
Principal Road: Yes
Ownership Type: Private Owned
Office/Contract Info
Status: Active
Current Price: $1,700,000
List Price: $1,700,000
Auction or For Sale: For Sale
List Price/SqFt: 102.77
Prop Avail for Lease?: No
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2023-09-11
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.76
Lot Square Footage: 33106
Lot Dimensions: irregular - see attached info sheet
Year Built: 1950
Road Frontage: 430
Total # Units: 1
# Fin Bldg Lvls: 2
Total # Bldgs: 1
Total SqFt: 16542
Waterfront: No
School District: Lowell
Tax Info
Tax ID #: 41-20-02-260-008
Taxable Value: 160344
SEV: 171100
For Tax Year: 2022
Annual Property Tax: 10680.54
Tax Year: 2022
Spec Assessment & Type: buyer to verify
Zoning: RES-IMP
Remarks & Misc
Legal: lengthy legal, see attached sheet
Directions: Take Fulton/M-21 to Lowell from Grand Rapids, cross river, take first left onto N Monroe, building is at the corner of High St and Monroe, vacant lot is at corner of Monroe and King (parcels are kiddie-corner to each other)
Property Features
Uses: Other
Ownership: LLC
Business Includes: Real Estate
Construction Type: Concrete; Other
Exterior Material: Brick
Sewer: Public
Water: Public
Utilities Attached: Electric
Util Avail at St: Electric; Natural Gas; Public Sewer; Public Water; Storm Sewer
Heat Source: Natural Gas
Heat Type: Baseboard
Street Type: Paved; Public
Purchase Terms Avail: Cash; Other
Sale Conditions: None
Listing Office: EXP Realty (Grand Rapids)
Listing Agent: Mark VanderWal
Last Updated: March - 11 - 2024
The listing broker’s offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.
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.