$1,300,000
Saugatuck, MI 49453
MLS# 19036986
Status: Sold
10362 sqft
1 / 39
Property Description
Iconic 1905 Reeds Livery Building in a prime Saugatuck location with beautiful water views. The building is the location of the former Toulouse Restaurant (4,707sf) along with 2 retail spaces (approx. 1,000sf each), courtyard, 4 bedroom apartment (2,124sf) and office and storage space (1,500sf). Great investment opportunity well below market rate. The building could be split into condo units if Buyer desires.
Details
Documents
Location & Property Info
Cross Streets: Culver & Griffith
Property Sub-Type: Business Opportunity
Area: Holland/Saugatuck - H
Municipality: Saugatuck City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 144.66
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: 65x120
Road Frontage: 185
Mineral Rights: Unknown
Waterfront: No
Total # Units: 5
Total # Bldgs: 1
# Fin Bldg Lvls: 2
Total SqFt: 10362
School District: Saugatuck-Douglas
Lot Measurement: Acres
Lot Acres: 0.18
Lot Square Footage: 7797
Year Built: 1905
Full Baths: 8
Tax Info
Taxable Value: 370790
SEV: 381400
For Tax Year: 2019
Seller's Annual Property Tax: 21255
Tax Year: 2019
Homestead %: 0
Spec Assessment & Type: None
Tax ID #: 035730019200
Remarks & Misc
Legal: LOT 186 EX W 2 FT ALSO EX N 12 FT ALSO THE N 12 FT OF THE E 65 FT OF
Status Change Info
Sold Price/SqFt: 125.46
Under Contract Date: 2020-09-01
Sold Date: 2020-11-12
Sold Price: $1,300,000
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Bar/Tavern/Lounge: 1
Restaurant: 1
Retail: 1
Storage: 1
Other: 1
Construction Type
Block: 1
Roofing
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
REO/Bank Owned: 1
Ownership
Other: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Equipment: 1
Furniture: 1
Real Estate: 1
Additional Features
Barrier Free: 1
Multi User Facility: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Allegan
Street #: 246
Street Name: Culver
Suffix: Street
State: MI
Zip Code: 49453
OfficeContract Info
Status: Sold
Current Price: $1,300,000
List Price: $1,499,000
Listing Date: 2019-08-02
Remarks Misc
Directions: Blue Star to Lake St (turns into Culver) corner of Culver and Griffith
Property Features
Uses: Bar/Tavern/Lounge; Restaurant; Retail; Storage; Other
Ownership: Other
Business Includes: Equipment; Furniture; Real Estate
Construction Type: Block
Roofing: Rubber
Below Grade: None
Additional Features: Barrier Free; Multi User Facility
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
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Purchase Terms Avail: Cash; Conventional
Sale Conditions: REO/Bank Owned
Possession: Close Of Escrow
Sellers Disclosure 
survey of building units 
Listing Office: Coldwell Banker Woodland Schmidt Saugatuck
Listing Agent: Nico Leo
Last Updated: January - 06 - 2023
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