$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
Maps
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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