$1,225,000
Grandville, MI 49418
MLS# 22040136
Status: Sold
11 baths | 7691 sqft
|
1 / 124
Property Description
Here is an excellent opportunity to live, work and produce income in an amazing property that is ideally located. Three separate income producing properties currently being operated as a very successful 9 guest room Inn as well as a duplex with long term rental. The majority of the property has been recently updated and continues to be well maintained. The Inn has seen continual growth as it has successfully acclimated to changing times, yet significant growth potential remains. With all of the options this property offers, it definitely is worth taking a look.
Details
Maps
Location & Property Info
Cross Streets: Wilson & Fayette
Property Sub-Type: Business Opportunity
Area: Grand Rapids - G
Municipality: Grandville City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 181.9
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: 182 x 132
Road Frontage: 181
Mineral Rights: Unknown
Waterfront: No
Year Remodeled: 2022
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 3
# Fin Bldg Lvls: 3
Total SqFt: 7691
Total Net SqFt: 7691
Property Use Type: Business
School District: Grandville
Lot Measurement: Acres
Lot Acres: 0.57
Lot Square Footage: 24829
Year Built: 1916
Full Baths: 11
Total Baths: 11
Tax Info
Taxable Value: 195685
SEV: 378300
For Tax Year: 2021
Seller's Annual Property Tax: 8785
Tax Year: 2021
Homestead %: 63
Spec Assessment & Type: None Known
Zoning: Res Improved
Tax ID #: 41-17-18-283-013
Remarks & Misc
Legal: LOTS 237 & 244 *VILLAGE OF GRANDVILLE
Status Change Info
Sold Price/SqFt: 159.28
Under Contract Date: 2023-03-04
Sold Date: 2023-05-15
Sold Price: $1,225,000
Street Type
Paved: 1
Public: 1
Property Use
Business: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Other: 1
Construction Type
Frame/Wood: 1
Exterior Material
Brick: 1
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
Basement: 1
Full: 1
Walk-Out Access: 1
Heat Type
Baseboard: 1
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Furniture: 1
Licenses: 1
Real Estate: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Driveway
Concrete: 1
Docs Req Conf Agrmnt
Financials: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Unit 1
Unit Description: 3180 Washington
SqFt: 4075
Occupied: Yes
# HVAC: 2
# Baths: 8
Unit 2
Unit Description: 3168 Washington
SqFt: 1768
Occupied: Yes
Unit 3
Unit Description: 4075 Prairie
SqFt: 1848
Occupied: Yes
Possession
Negotiable: 1
Location Property Info
County: Kent
Street #: 3180
Street Name: Washington
Suffix: Avenue
Post Direction: SW
State: MI
Zip Code: 49418
Zip (4): 1236
OfficeContract Info
Status: Sold
Current Price: $1,225,000
List Price: $1,399,000
Listing Date: 2022-09-16
Remarks Misc
Directions: 196 to M11. South on Wilson. East on Prairie. North on Washington
Property Features
Property Use: Business
Uses: Other
Ownership: LLC
Business Includes: Furniture; Licenses; Real Estate
Construction Type: Frame/Wood
Exterior Material: Brick; Vinyl Siding
Roofing: Composition
Below Grade: Basement; Full; Walk-Out Access
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at St: Cable Available; Electricity Available; Natural Gas Available
Heat Source: Natural Gas
Heat Type: Baseboard; Forced Air
Air Conditioning: Central Air
Driveway: Concrete
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs Req Conf Agrmnt: Financials
Sale Conditions: None
Possession: Negotiable
Listing Office: Coldwell Banker Woodland Schmidt Saugatuck
Listing Agent: Gregory Smith
Last Updated: May - 19 - 2023
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.