$2,548,000
$2,799,999
9.0%For more information regarding the value of a property, please contact us for a free consultation.
11,391 SqFt
SOLD DATE : 04/01/2024
Key Details
Sold Price $2,548,000
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 11,391 sqft
Price per Sqft $223
MLS Listing ID 71023025877
Sold Date 04/01/24
Originating Board West Michigan Lakeshore Association of REALTORS®
Year Built 1872
Annual Tax Amount $24,036
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 47x125
Property Description
Welcome to 100 Washington, a truly iconic and historically significant commercial building in the heart of Grand Haven. Built in 1872 during the bustling shipping and rail port era, this magnificent property offers a wealth of possibilities for the discerning investor. The main level of the building features a vibrant bar/restaurant that includes two bar licenses and provides beer, wine, liquor, food, patio and take-out Liquor/Wine. With 11 apartment units situated on the upper two levels, this mixed-use space offers an additional avenue for generating steady cash flow. The prime location near the shores of Lake Michigan and downtown Grand Haven ensures a consistent flow of tourists and residents seeking an exceptional experience.Imagine the possibilities of a breathtaking rooftop bar/restaurant that showcases unparalleled scenic views of the Grand River, Lake Michigan, and the spectacular sights of fireworks and festivals. Such a sought-after feature would undoubtedly draw patrons seeking memorable experiences and unforgettable vistas. The property previously held a brewing license, presenting an exciting opportunity for brewing enthusiasts.
Steeped in history, 100 Washington has played host to esteemed organizations such as the Elks, Eagles, and Moose Lodge, each with their own notable contributions to the building's lore. Legend has it that during the prohibition era, the infamous Al Capone tunnels were rumored to be used within these hallowed walls.
Consider the immense potential of transforming this historical gem into a boutique hotel that captures the essence of Grand Haven's rich heritage. Alternatively, national chains or local breweries could seize the opportunity to occupy the expansive retail space and capitalize on the property's proven track record of successful sales within the bar/restaurant industry.
This property represents a rare opportunity to acquire a commercial property with a captivating history, unmatched location, and abundant potential. Whether you envision a boutique hotel, national
Location
State MI
County Ottawa
Area Grand Haven
Direction US-31 to Jackson St, E on Washington to building.
Interior
Heating Forced Air, Radiant, Central Air
Heat Source Natural Gas
Exterior
Waterfront no
Waterfront Description Lake/River Priv
Roof Type Rubber
Road Frontage Paved
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain
Water Public (Municipal), Water at Street
Structure Type Brick,Block/Concrete/Masonry,Stucco
Schools
School District Grand Haven
Others
Tax ID 700320408001
Acceptable Financing Cash, Conventional
Rebuilt Year 2015
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings
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Bought with Coldwell Banker Woodland Schmidt
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "