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787 Lake Street, 11, Saugatuck, MI 49453 (MLS# 20028141)

$650,000
787 Lake Street, 11
Saugatuck, MI 49453
MLS# 20028141
Status: Sold
7 baths  |  4303 sqft
787 Lake Street, 11, Saugatuck, MI 49453
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Property Description
Waterfront investment property! Quaint and well maintained Bed and Breakfast walking distance to downtown. Sale includes the business and rentals along with the two outer most docks F and G. Each bedroom has it's own private bath. The property is part of the Shady Acres waterfront association. Guests will love the benefits of an association pool and grounds. The main floor consists of two suites, each with a full bath and fireplace, an inn-keeper suite, kitchen and office. There's a cozy living area, sunny front porch and dining area for guests to enjoy. Upstairs, you'll find four more spacious suites, each with a private bath and fireplace. The basement area has plenty of storage for linens and cleaning supplies with a large laundry area for the Inn. Also see residential MLS# 20028128.

Details
Maps
Documents
Location & Property Info
County: Allegan
Street #: 787
Street Name: Lake
Suffix: Street
Unit #: 11
State: MI
Zip Code: 49453
Cross Streets: Bridge & Blue Star Hwy
Property Sub-Type: Business Opportunity
Area: Holland/Saugatuck - H
Municipality: Saugatuck City
Office/Contract Info
Status: Sold
Current Price: $650,000
List Price: $795,000
Auction or For Sale: For Sale
List Price/SqFt: 184.75
Prop Avail for Lease?: Yes
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2020-07-17
Current Bldg Use: Bed and Breakfast
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Dimensions: Condo
Year Built: 1920
Total # Units: 5
# Fin Bldg Lvls: 4303
Total # Bldgs: 1
Total SqFt: 4303
Full Baths: 7
Total Baths: 7
Waterfront: Yes
Body of Water: Kalamazoo Lake
School District: Saugatuck-Douglas
Tax Info
Tax ID #: 035787501100
Taxable Value: 186306
SEV: 214800
For Tax Year: 2020
Annual Property Tax: 10557
Tax Year: 2019
Spec Assessment & Type: None known
Zoning: R-ResortDist C4
Remarks & Misc
Legal: UNIT 11 OF SHADY SHORES CONDOMINIUMS TOGETHER WITH BOAT SLIP ''G'' AS A LIMITED COMMON ELEMENT ALSO INCL. BOAT SLIPS F &
Directions: Blue Star Hwy to Lake St, N to address on the left.
Status Change Info
Under Contract Date: 2021-02-02
Sold Date: 2021-03-26
Sold Price: $650,000
Sold Price/SqFt: 151.06
SqFt Information
Total Bldg Other SqF: 3660
Waterfront Options
Water Frontage: 1
Property Features
Property Use: Investment
Water Type: Lake
Water Fea. Amenities: All Sports; Shared Frontage
Uses: Other
Business Includes: Furniture; Inventory; Real Estate
Construction Type: Frame/Wood
Exterior Material: Vinyl Siding
Roofing: Composition
Sewer: Public
Water: Public
Utilities Attached: Cable; Natural Gas
Util Avail at St: Electric; Natural Gas; Public Sewer; Public Water
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Driveway: Shared Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs Req Conf Agrmnt: Financials
Sale Conditions: None

Listing Office: CENTURY 21 Affiliated

Listing Agent: Tammy Kerr

Last Updated: November - 26 - 2022

787 Lake Street, 11, Saugatuck, MI 49453 - MLS# 20028141
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.

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