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938 W Center Street, Douglas, MI 49406 (MLS# 22023368)

$1,650,000
938 W Center Street
Douglas, MI 49406
MLS# 22023368
Status: Sold
8 baths  |  6845 sqft
938 W Center Street, Douglas, MI 49406
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Property Description
Opportunities are endless with this spectacular property. Located within earshot of Lake Michigan and Douglas Beach and just a stroll along the path to downtown Saugatuck/Douglas. Newly updated and well maintained, this income producing property has been operating successfully for years. Main home has 6 tasteful guest rooms, (all with private in-room bathrooms), common gathering spaces, expansive wrap around porch, and is currently operating as a Bed and Breakfast. The recently updated neighboring two bedroom cottage is part of the offering and provides the extra privacy guests seek. Both homes have access to the pool area located at the rear of the properties. This truly is a wonderful opportunity to explore your hospitality dreams or expand and create new guest experiences.

Details
Maps
Documents
Location & Property Info
County: Allegan
Street #: 938
Street Direction: W
Street Name: Center
Suffix: Street
State: MI
Zip Code: 49406
Zip (4): 5114
Cross Streets: Wildwood & Chestnut
Property Sub-Type: Business Opportunity
Area: Holland/Saugatuck - H
Municipality: Douglas Vllg
Office/Contract Info
Status: Sold
Current Price: $1,650,000
List Price: $1,950,000
Auction or For Sale: For Sale
List Price/SqFt: 284.88
Prop Avail for Lease?: Yes
Sub Agency Type: %
Buyer Agency: 2.5
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2022-06-11
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.5
Lot Square Footage: 21904
Lot Dimensions: 148 x 148
Year Built: 1930
Road Frontage: 148
Mineral Rights: Unknown
Total # Units: 8
# Fin Bldg Lvls: 6845
Total # Bldgs: 2
Total SqFt: 6845
Property Use Type: Business
Full Baths: 9
Total Baths: 8
Waterfront: No
School District: Saugatuck-Douglas
Tax Info
Tax ID #: 59-017-061-00
Taxable Value: 190614
SEV: 463400
For Tax Year: 2022
Annual Property Tax: 11151
Tax Year: 2021
Spec Assessment & Type: None Known
Zoning: R-2 RES
Remarks & Misc
Legal: As per title
Directions: Blue Star to Center. West to Address.
Status Change Info
Under Contract Date: 2023-04-14
Sold Date: 2023-09-29
Sold Price: $1,650,000
Sold Price/SqFt: 241.05
Waterfront Options
Water Access Y/N: No
Property Features
Property Use: Business
Water Fea. Amenities: Public Access 1 Mile or Less
Uses: Other
Ownership: LLC
Business Includes: Furniture; Licenses; Real Estate
Construction Type: Frame/Wood
Exterior Material: Aluminum Siding; Vinyl Siding
Roofing: Composition
Foundation: Block
Below Grade: Basement; Full
Sewer: Public
Water: Public
Utilities Attached: Cable; Electric; Natural Gas; Telephone
Util Avail at St: Cable; Electric; Natural Gas; Public Sewer; Public Water; Telephone
Heat Source: Natural Gas
Heat Type: 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

Listing Office: Coldwell Banker Woodland Schmidt Saugatuck

Listing Agent: Gregory Smith

Last Updated: October - 02 - 2023

938 W Center Street, Douglas, MI 49406 - MLS# 22023368
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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