971 W Savidge Street, Spring Lake, MI 49456 | MLS #26012089 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of Core Realty Partners LLC- MLS# 26012089MLS Provider

971 W Savidge StreetSpring Lake, MI 49456

Commercial · 3 Full Baths · 6,766 Sq. ft. | 2.24 Acres
$2,850,000 Active

971 W Savidge Street Overview

Time on Site:
95 days
Visits:
5

High-profile, premier waterfront restaurant/bar opportunity in Spring Lake, MI. The 7,000 SF is turn-key with a full kitchen and bar, indoor seating capacity of 260 with an expansive, 150-seat outdoor deck area overlooking the Grand River channel leading to the main-body of Spring Lake. The 2+ acre site provides 90+ parking spaces and is situated at the west end of the primary commercial corridor (M-104/Savidge Street) in the Village of Spring Lake. The existing building was constructed in 1997 and is the original location of Ole' Boys Brewhouse, which operated successfully here for 25 years. The premises includes a Resort Class-C liquor license and Brew Pub license. Take advantage of this prime location with neighboring properties consisting of three marinas, as well as residential condominium hospitality developments. The Spring Lake-Grand Haven area experiences a huge tourism influx which offers immediate potential to accommodate the upcoming summer season.

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971 W Savidge Street Facts & Features

  • Type Commercial
  • Sq. ft. 6,766
  • Price/Sq.ft. $421
  • Lot 2.24 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1997

Location/Region

  • County Or Parish: Ottawa

Tax Information

  • Tax Annual Amount: 41893.05

General Information

  • Parcel Number: 70-03-16-476-018
  • Property Sub Type: Retail
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Total: 3

Building Interior

  • Building Area Total: 6766.0

General Information

  • Interior Features: Broadband
  • Stories Total: 1

Exterior

Lot Information

  • Lot Size Acres: 2.24
  • Lot Size Area: 2.24
  • Lot Size Dimensions: 445x117x157x45x130x185x24x106x40x21x170
  • Lot Size Square Feet: 97574.0
  • Lot Size Units: Acres

Waterfront/View

  • Water Body Name: Spring Lake
  • Waterfront: Yes

Building Exterior/Construction

  • Construction Materials: Brick,Stone

General Information

  • Number Of Units Total: 1
  • Utilities: Phone Available,Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Storm Sewer

971 W Savidge Street Neighborhood

Community

49456 (SPRING LAKE) Demographics

47
Median Age
584
Population Density (per sq. mile)
55%
College Educated
$63,734
Estimated Median Income
7,082
Estimated Total Home Owners
1,660
Estimated Total Renters
81% / 19%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

971 W Savidge Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

971 W Savidge Street Market Data

Based on the last 30 days in this zip code

$770,663
Average List Price
$332
Average Price per Square Foot
37
Properties Sold
85
Average Days on Market
248
Properties for Sale
Calculations provided by Reliance Network