8467 W. Silver Lake

Retail-Commercial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30150850
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Service Station/Gas Station, Street Retail, Other
Building Size (RSF): 6,088 SF
Gross Building Area: See Agent
Gross Land Area: 36,000 SF
Sale Price: $729,000
Unit Price: $119.74 PSF
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/19/2017

Overview / Comments

Golden opportunity to own this two story mixed-use building located in one of Michigan's best summer tourist towns located in the heart of Silver Lake, adjacent to Golden Township Park. Silver Lake is well known for its beaches and huge dunes. Tourists come from all over to ride their big boy toys in the sand. This property offers a two-story building with an attached two car garage, 2,176 SF main floor retail and an upper 2,112 SF living quarters with an amazing view of Silver Lake, and 1,800 SF pole barn and four rental camping sites with water, sewer, electric, cable, and WiFi hook up. Owner is retiring. Don't miss your opportunity to live your dream on this prime retail property.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $6,458 (Annual)
Tax Value Improvements $181,000
Assessed Value - Total($) $181,000 (Annual)

Additional Details

Nearest MSA: Muskegon
County: Oceana
Taxing Authority: Golden Township
Tax ID/APN: 00618203700
Zoning: 201 COMMERCIAL
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Property Located Between: W. Hazel & N. Shore
Feet of Frontage: 120
Tenancy: Single Tenant
Roof Type: Arched
Construction/Siding: Wood Frame
Exterior Description: Vinyl
Parking Type: Structure
Heat Type: Natural Gas
Zoning Description: 201 Commercial
Lot Frontage: 120
Lot Depth: 300
Water Service: Well
Sewer Type: Septic

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,742 2,850
Median Age: 51.37 50.28
Households: 781 1,241
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