294 Center Street

Retail-Commercial for Sale
Catylist Listing ID: 30526159
Property Subtypes: Free-Standing Building, Restaurant, Other
Building Size (RSF): 3,790 SF
Gross Land Area: 1 Acre
Sale Price: $1,900,000
Unit Price: $501.32 PSF
Ceiling: 12 ft.
Property Use Type: Investment, Business
Building Name: The Kirby Hotel
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

First time on the market; this prized hotel/restaurant is a premium opportunity within the Greater West Michigan Market. The home retains a 19th century feel and creates a high-end experience for both clients and new investor. As a boutique Hotel and Restaurant opportunity, the site is open to the public from February through December and also has a beautiful sun-deck and pool area for clients to relax and enjoy. This purchase comes with full FF&E and liquor license. Subject to Sellers credit use and approval.

Additional Details

Nearest MSA: Holland
County: Allegan
Taxing Authority: Village of Douglas
Tax ID/APN: 59-016-035-00
Zoning: C-1
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1890
Construction/Siding: Wood Frame
Exterior Description: Wood
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 866 5,101 6,125
Median Age: 55.84 49.79 48.85
Households: 474 2,434 2,833

Contact

Photograph of Listing Agent

Joe Rizqallah

Signature Associates
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.