116 S Jackson St - Storefront Retail/Residential FOR SALE


Spring Lake, MI 49456
$950,000 USD
231-375-8033
116 S Jackson St, Spring Lake, MI for Sale
$950,000 USD
Storefront Retail/Residential - FOR SALE
1/10
null | Request Cap Rate

116 S Jackson St
Spring Lake, MI 49456


OVERVIEW

Iconic building/property situated in the epicenter of the Village of Spring Lake. Built in 1919, the building has been completely renovated. In the early 2000's the upper floor (2,400 SF) was converted for residential use featuring high-end finishes throughout. The main level was renovated for use as an entertainment venue featuring beautiful original brick walls and wood finishes. The lower level includes storage, cooler, and equipment areas associated with the entertainment venue and approximately 700 SF of the lower level has recently been built-out as professional office space. The property is situated in a very desirable location and offers an excellent opportunity for the creative entrepreneur. The seller recently secured a Class C liquor license, which could be available to buyer.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

Commercial

APN/PARCEL ID

70-03-15-382-012

ASK ABOUT THIS PROPERTY

Bryan BenchCore Realty PartnersMore Info
231-375-8033

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Bryan BenchCore Realty PartnersMore Info
231-375-8033

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.