118 N 3rd St - Office FOR SALE


Grand Haven, MI 49417
$595,000 USD
231-740-1512
118 N 3rd St, Grand Haven, MI for Sale
$595,000 USD
Office - FOR SALE
1/25
null | Request Cap Rate

NEW


118 N 3rd St
Grand Haven, MI 49417


HIGHLIGHTS

  • Vaulted ceilings with exposed beams
  • Kitchenette with solid-surface counters
  • Three private offices across main level and mezzanine
  • Modern lighting and finishes
  • NNN lease with national tenant; owner-user termination option
  • Premier location in Downtown Grand Haven’s walkable CBD

OVERVIEW

Offered at $595,000, with additional upside supported by a buildable parcel and private on-site parking—rare amenities in Downtown Grand Haven. Property Overview This offering includes three contiguous parcels in the heart of Downtown Grand Haven’s Central Business District (CB zoning): Fully renovated commercial building Buildable landscaped lot with stamped concrete patio Private 7-space parking lot Building Details The 1-story commercial building with mezzanine was originally constructed in 1926 and fully renovated in and 2020. The space totals 1,752 SF (1,227 SF main level + 525 SF mezzanine) and features: Open workspace Three private offices Conference room Kitchenette with solid-surface countertops LVT and carpet tile flooring Exposed wood beams Barrier-free restroom Mechanical systems, roof, windows, electrical, and HVAC were all updated in 2020. Buildable Middle Parcel The center parcel is improved with a stamped concrete patio, beach grass, and professional landscaping, offering immediate outdoor usability for meetings, client gatherings, or tenant enjoyment. This parcel is fully buildable under CB zoning and allows for potential mixed-use, residential, office, retail, or expansion of the existing building. CB zoning allows construction up to the district’s permitted height limits (buyer to verify). Private Parking Lot The third parcel includes a 7-space paved parking lot with access from Fulton Avenue—an extremely rare and valuable amenity in downtown Grand Haven. Lease Details The property is currently leased at $2,300/month NNN, and the tenant signed a 3-year lease. Buyer may assume the lease or take occupancy, as the lease includes a 60-day termination option for an owner-occupant.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$340 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,508 SF

ZONING

CB Central Business

APN/PARCEL ID

70-03-20-430-001

ASK ABOUT THIS PROPERTY

Marc BairdMDB, LLCMore Info
231-740-1512

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Marc BairdMDB, LLCMore Info
231-740-1512

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