300 Washington Ave - Office FOR SALE


Grand Haven, MI 49417
$969,900 USD
616-502-1155
300 Washington Ave, Grand Haven, MI for Sale
$969,900 USD
Office - FOR SALE
1/15
null | Request Cap Rate

300 Washington Ave
Grand Haven, MI 49417


HIGHLIGHTS

  • Downtown corner location
  • Renovated in 2023 with new finishes and mechanicals
  • 5566 SF of total office space divided into 3 separate units
  • Large windows, private entries, open ceilings
  • Signage
  • Easy access and high visibility

OVERVIEW

This 5,566 SF investment opportunity is located in a landmark building at the center of downtown Grand Haven, just 3 blocks from the waterfront. Sitting on the corner of 3rd and Washington Avenue, this investment offering is a combination of three, ground-floor commercial units that have been completely renovated with new mechanical systems and finishes. Each commercial unit, ranging in size from 1200 SF to 2500 SF, has a private entrance and large windows that provide plentiful daylight throughout the spaces. Combined, the three units boast a total of 13 private offices, 2 conference rooms, a large open workspace that accommodates 16 stations, 3 kitchen/breakrooms and 4 ADA restrooms. The site is accessible from both Washington Avenue and 3rd Street with parking opportunities in the site lot, on-street parking and nearby public parking lot. Long-term tenant leases are in place with potential for future rate increases. Licensed Realtor owners would also consider selling units separately. Please note: This listing is only for the 3 commercial, ground floor units. Second and third floor residential condos are individually owned and not part of this sale offering.

FOR SALE DETAILS

PRICE

$969,900 USD

PRICE/SF

$162 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

Central Business

APN/PARCEL ID

70-03-20-444-009,70-03-20-444-010,70-03-20-444-011

ASK ABOUT THIS PROPERTY

David TenCateCapstoneMore Info
616-502-1155

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

David TenCateCapstoneMore Info
616-502-1155

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