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300 Washington Ave 6,000 SF 100% Leased Office Building Grand Haven, MI 49417 $969,900 ($161.65/SF)



INVESTMENT HIGHLIGHTS
- Downtown corner location
- 5566 SF of total office space divided into 3 separate units
- Signage
- Renovated in 2023 with new finishes and mechanicals
- Large windows, private entries, open ceilings
- Easy access and high visibility
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
6,000 SF
Building Class
B
Year Built
1920
Price
$969,900
Price Per SF
$161.65
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,000 SF
Slab To Slab
10’
Building FAR
0.12
Lot Size
1.11 AC
Zoning
Central Business
Parking
58 Spaces (9.67 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $620,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$620,100
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300 Washington Ave
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