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311 Broadway St 3,160 SF Retail Building South Haven, MI 49090 $890,000 ($281.65/SF)



INVESTMENT HIGHLIGHTS
- Upgraded with new electrical, plumbing, roof, tuck-pointing, and garage door.
- Excellent location for retail/service in a busy tourist area
- 7,703 vehicles per day in 2022 representing a 15.87% increase since 2020
- Includes profitable, established scooter rental business with strong cash flow.
- Sale offers both real estate and turnkey business for immediate income and growth.
EXECUTIVE SUMMARY
Discover an exceptional investment and turnkey scooter and golf cart rental business opportunity at 311 Broadway Street, South Haven. This expansive 3,200 SF freestanding masonry building sits prominently on one of South Haven’s main commercial corridors, offering outstanding visibility to over 7,700 vehicles per day and easy access for customers. Extensively updated, the property boasts a new 200-amp electrical service, modern plumbing with an additional bathroom, a new garage door, recent tuck-pointing, and a new roof with a lifetime warranty—ensuring years of low-maintenance ownership.
Currently home to the highly profitable South Haven Scooter Rental, this business enjoys a stellar reputation and consistent seasonal cash flow, with a proven three-year average SDE and strong local brand recognition. The sale includes both the real estate and the established business, allowing a new owner to step into a thriving operation in a vibrant tourist destination. With its prime location, significant building upgrades, and turnkey business model, 311 Broadway Street is perfectly positioned for continued success and future growth in the heart of South Haven’s bustling retail district.
Currently home to the highly profitable South Haven Scooter Rental, this business enjoys a stellar reputation and consistent seasonal cash flow, with a proven three-year average SDE and strong local brand recognition. The sale includes both the real estate and the established business, allowing a new owner to step into a thriving operation in a vibrant tourist destination. With its prime location, significant building upgrades, and turnkey business model, 311 Broadway Street is perfectly positioned for continued success and future growth in the heart of South Haven’s bustling retail district.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,160 SF
Building Class
C
Year Built
1932
Price
$890,000
Price Per SF
$281.65
Tenancy
Single
Building Height
1 Story
Building FAR
0.52
Lot Size
0.14 AC
Zoning
Industrial - Industrial
Frontage
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (73)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 80-53-502-004-50 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $46,600 |
PROPERTY TAXES
Parcel Number
80-53-502-004-50
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$46,600
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