900 Lake Street, Saugatuck 49453

$975,000

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MLS#: 15037587
• For Sale

This property has been Sold!

11/24/2015 at $900,000

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248-304-6700

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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Wonderful location at the gateway to Saugatuck. Opportunities like this don't come all that often. Great potential with this 18 room Bed and Breakfast. Main building with 14 Guestrooms, commercial kitchen, massive common areas and 2 bedroom, 2 bath Owner's/Managers apartment. 3 separate 1 and 2 bedroom cottages as well as secluded guest suite located over detached garage. Expansive grounds with in ground pool, pond and gardens that are ideal for weddings and garden receptions. Property is furnished and with some attention, this property has massive potential. And, at this price, it's a great opportunity to bring it back to what it can be. Sale includes 3 parcels (035701600600, 0357016006100, 035701600800) and is being sold ''as is''.

Property Information    

Status
Sold 
Address
900 Lake Street 
City
Saugatuck 
Zip
49453 
Year Built
1865 
County
Allegan 
Possession
At Close 
Price/SqFt
88.64 

School Information

School District
Saugatuck-Douglas 

Taxes

Features

Total No. of Units
18.00 
Current Use
Hotel/Motel 
Zoning
R-Resort Dist C 
Sub Property Type
Business Opportunity 
Cooling
Central, Window Unit 
Heating
Forced Air, Natural Gas 

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Listing Courtesy of Coldwell Banker Woodland Schmidt Saugatuck
Office Address 2987 Blue Star Hwy Po Box 2717
Listing Agent Gregory Smith