For Sale
$4,287,781

1830-1879 172Nd Ave Grand Haven, MI 49417

High-traffic, 100% occupied retail center.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents South Village Plaza, a 31,034 square foot retail center located at 1830-1879 172nd Ave, Grand Haven, MI 49417 (Ottawa County). Built in 1996, this multi-tenant property sits on a 4.03-acre lot (APN 70-03-33-201-004) and boasts a 7.75% cap rate with a current NOI of $332,303. The property is currently 100% occupied with a diverse mix of national and local tenants, including Powerhouse Gym, Sherwin Williams, Nature's Envy, and Sweet Fire Tobacco (a recent new lease signing). Benefiting from a prime location in Grand Haven's commercial corridor, the center enjoys high visibility and traffic, shadowed by D&W Fresh Market and in close proximity to major retailers such as Meijer, Walmart, and Goodwill. This well-maintained property offers a strong operating history and presents a compelling investment opportunity in a thriving market. The asking price is $4,287,781. The lease type is modified.

Highlights

  • High-traffic tourist hub in Grand Haven, MI.
  • Strategic location in Grand Haven's commercial corridor, near major retailers.
  • Strong demographics in a thriving market.
  • Recently renovated, 100% occupied, 31,034 SF retail center with a 7.75% cap rate and $332,303 NOI; asking price $4,287,781.

Property Details for 1830-1879 172Nd Ave

Property type
Retail properties
Square Feet
31,034 SF
Year Built
1996
Lot Size (sq. ft)
175,547 SF

Location Insight

City
Grand Haven
County
Ottawa
State
Michigan
Latitude
43.0422193
Longitude
-86.2140232

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FAQs

What type of property is this?
Retail property - High-traffic, 100% occupied retail center.
Where is the retail property located?
The property is located at 1830-1879 172Nd Ave Grand Haven, MI.
What is the asking price?
The asking price for this property is $4,287,781.
What are key features of this property?
This property features: High-traffic tourist hub in Grand Haven, MI.; Strategic location in Grand Haven's commercial corridor, near major retailers.; Strong demographics in a thriving market.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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(248) 488-2620

Contacts

Eli Neuman
Eli Neuman
Daniel Kukes
Daniel Kukes
Max Lippitt
Max Lippitt
Jason Greenspan
Jason Greenspan
Visit Broker Website

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172Nd Ave
Grand Haven, MI 49417

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172Nd Ave
Grand Haven, MI 49417

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1830-1879 172Nd Ave
  • Eli Neuman
    Eli Neuman
  • Daniel Kukes
    Daniel Kukes
  • Max Lippitt
    Max Lippitt
  • Jason Greenspan
    Jason Greenspan
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