1220 Phoenix StSouth Haven, MI 49090

Property Details for 1220 Phoenix St

Year built

1975

Lot size

4.06 AC

Property size (Sq ft)

47,389 SF

Zone code

B-4

Property type

Strip malls

Property subtype

Neighborhood centers

APN

80-53-620-054-00

APU

805362005400

Description

This exceptional retail property, known as Phoenix Square, presents a unique investment opportunity in the vibrant city of South Haven, Michigan. Located at 1220 & 60000 Phoenix Street, this multi-tenant commercial building boasts a substantial 47,415 square feet of leasable space. Currently, at least one unit is available for lease, making it ideal for businesses seeking expansion or new ventures in this thriving community. Situated in Van Buren County, the property benefits from excellent visibility and accessibility, ensuring high foot traffic and customer exposure. The building's design caters to a variety of retail uses, offering flexibility for potential tenants. The address provides convenient access to local amenities and major transportation routes, enhancing its appeal to both businesses and customers. This is a prime opportunity to establish or expand a retail presence in a desirable Michigan location. The property's size and multi-tenant configuration offer significant potential for long-term growth and profitability. Interested parties are encouraged to inquire about lease terms and available space. The property is classified as retail commercial and is located in the 49090 zip code. This is a rare opportunity to secure a prominent retail space in a bustling Michigan town.

• CAP approach

  CAP return

  Valuation

  6%

  $8,940,834

  6.5%

  $8,253,078

  7%

  $7,663,572

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,554,491

  Geo Method

  $15,554,491

• Alternative Use

  Use

  Valuation

  Residential

  $6,961,780

  Hospitality

  $6,376,952

  Educational

  $5,305,550

  Medical

  $5,488,016

  Retail

  $8,253,078

Location Insight

City

South Haven

County

Van Buren

State

Michigan

Latitude

42.4021

Longitude

-86.2564

CBSA code

28020

CBSA name

KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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.

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 unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].