100 Washington AveGrand Haven, MI 49417

Property Details for 100 Washington Ave

Year built

1872

Lot size

0.14 AC

Property size (Sq ft)

11,931 SF

Property type

Turn key restaurants

APN

70-03-20-408-001

APU

700320408001

Description

This exceptional restaurant opportunity is located at 100 Washington Ave, Grand Haven, MI 49417, situated on the highly visible corner of Washington Avenue and First Street. The property offers a single-tenant space totaling 1 square foot, perfectly suited for a unique culinary concept. The Central Business District zoning (APN 70-03-20-408-001, Ottawa County) allows for a variety of restaurant uses. Benefit from the exceptional foot traffic and visibility afforded by this prime location, surrounded by a thriving mix of restaurants, breweries, and shops. The property's proximity to the Grand Haven waterfront ensures a constant stream of potential customers. This iconic location offers a vibrant atmosphere and a highly sought-after opportunity to establish a successful restaurant business in a bustling and desirable area. The property is currently vacant, presenting a blank canvas for a creative entrepreneur. This is a rare chance to secure a space in a highly coveted area of Grand Haven.

• CAP approach

  CAP return

  Valuation

  6%

  $3,203,295

  6.5%

  $2,956,888

  7%

  $2,745,682

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,916,112

  Geo Method

  $3,916,112

• Alternative Use

  Use

  Valuation

  Residential

  $2,494,246

  Hospitality

  $2,284,716

  Educational

  $1,900,856

  Medical

  $1,966,230

  Retail

  $2,956,888

Location Insight

City

Grand Haven

County

Ottawa

State

Michigan

Latitude

43.0641

Longitude

-86.2326

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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