310 Blue Star Highway Douglas, MI ^$ 2,395,000

310 Blue Star Highway

^$ 2,395,000

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310 Blue Star Highway

Douglas, MI, 49406

^$ 2,395,000

Studio Baths0.0 Sq 9,000

Monthly Estimate*

^$ 16,730

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Studio

Commercial Property for sale in Douglas, MI

for $2,395,000. This 9,000 square foot building was built in 1955 on a lot size of 1.13.

Located in the resort community of Saugatuck/Douglas, this year-round, fully operational 6,971 sf specialty market sitting on the BlueStar Highway Corridor has over 6,000 s.f. of outdoor entertainingspace, along with two successful short-term rental units upstairs(1,886 sf), all completely renovated and expanded in 2020. The saleprice includes 3 liquor licenses and all business-related equipment,including imported Italian display cases, kitchen equipment, eventspace and outdoor seating and AV equipment, mobile pizza oven,apartment furnishings and so much more!

Commercial Active

Price

^$ 2,395,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 22,009

Style

Commercial/Industrial

Lot Size

1.13

Year Built

1955

Town/City

Douglas

County/Region

Allegan

MLS | Web ID

70333600

Features

General

Heating Forced Air

Possession At Close

Roof Rubber

Water Public Water

Status Active Active

Year Built 1955

Parking 21+ Spaces

County Allegan

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Douglas

Subdivision MI

Commercial Features Cable Internet Installed Cable TV Available Electric Available Furniture Gas Available Telephone

Area Douglas (03029)

Primary City Douglas

Virtual Tour https://www.propertypanorama.com/instaview/wmlar/23136544

Directions Blue Star Highway at Wiley Road

City Douglas

Street Name Blue Star

Financial Terms Cash Conventional

Legal Description PARTIAL: COM AT SE COR OF SEC TH W 300' TH N 164' TH E 300' TH S 164' TO POB SEC 17 T3N

DOM 288

Postal Code 49406

Price Per Sq Ft 266.11

Coming Soon Located in the resort community of Saugatuck/Douglas this year-round fully operational 6 971 sf specialty market sitting on the BlueStar Highway Corridor has over 6

Exterior

Exterior Block Brick Concrete Frame Stone Wood

Frontage 164

Lot Size Area 1.13

Lot Dimensions 464 x 300

Roads City/County

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Nico Leo

Listing Agent

Coldwell Banker Woodland Schmidt Saugatuck

Broker

nico.leo@cbgreatlakes.com

Affordability Calculator

$18,564

Per Month

Monthly Principal & Interest: $16,730
Monthly Property Taxes: $1,834
Monthly Home Insurance: --

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Down Payment

Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Douglas, MI

Average List Price ^$2,395,000

Percent of Sale Price 0%

About Douglas, MI

1,202 Population

3% Since 2002

^$62,628 Median Income

57.85 Median Age

13% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/1/2024	$2,395,000	-12.91%	Price Down
2/20/2024	$2,750,000	-8.18%	Price Down
10/2/2023	$2,995,000		Listed Price

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310 Blue Star Highway, Douglas, MI, 49406 is a Commercial Property for sale at $2,395,000 with 9,000 sqft and a lot size of 1.13. 310 Blue Star Highway is a studio with 0.0 baths and was built in 1955. The property's zip code is 49406 which is in Douglas, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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310 Blue Star Highway

Commercial Property for sale in Douglas, MI

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