BUILDING For Saleimages1.loopnet.com/d2/kl_ZcWpkpQ7I2oufEz-DwqRkMwJ... · Terms:Cash/Conventional...
Transcript of BUILDING For Saleimages1.loopnet.com/d2/kl_ZcWpkpQ7I2oufEz-DwqRkMwJ... · Terms:Cash/Conventional...
BUILDING
For Sale
111 East Main AvenueZeeland, MI 49464
TOM POSTMADIR 616 355 3145MOB 616 283 [email protected]
COLLIERS INTERNATIONAL44 East 8th Street, Suite 510Holland, MI 49423+1 616 394 4500www.colliers.com
111 East Main Avenue, Zeeland, MI
p.2
Sale Information
Sale Price: $392,000
Sale Price/SF: $86.92
Building SF: 4,510
Possession: At Close
Terms: Cash/Conventional
Assessed Value (2018): $73,600
Taxable Value (2018): $69,079
Taxing Authority: City of Zeeland
Building downtown Zeeland for sale. Current restaurant tenant is Fuzzy Peach and there are currently tenants renting the apartment on the 2nd floor.
p.3
General Building Information
Total Building SF: 4,510
Residential SF: 2,100
Retail SF: 2,410
Parcel Number: 70-17-18-357-023
Acreage|Lot Size: 0.057
Lot Dimensions: 20 x 125
Frontage: 20
Year Built: 1910
Levels: 2
Zoning: Neigborhood Shopping District C-1
Taxing Authority: City of Zeeland
Basement: Small basement storage (approx. 500 SF).
* Listing agent must be present at showing with 24 hour notice
* Apartment cannot be seen until accepted offer subject to walk through of apartments.
Rent:Main floor - $830 per month plus utilities
1 bedroom apartment - $750 per month through May 31, 2019
2 bedroom apartment - $1,300 per month through October 31,
2019
Fuzzy Peach lease: runs through 12/31/19. They have 1-3 year
option to renew with a 2% annual increase.
111 East Main Avenue, Zeeland, MI
N
10.09.13EXISTING DW
GS
111 MAIN AVE
X:\074001-13_111 MAIN\PLAN.DW
G
A101
MAIN FLOOR
074001-13
EXISTING BLDG10/9/2013
SHEET:
DATEFOR
CONTENT:
ISSUED:
CLIENT:
PROJECT:
N
FLOO
R P
LAN
p.4
Building Plan
p.5
1 Bed Apartment: Photos
Bedroom Bath Living Room
KitchenLiving room area next to Kitchen
111 East Main Avenue, Zeeland, MI
p.6
2 Bed Apartment: Photos
Master Bedroom Living Room
Kitchen 2nd Bedroom
p.7
Closet & Access to Bathroom Closet Spot for Desk
Bedroom Bathroom
2 Bed Apartment: Master Room Photos
Hallway to Kitchen & Bedroom
111 East Main Avenue, Zeeland, MI
p.8
Location Maps
Directions to Property: West on I-196, take exit 55 towards Zeeland, continue on Main Avenue, the building is located Downtown Zeeland between N
Church St. and N Elm St.
Building Location: Downtown Zeeland
Proximity To: US-131: 23 miles I-96: 27 miles M-6: 12 miles I-196: 4 miles
Grand Rapids Airport: 30 miles
Visit this website to find out more about the area:http://cityofzeeland.com/329/Feel-the-Zeel
E Main AveE Main Ave
E Cherry StE Cherry St
E Washington AveE Washington Ave
N Elm St
S Elm St
N Church St
N State StS State St
N Centennial St
111 East Main Ave
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Aerial Map
p.10
E Riley St
N State St
E Washington Ave
N Fairview St
E Central Ave
E Lincoln Ave
W M
ain Ave
E Roosevelt Ave
E Main Ave
S State St
84th Ave
96th Ave
S Taft St
W H
uizenga Ave
S Park St
N Centennial St
S Wall St
W C
entral Ave
S Maple St
W W
ashington Ave
Parkside Dr
W A
lice Ave
N Jefferson St
WB
I-196 Business
S Division St
E Rich A
ve
N Elm St
EB I-196 B
usiness
W R
oyal Park Dr
S Elm St
S Sanford St
S 101st St
S Pine St
S Fairview St
N Colonial St
N Ottawa St
Cooperation D
r
S Lee St
W R
oosevelt Ave
W M
cKinley Ave
W G
ordon Ave
S Church St
N Michigan St
Perry St
N Woodward St
E Cherry A
ve
S Peck St
S 100th St
S Jefferson St
S Centennial St
Park Ln
W G
arfield Ave
E Harrison A
ve
W C
herry Ave
Case Karsten Dr
W O
ak St
N Carlton St
Arbor Ave
Scott Dr
Madison C
t
E Garfield A
ve
S Lindy St
W Law
rence Ave
Paw Paw Dr
SZeeland
Pkwy
Interlaken Ct
E Plainfield Ct
N Maple St
W W
illiams St
3r dC
restwood
St
S Goodrich St
N Church St
W A
lpine Ave
Sewer Plant Rd
Innovation Dr
S Woodlawn St
W M
adison Ave
S 103rd St
N Franklin St
Princeton Ct
E McK
inley Ave
104th Ave
S Woodlawn Ct
W Valley D
r
Molen Dr
6th Crestw
ood StW
Hillview
Dr
7t hC
restwoo d
St
Cherry C
t
N Division St
New Castle Dr
1stCrestwood
St
E Plainfield Ave
Sycamore Ln
King
Ct
Allied Ct
Mulder Dr
W R
oyal Ct
S Westenbroek St
Brickyard Ln
William
Ct
S Winterhalder Dr
2ndCrestwoodSt
Centerstone Ct
Riverbend Ct
5th Crestwood St
8th Crestw
ood St
Majestic C
t
92nd Ave
N Church St
S 101st St
S Jefferson St
N Colonial St
W Law
rence Ave
E Main Ave
S 100th St
N Centennial St
Perry St
96th Ave
W G
arfield Ave
W Law
rence Ave
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City of Zeeland
1 inch = 350 feet
01,100
2,2003,300
4,400550
Feet
Zoning M
ap
© Copyright 2006, O
ttawa County
This map has been developed through the
Ottaw
a County Geographic Inform
ation Systemand as such is the property of O
ttawa County.
Any duplication is restricted under the Copyright
laws, the O
ttawa County Policy on Enhanced
Access to Public Records and A
ct 462 of thePublic A
cts of 1996, as amended.
GIS
Ottaw
a County IT12220 Fillm
ore St, Ste 320W
est Olive, M
I 49460
Phone (616)-738-4600Fax (616)-738-4610http://gis.m
iottawa.org
Zeeland Township
Holland Tow
nship
Holland Tow
nship
Zeeland Township
W M
ain Ave
E Washington Ave
E Main Ave
W W
ashington Ave
N Elm St
N State St
W M
cKinley Ave
N Jefferson St
E Cherry A
ve
N Centennial St
E Harrison A
ve
W C
herry Ave
S Lee St
S Taft St
N Carlton St
S Pine St
S Elm St
S State St
S Lindy St
S Park St
S Wall St
N Maple StS Maple St
N Colonial St
N Church St
W A
lpine Ave
S Jefferson St
S Church St
N Franklin St
E McK
inley Ave
S Sanford St
S Division St
S Centennial St
Cherry C
t
N Division St
N Ottawa St
Sycamore Ln
N Michigan St
N Woodward St
SW
interhalderDr
N Colonial St
E Main Ave
N Church St
300
127
398
400
480
399
397
471
105
460
455
470
479
126
100
458
102 357
101201
481
351
456
355
353
356
354
459
128
352
130
203
457
478
131
226
103132
227
202
454
477
228
476
461
S State St
EB I-196 B
usinessW
B I-196 B
usiness
3rdC
r estwood
St
Sewer Plant Rd
6th Crestw
ood St
2ndCrestwoodSt
280
296
151
400
200
290
Alcohol D
istrictO
n Prem
ises
On and O
ff Premises
Path: S:\Local_Unit_Projects\Z
eeland City\Z
oning\zcZoningW
ithAlcohol36x48_outsidezoning_03092015.m
xd
LegendRight of W
ayZoningZoning C
lass and Code
Agricultural (A-1)
Central B
usiness District (C
-2)
Highw
ay Com
mercial D
istrict (C-3)
Industrial (I-1)
Industrial (I-2)
Neighborhood S
hopping District (C
-1)
Office/P
ersonal Service (O
S-1)
Public Facilities District (P
F)
Single Family R
esidential (R-1)
Single and Two Fam
ily Residential (R
-2)
Two Fam
ily and Multiple Fam
ily Residential (R
-3)
Washington Avenue M
ixed-Use (W
MU
)D
ate: 01/07/2015
Zoning Map
p.11
Zoning Information
p.12
p.13
COLLIERS INTERNATIONAL44 East 8th Street, Suite 510Holland, MI 49423+1 616 394 4500www.colliers.com
West Michigan Overview
West Michigan is home to over 1.5 million people and encompasses the seven counties of Kent, Ottawa, Muskegon, Allegan, Ionia, Barry, and Newaygo. Throughout history, the area has been known primarily for its diverse manufacturing base and highly skilled labor. As the area progresses into the 21st century, health care has emerged as the major economic driver. The region is also known for a burgeoning food and beverage industry, as well as cultural events such as ArtPrize, which every year attracts artists and art fans from all over the world.
Within the past few years, over $1.25 billion has been invested in real estate in the downtown Grand Rapids area alone. Some of the major corporations in West Michigan include Spectrum Health, Meijer, Mercy Health, Amway, Gentex, and Perrigo. In fact, more than 130 international companies call West Michigan home. The largest institute of higher learning is Grand Valley State University, with more than 25,000 students and 3,000 employees.
The lower-than-average cost of living, close proximity to the scenic shores of Lake Michigan, and abundance of amenities create a vibrant and productive environment. Building on its strong traditions of entrepreneurism, innovation, community involvement, family orientation and a famous work ethicWest Michigan is thriving.
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#7 Best state to make a living- Forbes
#1 Most improved state for business- CNBC
#2 Best US city to start a business- Wallethub
#3 MSA in the nation for economic development- Area Development Magazine
#13 Best place to live in the USA- U.S. News & World Report
#18 city most likely to prosper in the next decade- Forbes
#4 smartest city in America- Forbes
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