Address
1430 Fulton Street, Grand Haven, MI
Price
$ 295,000
Property Attributes
- MLS#23030181
- TypeCommercial
- CountyOTTAWA
- CityGrand Haven
- AreaGrand Haven City
- NeighborhoodGrand Haven City
- Zip49417
- StyleBusiness
- Year Built1940
- Taxes$ 2647
- Price$ 295,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Lot Size6,098 SqFt
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Turn-key meal preparation and catering business plus real estate for sale in Grand Haven. Founded in 2017 and quickly grown from the ground up to provide meals and catering to local families and organizations, this operation is ready for new ownership to continue growth and expansion. Based in a 1,150 SF well-maintained building just east of US-31, Lake Effect Kitchen offers a variety of services, including contracted meal preparation for individual households and catering for mainstay events and large organizations. Their full-service kitchen and well-equipped food truck support their efforts and allow for continued growth of the business. Well supported and integrated into the Grand Haven community, this business would be an excellent addition to an existing operation to rapidly expand or serve as a great opportunity for someone looking to dive into the catering world with much of the headaches of a startup resolved. Real estate is included in the sale price. Food truck is available for sale separately. Asking Price: $360,000 including Real Estate Revenue: $485,625 Cash Flow: $100,485 Valuation Multiple: 2.38x (SDE) Real Estate Value: $160,000
| Price History | |
|---|---|
| 8/16/2023 | Listed $360,000 |
| 3/20/2024 | 19% - $295,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Cooling | Central Air |
| Utilities | Phone Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Cable Available,Natural Gas Connected,Electric Connected |
| Year Built | 1940 |
| Township | Grand Haven City |
| Property SubType | Business |
| Tax Year | 2023 |
| Business Type | Other,Professional/Office,Professional Service,Restaurant,Bar/Tavern/Lounge,Retail |
| Business Name | Lake Effect Kitchen |
| County | Ottawa |
| New Construction | No |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Status | Active |
| Directions | US-31 to Fulton Avenue East |
| City | Grand Haven |
| High School District | Grand Haven |
| Total Units | 1 |
| MLS Area | North Ottawa County - N |
| Lot Size Square Feet | 6309.0 |
| Waterfront Y/N | No |
| Street Name | Fulton |
| Land Lease Y/N | No |
| Tax Annual Amount | 2647.0 |
| Lease Renewal Y/N | No |
| MLS Area Minor | North Ottawa County - N |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/wmlar/23030181 |
| Days on Market | 273 |
| Standard Status | Active |
| Occupancy Description | Owner |
| Tax Assessed Value | 50264 |
| Ownership Type | LLC |
| MobileHomeRemainsYN | No |
| Legal Description | LOT 5 CORLS ADD |
| Senior Community | None |
Interior Features
| Total Fireplaces | 1 |
|---|---|
| Total Stories | 2 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Full Baths | 1 |
| Street Suffix | Street |
| Electric On Property Y/N | No |
| Total Baths | 1 |
Exterior Features
| Parking Features | Paved |
|---|---|
| Water Source | Public |
| Inclusions | {u'Equipment': True,u'Real Estate': True,u'Furniture': True} |
| Lot Size Area | 0.14 |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 1150.0 |
| Lot Dimensions | 50x125 |
| Lot Size Acres | 0.14 |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 49417
Price
Taxes
Visits
Year Built
Walkscore
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update May 19, 2024 4:26 PM UTC
Water Wonderland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
