VL Lake Street
Saugatuck, MI 49453

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Description

Welcome to the last truly vacant, buildable lot on Lake Street in downtown Saugatuck! This exceptional property offers the rare opportunity to build your dream year-round residence or summer getaway in the heart of Saugatuck. Perfectly positioned just steps from Saugatuck's vibrant downtown, you will enjoy easy access to charming shops, art galleries, amazing restaurants, the Center for the Arts, and the award-winning Oval Beach. Investment Short-Term Rental (STR) Income Opportunity: Located in the highly desirable, uncapped rental license zone (R-2), this lot offers extraordinary potential for short-term rental income -making it a savvy investment as well as a beautiful place to call home. Don't miss the chance to secure your place in Saugatuck's most sought settings

Features

• Property Type: Residential Lots & Land
• Sub Type: Unimproved Land
• Listing Status: Active
• County/Area: Allegan County
• Zip Code: 49453
• School District: Saugatuck-Douglas
• Lot Size: 12894 sq ft lot
• Cross Street: Allegan & State St
• Directions: Blue Star Highway to Lake St. to Property.
• List Price Acre: 1685810.81
• Lot Features: Level
• Lot Size Area: 0.3
• Lot Size Square Feet: 12894
• Lot Size Units: Acres
• MLS Area Major: Holland/Saugatuck - H
• MLS Area Minor: Holland/Saugatuck - H
• Main Type: Land
• Parcel Number: 57-514-043-00
• Possession: Close Of Escrow
• Road Frontage: 99
• Road Surface Type: Paved
• SEV: 98500
• Sewer: Public Sewer
• Spec Assessment Type: None known
• Street Type: Paved
• Tax Annual Amount: 3816.13
• Tax Legal Description: PT OF LOTS 9 TO 11 INC BLOCK 4 MORRISON & DENSMORE ADDITION TO THE CITY OF SAUGATUCK DESC AS: BEG AT THE SW COR LOT 11 TH N 41 DEG 38' 56'' E 127.93' TH S 46 DEG 40' 41'' E 88.08' TH S 59 DEG 30' 45'' E 11.27' TH S 41 DEG 38' 56'' W 128.11' TH N 48 DEG 01' 35'' W 99.1' ALG NELY R/W LN OF LAKE ST TO THE POB. SPLIT FOR 2014 E 1/2 LOT 10 (043-10) NEW #.
• Tax Year: 2024
• Terms Available: Conventional, Cash
• Township: Saugatuck City
• Util Availat Street: Cable Available, Electricity Available, Natural Gas Available
• Utilities: None, Cable Available, Electricity Available, Natural Gas Available
• Water Source: Public
• Zoning Description: LS-Lake ST R-2