200 Franklin AveGrand Haven, MI 49417

For Sale
$1,950,000

Luxury Suites, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Grand Haven investment opportunity presents two beautifully updated buildings, totaling nine unique suites. Boasting a combined five and four bedrooms respectively, each suite offers a private entrance, kitchen, bathroom, living space, and hardwood floors. The meticulously renovated interiors combine comfort and style, creating an elegant and private atmosphere ideal for short-term or long-term rentals. One building features a charming, wood-cabin aesthetic, while the other exudes sophisticated elegance. The property sits on a 0.2-acre lot and includes nine parking spaces. The property's prime location in the heart of Grand Haven offers easy access to Lake Michigan and all the Lakeshore amenities. Previously featured in prominent publications such as Everyday with Rachel Ray, Midwest Living's Best of the Midwest, and Lake Magazine, this turnkey operation includes a short-term rental certificate and presents the potential for additional income through a possible basement office space. The asking price is $1,950,000. This is a rare chance to acquire a highly profitable and established rental property in a desirable location.

Highlights

  • Nine unique suites in two renovated buildings, each with private entrance, kitchen, bath, living space, and hardwood floors.
  • Five and four bedrooms respectively, across the two buildings.
  • 0.2-acre lot with nine parking spaces.
  • Prime Grand Haven location near Lake Michigan.
  • Turnkey operation with short-term rental certificate; potential for additional income.
  • Asking price: $1,950,000.

Property Details for 200 Franklin Ave

Property type
Multifamily properties, Apartment buildings
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Grand Haven
County
Ottawa
State
Michigan
Latitude
43.0628368
Longitude
-86.2313921
200 Franklin Ave, Grand Haven, Michigan
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200 Franklin Ave
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