200 Franklin Ave Grand Haven, MI 49417
- Land
- 0.20 lot acres
Current Use by Public Records
- Land
Property Details for 200 Franklin Ave
- Lot size
- 0.20 lot acres
- Property type
- Land
- Property subtype
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grand Haven
- County
- Ottawa
- State
- Michigan
- Longitude
- -86.2314
- Latitude
- 43.0628
