8603 Water StMontague, MI 49437

For Sale
$189,000 View listing
  • Commercial real estate
  • 1,920 SF

Property Details for 8603 Water St

Year built
1983
Lot size
0.46 AC
Property size (Sq ft)
1,920 SF
Zone code
R-1B SI
Property type
Commercial real estate
APN
61-21-161-015-0009-00
APU
6121161015000900

Description

This exceptional 0.46-acre commercial property at 8603 Water Street in Montague, Michigan, presents a remarkable investment opportunity. Situated in the heart of downtown Montague, this building boasts a prime location directly behind Ellenwood Landing Estates & Marina and the Public Boat Launch. Its proximity to the Montague Farmers & Artesian Markets and the Bike Trail ensures high visibility and foot traffic. The building's rich history includes serving as the Montague Post Office, a deli/convenience store, a fishing supply store, and an antique shop, demonstrating its adaptability and consistent appeal. The property's versatility allows for a wide range of commercial uses, from a single business to a potential duplex conversion. The asking price is $189,000. This is a chance to capitalize on the thriving Montague market and establish a successful business in a highly desirable location. The building's strategic placement offers unparalleled access to the area's recreational amenities and bustling community atmosphere. Don't miss this opportunity to own a piece of Montague's vibrant commercial landscape. The possibilities are as limitless as the potential of this exceptional property. Contact us today to schedule a showing.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $401,387
    Hospitality
    $367,669
    Educational
    $305,896
    Medical
    $316,416
    Retail
    $475,838
8603 Water St, Montague, Michigan
Leaflet | © OpenStreetMap contributors

Location Insight

City
Montague
County
Muskegon
State
Michigan
Latitude
43.4148
Longitude
-86.3572
CBSA code
34740
CBSA name
MUSKEGON-NORTON SHORES, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,387
-
-
$80,300
-
-
-
$160,600

FAQs

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