1830 172Nd Ave Grand Haven, MI 49417
South Village Plaza, located at 1830 172nd Ave, Grand Haven, MI 49417, presents a compelling investment opportunity in a thriving retail market. This single-story, 31,034 square foot Class B shopping center, built in 1996, offers multiple tenancy options. The property is zoned commercial (APN 70-03-33-201-004) and conveniently situated near Robbins Rd, just 1.5 miles south of Downtown Grand Haven. Currently, three retail spaces are available, ranging from 997 to 3,173 square feet, each commanding a rental rate of $13.00 per square foot. Specifically, Suite C offers 1,600 square feet, Suite D-2 provides 997 square feet, and Suite K boasts 3,173 square feet of space. This presents a unique chance to acquire a well-located retail property with immediate income potential. The property's strategic location and flexible space options make it ideal for a variety of retail businesses seeking a presence in a bustling community. The single-building structure simplifies management, and the established tenant base contributes to a stable income stream. This is an exceptional opportunity for investors seeking a strong return on investment in a desirable Michigan market.
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Haven Financial LLC - ATM Business | ATM Dealer | ATM Distributor | Credit/Debit Card Processing Distribution Service Atm
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Sherwin-Williams Paint Store Hardware & Home Improvement Building Supply
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Pampered Pups Dog Grooming Pet Grooming Service
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Sweet Fire Tobacco (Bike/Boat/Book/etc) Store
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Powerhouse Gym Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.