212 Hbr Dr Grand Haven, MI 49417-1372
This exceptional three-story, 6,468 square foot mixed-use building in Grand Haven, Michigan, presents a unique investment opportunity. Located at 212 S Harbor Dr, this property boasts a luxurious 3-bedroom, 2.1-bathroom residential space with high-end finishes including custom walnut cabinetry, Anderson windows, automatic shades, exposed beams, a custom two-sided fireplace, and state-of-the-art A/V amenities. The expansive open-concept floor plan offers over 3,200 square feet of living space, a 17x45 steel deck with sun sail shades, and stunning Grand River views. The lower two floors comprise fully leased office spaces totaling 3,255 square feet, generating over $80,000 in annual rental income. The ground floor includes 1,405 square feet with a kitchenette and bathroom, while the second floor offers 1,850 square feet with a kitchen and two bathrooms. The 0.321-acre lot (14,000 square feet) provides ample parking and potential for expansion. Built in 1979, the building underwent a complete renovation in 2016, including new windows, doors, electrical, HVAC, plumbing, and more. The property is zoned WF-2 and features a heated garage, dual heat zones, and a heated primary bathroom floor. This prime in-town location offers unparalleled views and combines luxurious living with substantial income generation, making it attractive to both residential and commercial buyers and investors. A separate boat slip in the Grand Haven Yacht Club is also available for sale. The asking price is $3,299,000.
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DO MORE GOOD Charitable Organization Social Service Agency
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Grasman Investment Group LLC Corporate Office Financial Advisor
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Edward Jones - Financial Advisor: Julie J DeSanto Financial Advisor
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Edward Jones - Financial Advisor: Dale W Miller Financial Advisor
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BrandHaven Marketing & Advertising Advertising Agency
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
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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.