310 Blue Star Hwy, Douglas, MI 49406-5139
- Grocery and convenience stores
- 8,615 SF
- 1.13 lot acres
Current Use by Public Records
- Isabel's Market + Eatery / Grocery & Convenience Store / Food Market
Property Details for 310 Blue Star Hwy
- Lot size
- 1.13 lot acres
- Property type
- Grocery and convenience stores
- APN
- 59-017-089-50
- APU
- 5901708950
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 3, 2026 | — | Gc Heritage LLC | Gc Heritage LLC | Warranty Deed · related | — |
| Mar 19, 2026 | — | Halas Holdings LLC | — | Deed · related | $1.4M · Mary Fechtig Etal |
| Dec 20, 2024 | — | Halas Holdings LLC | — | Deed · related | $8k · West Shore Bank |
| Feb 4, 2020 | — | Halas Holdings LLC | — | Deed · related | $1M · Grand River Bank |
| Jun 27, 2019 | — | Halas Holdings LLC | Full Swing LLC | Warranty Deed | $36k · Grand River Bank |
| Apr 18, 2018 | — | In Full Swing LLC | Zing Real Estate LLC | Warranty Deed | — |
| Mar 16, 2011 | — | Zing Real Estate LLC | 310-320 Blue Star Highway LLC | Deed | $530k · Standard Insurance Company |
| Oct 2, 2008 | $1,053,000 | Standard Insurance Co | Burt Deboer | Sheriffs Deed · related | — |
| Sep 7, 2005 | — | Blue Moon Bar & Grille INC | Blue Coast Properties LLC | Quit Claim Deed · related | $700k · Lehman Brothers Bank Fsb |
Description
This exceptional 9,032 square foot industrial property, situated on a 1.13-acre lot in the desirable Saugatuck/Douglas resort community, presents a compelling investment opportunity. The building boasts a recently renovated ground floor (2019) encompassing 7,146 square feet of commercial space currently thriving as Isabel's Market + Eatery. This established business includes a specialty market, deli, bakery, and an event center, providing immediate income potential. The property's strategic location offers high visibility and accessibility, benefiting from its proximity to Saugatuck's bustling downtown area. Adding to its versatility, the property includes two additional rental units located upstairs, generating further revenue streams. Ample parking is provided with 65 on-site spaces, catering to both the business and residential tenants. The expansive outdoor seating area complements the existing commercial space, enhancing its appeal and functionality. This property's combination of established commercial operations, rental income, and prime location makes it an ideal investment for discerning buyers seeking a diverse and profitable venture in a thriving resort community. The property's size and features offer significant potential for future expansion or adaptation to suit a variety of commercial uses.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,490,000
- 6.5%
- $1,375,000
- 7%
- $1,280,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $776,000
Market price range: $354k - $1.90M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,090,000 Current use
- RESTAURANT
- $940,000 Change: -14% Conversion: Easy
- COMMERCIAL (GENERAL)
- $935,000 Change: -14% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Douglas
- County
- Allegan
- State
- Michigan
- Longitude
- -86.2126
- Latitude
- 42.6365
- CBSA code
- 26090
- CBSA name
- HOLLAND, MI MICROPOLITAN STATISTICAL AREA
