603 Savidge St, Spring Lake, MI 49456-1956
- Retail space
- 10,647 SF
- 1.35 lot acres
Current Use by Public Records
- Rite Aid / Pharmacy
- Phillip A. Morse, RPH / Pharmacy
- Samantha M. Willick, Pharm / Pharmacy
- Rite Aid Photo / (Bike/Boat/Book/etc) Store
- Redbox / Cinema / (Bike/Boat/Book/etc) Store
Property Details for 603 Savidge St
- Year built
- 2005
- Lot size
- 1.35 lot acres
- Zone code
- EED
- Property type
- Retail space
- APN
- 70-03-14-325-075
- APU
- 700314325075
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 19, 2025 | — | East Savidge Real Estate LLC | Ljor Spring Lake LLC | Warranty Deed | $1.4M · United Bank Of Michigan |
| Nov 4, 2016 | — | Ljor Spring Lake LLC | — | Deed · related | $3.3M · Key Bank NA |
| Dec 8, 2006 | — | Ljor Spring Lake LLC | Sovereign Ra LLC | Warranty Deed | $1.9M · Lasalle Bank NA |
| May 3, 2006 | — | Sovereign Ra LLC | Rite Aid Of Michigan INC | Warranty Deed | — |
Description
This exceptional 10,647-square-foot retail building, formerly a pharmacy, is available for sale or lease. Situated on a 1.35-acre lot in Spring Lake, Michigan, at the signalized intersection of E Savidge St and Lake Ave, this property boasts a prime location with strong traffic counts (23,500 vehicles per day). Built in 2006, the building features high-image all-brick construction and a convenient drive-thru. The property offers excellent access with multiple points of ingress and egress. Its strategic location benefits from a growing demographic, with an average household income exceeding $96,000 within a one-mile radius. The property's zoning is EED. The asking price is $2,100,000, representing a price per square foot of $197.24. Currently vacant, this single-tenancy building presents a unique opportunity for investors or businesses seeking a high-visibility location in a thriving community. The building's size and features make it suitable for a variety of retail uses. Minimal comparable hard corner real estate is available in the surrounding area, highlighting the property's strong intrinsic value. Spring Lake is conveniently located minutes from Grand Haven, Holland, Muskegon, and Grand Rapids. The lease type is Net.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,474,000
- AI Estimate
- $2,474,000
Market price range: $856k - $3.12MMarket price range: $856k - $3.12M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,575,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Spring Lake
- County
- Ottawa
- State
- Michigan
- Longitude
- -86.185
- Latitude
- 43.0771
- CBSA code
- 24340
- CBSA name
- GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA
