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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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311 Broadway St , South Haven, MI 49090
$695,000
Est. Payment: $1,544.44/mo
0 Bed
1 Bath
3160 Sqft
Status: Active | Days on site: 10
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House Description

Attention entrepreneurs and investors! Now offered for sale is a 3160 SF extensively updated building, AND South Haven Scooter Rentals, a highly profitable seasonal business with an outstanding reputation, located in the heart of one of Michigan's most popular lakeshore destinations. Open since 2015, this business has a track record of strong cash flow and profitability, and now it's time for the owners to retire. Included in the sale is the building, all equipment, inventory, goodwill, and past customer data, allowing a new owner to transition seamlessly into this successful business. In addition, the sellers are willing to provide counsel through a transition period, including sharing ideas to grow the business. The building is located in one of South Haven's main corridors, with a daily traffic count of close to 8,000 vehicles. Recent improvements include upgraded electrical service and plumbing, as well as a new roof. Seller financing is available on the real estate. Inventory includes 12 scooters and 14 golf carts, with exceptional demand for both. Season runs from approximately May 1 to mid-October, depending on weather during the shoulder seasons. Financial information available for review upon signing Agreement of Confidentiality. For more information about the business, visit www.SouthHavenScooterRental.com.

Highlights

Listed by David S Kreager , 269-352-1381 and Suzy Glomski , 269-251-0085 Michigan Lifestyle Properties , 800-413-1016.

Property Type

Commercial Sale

Lot/Acreage
0.14

Year Built

1932

County

Van Buren

School District

South Haven

Listing ID

26044872

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:1
  • Full Bathrooms:1
Other:
  • Additional:Broadband

Exterior Features

Roof:Rubber
Principal Interest
$1,544
Taxes
$198

Home Price

$695,000

Loan Details

30 yrs
%

Down Payment

20%
$139,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,544.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,544.44 $198.25 $0.00 $1,742.69
Yearly $18,533.33 $2,379.00 $0.00 $20,912.33
Total $556,000.00 $71,370.00 $0.00 $627,370.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (South Haven, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.