9729 Red Arrow Highway Bridgman, MI ^$ 3,949,000

9729 Red Arrow Highway

^$ 3,949,000

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9729 Red Arrow Highway

Bridgman, MI, 49106

^$ 3,949,000

Studio Baths0.0 Sq 24,045

Monthly Estimate*

^$ 27,585

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Studio

Commercial Property for sale in Bridgman, MI

for $3,949,000. This 24,045 square foot building was built in 1930 on a lot size of 1.2.

First time on the market! THE MONOGRAM mixed use development is located in the heart of Bridgman, Michigan with walking distance to Lake Michigan/Weko Beach, unique shops, eateries, microbreweries, wineries, and more. Features 11 residential loft units operated as 7 guest rooms and 4 upscale suites. Also includes 8 retail units on the ground floor with solid long term leases in place. Original building constructed in the 1930's with current owner completing a substantial renovation in 2019. Each of the newly renovated guest rooms and suites are unique, spacious and beautifully appointed. Gross building area is 24,045 SF with 8,800 SF NRA residential loft use and 10,913 SF NRA commercial use. Located on central corridor w/ 180 feet of road frontage on Red Arrow Hwy and 230 on Lake Street

Commercial Active

Price

^$ 3,949,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 16,150

Style

Commercial/Industrial

Lot Size

1.2

Year Built

1930

Town/City

Bridgman

County/Region

Berrien

MLS | Web ID

70405464

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Roof Rubber

Water Public Water

Status Active Active

Year Built 1930

Parking 21+ Spaces

County Berrien

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Bridgman

Zoning Commercial

Subdivision MI

Commercial Features Cable Internet Installed Furniture Telephone

Area Bridgman (11027)

Primary City Bridgman

Directions From EXIT 16 off I-94 head north to corner of Lake and Red Arrow. Buildings are on East side of road

City Bridgman

Street Name Red Arrow

Financial Terms Cash Conventional

Legal Description long metes and bounds for two parcels

DOM 12

Postal Code 49106

Price Per Sq Ft Total 164.23

Coming Soon First time on the market! THE MONOGRAM mixed use development is located in the heart of Bridgman Michigan with walking distance to Lake Michigan/Weko Beach unique shops eateries microbreweries

Exterior

Exterior Block Brick Concrete Wood

Frontage 410

Lot Size Area 1.2

Lot Dimensions 180 x 230 x 165 x 325

Roads City/County

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Kerry Wright

Listing Agent

Wright Properties

Broker

kerry@thewrightbroker.com

Affordability Calculator

$28,931

Per Month

Monthly Principal & Interest: $27,585
Monthly Property Taxes: $1,346
Monthly Home Insurance: --

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Down Payment

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Bridgman, MI

Average List Price ^$1,594,500

Percent of Sale Price 60%

About Bridgman, MI

2,037 Population

-2% Since 2002

^$61,551 Median Income

47.59 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/10/2024	$3,949,000		Listed Price

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9729 Red Arrow Highway, Bridgman, MI, 49106 is a Commercial Property for sale at $3,949,000 with 24,045 sqft and a lot size of 1.2. 9729 Red Arrow Highway is a studio with 0.0 baths and was built in 1930. The property's zip code is 49106 which is in Bridgman, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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9729 Red Arrow Highway

Commercial Property for sale in Bridgman, MI

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