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118 N 3rd St 1,752 SF Office Building Grand Haven, MI 49417 $820,106 CAD ($468.10 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Vaulted ceilings with exposed beams
  • Three private offices across main level and mezzanine
  • NNN lease with national tenant; owner-user termination option
  • Kitchenette with solid-surface counters
  • Modern lighting and finishes
  • Premier location in Downtown Grand Haven’s walkable CBD

EXECUTIVE SUMMARY

Offered at $595,000, with additional upside supported by a buildable parcel and private on-site parking—rare amenities in Downtown Grand Haven.
Property Overview
This offering includes three contiguous parcels in the heart of Downtown Grand Haven’s Central Business District (CB zoning):
Fully renovated commercial building
Buildable landscaped lot with stamped concrete patio
Private 7-space parking lot
Building Details
The 1-story commercial building with mezzanine was originally constructed in 1926 and fully renovated in and 2020. The space totals 1,752 SF (1,227 SF main level + 525 SF mezzanine) and features:
Open workspace
Three private offices
Conference room
Kitchenette with solid-surface countertops
LVT and carpet tile flooring
Exposed wood beams
Barrier-free restroom
Mechanical systems, roof, windows, electrical, and HVAC were all updated in 2020.
Buildable Middle Parcel
The center parcel is improved with a stamped concrete patio, beach grass, and professional landscaping, offering immediate outdoor usability for meetings, client gatherings, or tenant enjoyment.
This parcel is fully buildable under CB zoning and allows for potential mixed-use, residential, office, retail, or expansion of the existing building. CB zoning allows construction up to the district’s permitted height limits (buyer to verify).
Private Parking Lot
The third parcel includes a 7-space paved parking lot with access from Fulton Avenue—an extremely rare and valuable amenity in downtown Grand Haven.
Lease Details
The property is currently leased at $2,300/month NNN, and the tenant signed a 3-year lease. Buyer may assume the lease or take occupancy, as the lease includes a 60-day termination option for an owner-occupant.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,752 SF
Building Class
C
Year Built/Renovated
1926/2020
Price
$820,106 CAD
Price Per SF
$468.10 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
876 SF
Building FAR
0.39
Lot Size
0.10 AC
Zoning
CB Central Business - Central Business District
Parking
7 Spaces (4 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • CrossCountry Mortgage
  • Real Estate
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
CrossCountry Mortgage Real Estate 99,999 SF - Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
70-03-20-430-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$260,818 CAD
  • Listing ID: 38742914

  • Date on Market: 2025-12-11

  • Last Updated:

  • Address: 118 N 3rd St, Grand Haven, MI 49417

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