9729 Red Arrow Highway $3,949,000

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    9729 Red Arrow Highway Bridgman, MI 49106

    • 24,045 sq. ft.
    • 1.20 Acres
    • Commercial
    • MLS# 24023009
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    Views: 52 Days On Site: 195

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    Property Details

    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

    • General Features
      • Year Built 1930
      • New Construction Y/N false
      • Business Type Professional/Office,Professional Service,Restaurant,Retail
      • County Or Parish Berrien
      • Property Sub Type Retail/Commercial
      • Tax Annual Amount 16150.0
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Foundation Details Slab
      • Construction Materials Wood Siding, Brick, Block
      • Building Area Total 24045.0
      • Roof Rubber
      • Number Of Units Total 19
      • Heating Y/N true
      • Full Bathrooms 29
      • Bathrooms 29
      • Parking Total 45.0
    • Property Features
      • Lot Size Acres 1.2
      • Lot Size Area 1.2
      • Number Of Buildings 3
      • Utilities Cable Connected
      • Water Source Public
      • Waterfront Y/N false
      • Waterfront Features Public Access 1 Mile or Less
    • Schools
      • High School District Bridgman

    Neighborhood

    49106 (Bridgman) Demographics

    47 Median Age
    282 Population Density (per sq. mile)
    41% College Educated
    $72,180 Estimated Median Income
    1,582 Estimated Total Home Owners
    401 Estimated Total Renters
    80% / 20% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    4,887 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $230,000 Median Sales Price
    9 Homes Sold
    9 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,949,000
        5/10/2024 8:44:00 AM New in Database Source: Multiple Listing Service New Value: $3,949,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.