For Sale
971 W Savidge Street, Spring Lake, MI 49456
$2,850,000
MLS # 26012089 (Michigan Regional Information Center (MichRIC))
3 bathsBuilt 19972.24 acres
1 / 17
Listing Description
High-profile, premier waterfront restaurant/bar opportunity in Spring Lake, MI. The 7,000 SF is turn-key with a full kitchen and bar, indoor seating capacity of 260 with an expansive, 150-seat outdoor deck area overlooking the Grand River channel leading to the main-body of Spring Lake. The 2+ acre site provides 90+ parking spaces and is situated at the west end of the primary commercial corridor (M-104/Savidge Street) in the Village of Spring Lake. The existing building was constructed in 1997 and is the original location of Ole' Boys Brewhouse, which operated successfully here for 25 years. The premises includes a Resort Class-C liquor license and Brew Pub license. Take advantage of this prime location with neighboring properties consisting of three marinas, as well as residential condominium hospitality developments. The Spring Lake-Grand Haven area experiences a huge tourism influx which offers immediate potential to accommodate the upcoming summer season.
Source: SparkMLS
About this home
This 3-bath home built in 1997 sits in Spring Lake Township in Spring Lake.
Listed at $2,850,000.
Estimated annual property tax: $41,893, or about $3,491 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeRetail
Bathrooms3
Lot Size2.24 acres
Year Built1997
Location
CitySpring Lake
MunicipalitySpring Lake Vllg
Zip Code49456
CountyOttawa
School DistrictSpring Lake
Construction & Systems
ConstructionBrick, Stone
HeatingForced Air
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer
InteriorBroadband
Sale & Financing
Listed3/25/2026
Terms AcceptedConventional, Cash
Source: SparkMLS
Tax Information
Annual Tax$41,893
Tax Year2025
State Equalized Value$1,384,600
Taxable Value$657,196
Assessed Value$657,196
Parcel #70-03-16-476-018
Source: Public Records
Legal Description
Attached
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Bryan D Bench
Core Realty Partners LLC
Frequently Asked Questions about 971 W Savidge Street, Spring Lake, MI 49456
What school district is 971 W Savidge Street, Spring Lake, MI 49456 in?
Per MLS# 26012089, this property is served by Spring Lake. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 26012089, the seller has indicated this property accepts the following financing types: Conventional, Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 26012089, the most recent reported annual property tax for 971 W Savidge Street, Spring Lake, MI 49456 is $41,893 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 971 W Savidge Street, Spring Lake, MI 49456 eligible for USDA financing?
Per USDA Rural Development boundary data, 971 W Savidge Street, Spring Lake, MI 49456 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 971 W Savidge Street, Spring Lake, MI 49456 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Michigan Gas Utilities Corporation. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Spring Lake Vllg police department or the Ottawa County sheriff's office.
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Monthly payment$18,485
Principal & interest$18,485
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
971 W Savidge Street, Spring Lake, MI 49456
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Municipality
Spring Lake Township
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