311 Water Street, Saugatuck 49453

$895,000

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MLS#: 16029518
• For Sale
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248-304-6700

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Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Prime Corner in Saugatuck with 4 established retail businesses and 3 recently remodeled apartments with licenses for 3 upstairs weekly rentals and a fourth with great views of the river and town ready for you to finish. This building as had full commercial occupancy for over 25 years and is located between Wally's, Uncommon Grounds and the riverfront shops/restaurants. Very busy pedestrian corner. Financials available and tenants have been in these spaces for 10-25 years and are still growing and thriving. All residential spaces close to full occupancy for the last 25 years. The conversion of Apt #3 to a weekly rental has shown immediate success. Call today for your tour of this historic, iconic downtown Saugatuck building.

Property Information    

Status
Active 
Address
311 Water Street 
City
Saugatuck 
Zip
49453 
Year Built
1930 
County
Allegan 
Above Grade SqFt
Price/SqFt
286.68 

School Information

School District
Saugatuck-Douglas 

Taxes

Taxes
$8,768 
Summer Taxes
$0 

Features

Current Use
4 Retail Commercial Units, 3 Residential Apartment 
Comm. Total Space
6275.00 
Cooling
Wall Unit, Window Unit 
Heating
Forced Air, Radiant 

Listing Video for 311 Water Street, Saugatuck MI 49453

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Listing Courtesy of Lighthouse Realty Co Inc
Office Address 29 Blue Star
Listing Agent Tad W Degraaf