787 Lake Street # 11 Saugatuck, MI $ 1,800,000
787 Lake Street # 11
$ 1,800,000
Recently Listed
Open House 3/22 11am - 1pm
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787 Lake Street # 11

Saugatuck, MI, 49453
$ 1,800,000
Bedrooms-- Baths6.0

Monthly Estimate*

$ 11,083

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Commercial Property for sale in Saugatuck, MI

for $1,800,000 with 6 full baths. This building was built in 1920 on a lot size of 0.97.

Waterfront investment property! This premier 7-bedroom, 6-bath waterfront home is a standout investment opportunity at $1.8 million. Newly remodeled and furnished with high end furniture included in the sale. Accommodating up to 14/16 guests, it features a charming four-season front porch, back patio for outdoor BBQ's, a private hot tub, and it's part of an 11-unit association offering a shared pool. This home comes with 2 of the associations premier end docks that only owners can enjoy with a gate to keep your boat secure. Perfectly positioned between downtown Saugatuck and Douglas, it's just a stroll away from great restaurants, shopping, bars, and parks. Ideal for large groups and unforgettable getaways! Could be converted back to a bed and breakfast again if someone wanted to make that their residence and offer rooms to rent. Owner is licensed agent in the State of Michigan

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Open House

3/22/2026 11:00 AM - 1:00 PM
787 Lake Street # 11 Saugatuck, MI
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Commercial Active

Price

$ 1,800,000

Full Bath

6

Property Type

Commercial

Taxes

$ 21,250

Style

Business

Lot Size

0.97

Year Built

1920

Town/City

Saugatuck

County/Region

Allegan

MLS | Web ID

26010197

Features
Interior
Interior Amenities Broadband
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 6
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General
Heating Baseboard Forced Air Hot Water
Cooling Central Air Window Unit(s)
Utilities Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected Cable Connected Storm Sewer
Possession Close Of Escrow
Roof Composition
Construction Materials Vinyl Siding
Exclusions Some personal artwork is excluded and will be identified prior to a sale.
Year Built 1920
Tenant Pays Prop Taxes/Assess Building Insurance Electric Gas Sewer Water
Township Saugatuck City
Unit Number 11
Property Subtype Business
Tax Year 2020
Ownership Private Owned
Gross Income 150000.0
Business Type Other
Waterfront Features Lake
County Allegan
New Construction N
Property Type Commercial Sale
MaintenanceExpense 3500.0
Full Baths 6
Status Active
Directions Bluestar to lake to address on the left.
City Saugatuck
Body of Water Kalamazoo Lake
High School District Saugatuck-Douglas
Zoning Description R-RESORTDIST C4
Number Of Units Total 1
Lot Size Units Acres
Lot Size Square Feet 42213.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 21250.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2026-03-16
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 358280
Ownership Type LLC
Legal Description UNIT 11 OF SHADY SHORES CONDOMINIUMS TOGETHER WITH BOAT SLIP ''G'' AS A LIMITED COMMON ELEMENT ALSO INCL. BOAT SLIPS F &
Senior Community None
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Exterior
Total Parking 6.0
Inclusions Real Estate Licenses Inventory Furniture
Lot Size Area 0.97
Foundation Details Block
Number of Buildings 1
Spa N
Building Area Total 2744.0
Lot Size Acres 0.97
Road Surface Type Paved
Waterfront Y/N Y
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
Dock True
View True
All Sports True
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Internal Only
Street Number 1 787
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* Excluded Features
List By
Bhg Connections

Broker

michigan@tammykerr.homes

Email

Affordability Calculator

$12,854
Per Month
86%
14%
0%
Monthly Principal & Interest
$11,083
Monthly Property Taxes
$1,771
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
248683 Elementary School
4668076 Middle School
Saugatuck High School High School
Pricing History
DatePricePrice ChangeDescription
3/17/2026$1,800,000 Listed Price

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787 Lake Street # 11, Saugatuck, MI, 49453 is a Commercial Property for sale at $1,800,000 with a lot size of 0.97. 787 Lake Street # 11 has 6.0 baths and was built in 1920. The property's zip code is 49453 which is in Saugatuck, MI