625 Lake Street Saugatuck, MI 49453

$1,750,000
625 Lake Street, Saugatuck, MI 49453

Commercial Property for sale in Saugatuck, MI

for $1,750,000. This 67,320 square foot building was built in 1940 on a lot size of 1.5500 Acre(s).

Property Information

  • $1,750,000
  • Commercial
  • 67,320 Square Feet
  • Taxes are $24,342
  • Retail
  • Active
  • Lot size of 1.5500 Acre(s)
  • Built in 1940
  • Saugatuck, MI
  • Allegan County
  • MLS/Web ID is 14008195

 Virtual Tour

Description

Awesome commercial investment property! This superb package of opportunities includes more than meets the eye. More than a commercial property, this would make a great spot for a large family compound. Almost 200 feet of harbor frontage on exciting Lake Kalamazoo, perfect for viewing breath taking sunsets, holiday fireworks and the endless parade of boats. Offering 12 boat slips for all your toys or to rent out to Saugatuck's many boaters. A home and a duplex provide great space for your whole family. Enjoy 5 unique cottages, all with kitchens, currently being used as summer rentals for visiting guests. This is a great piece of property with all the extras.

Interior 5

Cooling System

  • Central Air

Heating Source

  • Natural Gas

Heating System

  • Forced Air
  • Space Heater(s)
  • Window Unit(s)

Sewer

  • Public Sewer

Water Source

  • Lake
  • Other
  • Public Water
  • River

Exterior 6

Construction

  • Wood Frame

Driveway

  • Paved Driveway

Exterior

  • Dock

Road Frontage

  • Paved
  • Public Road

Roof

  • Composition

Waterfront Description

  • Waterfront Property

Miscellaneous 4

Acceptable Finance

  • Cash

Commercial

  • Loading Dock(s)

Utilities

  • Cable
  • Electric
  • Natural Gas
  • Phone

View

  • Water View

† Excluded Feature

Neighborhood & Schools

School District: Saugatuck-Douglas

 See complete school information

Listed By

Broker: MILL POND REALTY

625 Lake Street, Saugatuck, MI, 49453 is a Commercial Property for sale at $1,750,000 with 67,320 sqft and a lot size of 1.5500 Acre(s). 625 Lake Street has 0.0 baths and was built in 1940. The property's zip code is 49453 which is in Saugatuck, MI

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Market Pricing

Average % of sale price Median % of sale price
All listings in Saugatuck $542,418 69 % below $329,000 81 % below
Commerical listings in Saugatuck $610,909 65 % below $380,000 78 % below

Get the facts about Saugatuck, MI!

Population 1,006
Population Growth (since 2000) 11 %
Median Income $70,440
Median Age 54.51
Households w/ Children 18 %

Residential Dwellings

  • Owned 424
  • Vacant 405
  • Rented 129

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