787 Lake Street Saugatuck, MI 49453

$874,900
787 Lake Street, Saugatuck, MI 49453

Commercial Property for sale in Saugatuck, MI

for $874,900. This 2,744 square foot building was built in 1920 on a lot size of 0.0000 Acre(s).

Property Information

  • $874,900
  • Commercial
  • 2,744 Square Feet
  • Taxes are $10,206
  • Business Opportunity
  • Active
  • Lot size of 0.0000 Acre(s)
  • Built in 1920
  • Unit 11
  • Saugatuck, MI
  • Allegan County
  • MLS/Web ID is 17013817

 Virtual Tour

Description

Historic bed and breakfast in Saugatuck. Sale includes a beautifully maintained Bed & Breakfast that is part of a waterfront association with benefits to use the association pool and grounds. This business opportunity has a long history of visitors to this 7 suite property. The Main floor includes two visitor suites each with a full bath and fireplace, in keeper suite, office and updated kitchen. Guests will enjoy the restful living area and enclosed sunlit front porch & dinning room. The upperlevel includes four spacious suites, each with a full bath, private living room area and fireplace. The basement area provides amble storage and laundry area for Inn keeper use.

Interior 5

Basement

  • Basement

Heating Source

  • Natural Gas

Heating System

  • Baseboard
  • Electric
  • Window Unit(s)

Sewer

  • Public Sewer

Water Source

  • Lake
  • Other
  • Public Water

Exterior 5

Construction

  • Wood Frame

Driveway

  • Shared Driveway

Parking

  • 1-20 Parking Spaces

Road Frontage

  • Other
  • Paved
  • Public Road

Roof

  • Composition Shingles

Miscellaneous 3

Acceptable Finance

  • Cash

Commercial

  • Equipment Included
  • Fixtures/Furniture
  • Sale Includes Inventory

Utilities

  • Cable
  • Electric
  • Natural Gas

† Excluded Feature

Neighborhood & Schools

School District: Saugatuck-Douglas

 See complete school information

Listed By

Broker: FIVE STAR REAL ESTATE LAKESHORE LLC

787 Lake Street, Saugatuck, MI, 49453 is a Commercial Property for sale at $874,900 with 2,744 sqft and a lot size of 0.0000 Acre(s). 787 Lake Street was built in 1920. The property's zip code is 49453 which is in Saugatuck, MI

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Pricing History

Date Price Price Change Description
6/13/2017 $874,900 -2.78 % Price Change
4/4/2017 $899,900 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Saugatuck $616,491 30 % below $399,900 54 % below
Commerical listings in Saugatuck $763,136 13 % below $747,000 15 % 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

Similar Listings

Get an Immediate Callback from 9:00 AM - 9:00 PM EST
or Call us at 1-800-839-1363