Active

133 Butler Street

Saugatuck MI, 49453

$1,890,000


$310.65 per sqft

Active

1 Bath

6,084 sqft

Commercial

Built in 1940

Courtesy of Tammy L Kerr, CENTURY 21 Affiliated

Great investment property located in downtown Saugatuck. The building was remodeled in 1999.

Currently leased. Each tenant pays for their gas and electric. Owner pays for shared common area gas and electric, water and waste.

Currently there are 2 retail spaces 560 sq feet and 1242 sq ft, 1 office space 842 sq ft and 2 apartments 1115 sq ft and 877 sq ft. income is 10,400 a month until September 2024.

10 yr lease on Chantal's until 2034. $3000 a month for 560 sq ft. The rest are yearly. The office and back apartment end September 2024. Front apartment is owner occupied and is $3000/month till Sept 2025.

Business not for sale, only the building.

24004275

MLS ID

January 19, 2024

Listed

March 14, 2024

Updated

Map

133 Butler Street
Saugatuck MI, 49453

Interior Features

Total Stories

2


Bathrooms

1 Bath


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

Yes

Exterior/Building Features

Lot Size

0.13 Acres


Roof

Rubber


Sewer

Public Sewer

School Information

School District

Saugatuck-Douglas

Other Property Details

Area Name

Holland/Saugatuck - H


Taxes

$25,254


Tax Frequency

Annually


Days on Market

33


Garage

No


Parking Total

5


View

No


County

Allegan


Water Source

Public


Pool

No

Listing History

Date

Event

Price

2/21/2024

Price Change

$1,890,000

-4%

Courtesy of CENTURY 21 Affiliated

The IDX display contains information sourced from the MichRIC® as of 3/14/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated 3/14/2024

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