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    Douglas, MI
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    Saugatuck, MI Fennville, MI Hamilton, MI Holland, MI South Haven, MI Pullman, MI Allegan, MI Grand Haven, MI
    Downtown Mixed-Use Building
    Updated: Apr 8
    Downtown Mixed-Use Building

    98 W Center Street, Douglas, MI 49406

    $1,490,000
    4,548 sqft 0.20 AC lot
    Three‑story mixed‑use commercial/residential building in downtown Douglas with two commercial retail units on the main floor
    Remodeled in 2025 and relocated onto a new foundation in 2002
    Approved for three apartments for either short‑term or long‑term rentals, plus a new one‑bedroom lower‑level apartment with patio
    Six private parking spaces and tenants pay utilities
    Central air and forced‑air heating; concrete and wood siding construction
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    This listing looks promising.

    Here's a quick look at some key insights for

    98 W Center Street, Douglas, MI 49406

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    • Est. Cap Rate

      3.2%
      NOI ÷ price

    • Est. NOI

      $47K
      Annual

    • Mortgage

      $602K
      Jan 2025

    • Last Sold

      Jan 2025
      $880K

    • Property Type

      Retail Stores
      Built 1900
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Douglas, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    28-Unit Apartment Portfolio
    28-Unit Apartment Portfolio

    863 Lincoln Ave, Holland, MI 49423

    $2,125,000
    15,284 sqft

    Two parcels contain apartment buildings and a single-family rental, with RMU zoning and full occupancy reported.

    View details
    Historical Motel Monthly Rental Property
    Historical Motel Monthly Rental Property

    1159 S Shore Drive, Holland, MI 49423

    $1,850,000
    0.80 AC lot

    Property features 14 fully operational monthly rentals, including units in a historical motel and a garage apartment.

    View details
    Updated Parkside Condominium with Garage
    Updated Parkside Condominium with Garage

    2843 Parkside #14, Jenison, MI 49428

    $283,000

    Updated 3-bedroom condo with garage, immediate occupancy available.

    View details
    Turnkey Condo in Jenison
    Turnkey Condo in Jenison

    7373 Pine Grove, Jenison, MI 49428

    $245,000

    2 bed, 1.5 bath condo with garage and storage.

    View details

    Douglas, MI Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Douglas, MI on our real estate platform. These investment opportunities span a total of 4,548 square feet of properties for sale, with an estimated market value of $1,490,000.

    Sale prices for two-family homes in Douglas, MI average $1,490,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 922
    Median Household Income $95,417
    College Educated 89.3%

    High-Yield Neighborhoods for Investment

    Identify Douglas submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49406 $1.5M

    Listings Trend

    New vs delisted commercial listings in Allegan County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Allegan County

    Retail

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