Apartment Building

Saugatuck, MI Apartment Buildings for Sale

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Historic Mixed-Use Building in Saugatuck
Updated: Oct 15, 2024
Historic Mixed-Use Building in Saugatuck

439 Butler Street, Saugatuck, MI 49453

$2,225,000
9,176 sqft 0.09 AC lot
Historic brick building in downtown Saugatuck on Butler Street.
Includes 3 unique residential rentals upstairs and 5 established commercial rentals on the main level.
Located one block from the Kalamazoo River and next to city parks.
Residential unit 3 features a fireplace and a private 30x30 deck.
Main level commercial spaces have separate heat and air conditioning.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Saugatuck, 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.

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.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

85-91 E 19th, Holland, MI 49423

$1,000,000

Eight-unit multifamily property featuring central air, forced-air heat, and carports, built in 1972.

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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.

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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.

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Saugatuck, MI Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Saugatuck, MI on our real estate platform. These investment opportunities span a total of 9,176 square feet of properties for sale, with an estimated market value of $2,225,000.

Sale prices for two-family homes in Saugatuck, MI average $2,225,000 — 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 2,729
Population Growth (5Y) +11.0%
Median Household Income $101,250
College Educated 74.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49453 $2.2M

Taxes & Financing

Tax Rate (average for all types) 2.49%
Property Tax per SF $85.03 per SF
Average Loan-to-Value 65.0%

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

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