Saugatuck, MI Hospitality Properties for Sale

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Holland, MI Hamilton, MI Douglas, MI Fennville, MI Allegan, MI South Haven, MI Pullman, MI Zeeland, MI

Updated: Mar 16

Waterfront Bed & Breakfast Home

787 Lake Street, Saugatuck, MI 49453

$1,690,000

2,744 sqft 0.97 AC lot

7‑bedroom, 6‑bath waterfront home with year built 1920
Newly remodeled and furnished; high‑end furniture included in the sale
Four‑season front porch plus back patio for outdoor use and a private hot tub
Part of an 11‑unit association with a shared pool
Includes 2 association premier end docks for owners’ use, with a gate

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Updated: Jun 25, 2024

Historic Bed and Breakfast Residence

447 Butler Street, Saugatuck, MI 49453

$1,550,000

4,041 sqft 0.18 AC lot

1904 historic Saugatuck home operating as a Bed and Breakfast for over 28 years
Over 4,000 SF with 7 bedrooms; each bedroom has its own full bath plus an additional owner's suite full bath
Main floor offers a spacious living area, full bedroom ensuite, large kitchen, half bath, and two large covered porches
Second floor features 6 additional bedrooms, each with a private full bathroom, plus a laundry area
Owner’s suite includes a sitting area, full bathroom, and walk‑in closet

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Waterfront Bed and Breakfast Home

787 Lake Street #11, Saugatuck, MI 49453

$1,690,000

Furnished, newly remodeled waterfront home with 7 bedrooms, 6 baths, and private hot tub within an 11-unit association.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 3 Active listings in Saugatuck, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Historical Motel with Monthly Rentals

1159 S Shore Drive, Holland, MI 49423

$1,850,000

6,000 sqft 0.80 AC lot

For sale historical motel with 14 monthly rental units and nearby lake access with multiple entry points.

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Historical Motel Near Lake Macatawa

1159 S Shore Drive, Holland, MI 49423

Contact for pricing

6,000 sqft

Historical motel with monthly rentals near Lake Macatawa.

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Boutique Hotel and Restaurant

294 Center Street, Douglas, MI 49406

Contact for pricing

Boutique hotel and restaurant with a sun-deck and pool area, open to the public from February through December.

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Historic Farmhouse with Guest Cottages

300 N Ferry Street, Douglas, MI 49406

Contact for pricing

Remodeled farmhouse with cottages, ideal for short-term rentals.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

C-2A Commercial Land Parcel

2930 S Blue Star Highway, Douglas, MI 49406

$230,000

2.91 AC lot

C-2A-zoned land offers public water and cable availability for commercial development.

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Highway Interchange Commercial Land

Blue Star Highway lot: 2, Fennville, MI 49408

$300,000

2.75 AC lot

Cleared commercial parcel with C-3 zoning, public water and public sewer, positioned at an interstate interchange.

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South Haven Land Opportunity

7237 Lakeview Avenue, South Haven, MI 49090

$189,000

0.15 AC lot

Desirable lot near Lake Michigan, South Haven. STRs allowed.

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West Olive Commercial Land Available

Lake Michigan Drive, West Olive, MI 49460

$350,000

3.58 AC lot

Prime commercial lot with B-1 and B-2 zoning.

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Off-Market Properties in Saugatuck, MI

Consider similar Off-Market properties in Saugatuck, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

BED & BREAKFAST

401 403rd 405th 407th Park, Saugatuck, MI 49453

$1,680,000

Estimated value

4,276 sqft 0.70 AC lot

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MOTEL

3282 Blue Star Hwy, Saugatuck, MI 49453-9432

$225,000

Estimated value

2,020 sqft 2.85 AC lot

View details

BED & BREAKFAST

510 Butler St, Saugatuck, MI 49453-9451

$5,295,000

Estimated value

6,215 sqft 0.40 AC lot

View details

BED & BREAKFAST

450 Culver St, Saugatuck, MI 49453

$570,000

Estimated value

2,830 sqft 0.20 AC lot

View details

BED & BREAKFAST

888 Holland St, Saugatuck, MI 49453-9607

$345,000

Estimated value

4,614 sqft 0.19 AC lot

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BED & BREAKFAST

227 Griffith St, Saugatuck, MI 49453-8603

$375,000

Estimated value

3,659 sqft 0.50 AC lot

View details

MOTEL

3242 Blue Star Hwy, Saugatuck, MI 49453-9723

$405,000

Estimated value

7,467 sqft 1.11 AC lot

View details

BED & BREAKFAST

447 Butler St, Saugatuck, MI 49453-9498

$370,000

Estimated value

5,577 sqft 0.18 AC lot

View details

HOTEL

428 Butler St, Saugatuck, MI 49453-9498

$445,000

Estimated value

8,174 sqft 0.21 AC lot

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HOTEL

3656 63rd St, Saugatuck, MI 49453-9705

$475,000

Estimated value

8,140 sqft 4.82 AC lot

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MOTEL

528 Water St, Saugatuck, MI 49453

$16,050,000

Estimated value

19,068 sqft 0.80 AC lot

View details

MOTEL

106 Perryman St, Saugatuck, MI 49453-9684

$535,000

Estimated value

10,500 sqft 0.60 AC lot

View details

MOTEL

3457 Blue Star Hwy, Saugatuck, MI 49453-9400

$570,000

Estimated value

14,719 sqft 3.48 AC lot

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Saugatuck, MI Hospitality Properties Market Trends and Statistics

Explore 16 hospitality properties for sale in Saugatuck, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,785 square feet of properties for sale, with an estimated market value of $4,930,000.

Sale prices for hospitality properties in Saugatuck, MI start at $1,550,000, averaging $1,643,333, and reaching up to $1,690,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$1.7M

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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Saugatuck, MI Hospitality Properties for Sale

787 Lake Street, Saugatuck, MI 49453

447 Butler Street, Saugatuck, MI 49453

787 Lake Street #11, Saugatuck, MI 49453

Opportunities in Nearby Cities

1159 S Shore Drive, Holland, MI 49423

1159 S Shore Drive, Holland, MI 49423

294 Center Street, Douglas, MI 49406

300 N Ferry Street, Douglas, MI 49406

Potential Development Sites for Consideration

2930 S Blue Star Highway, Douglas, MI 49406

Blue Star Highway lot: 2, Fennville, MI 49408

7237 Lakeview Avenue, South Haven, MI 49090

Lake Michigan Drive, West Olive, MI 49460

Off-Market Properties in Saugatuck, MI

401 403rd 405th 407th Park, Saugatuck, MI 49453

3282 Blue Star Hwy, Saugatuck, MI 49453-9432

510 Butler St, Saugatuck, MI 49453-9451

450 Culver St, Saugatuck, MI 49453

888 Holland St, Saugatuck, MI 49453-9607

227 Griffith St, Saugatuck, MI 49453-8603

3242 Blue Star Hwy, Saugatuck, MI 49453-9723

447 Butler St, Saugatuck, MI 49453-9498

428 Butler St, Saugatuck, MI 49453-9498

3656 63rd St, Saugatuck, MI 49453-9705

528 Water St, Saugatuck, MI 49453

106 Perryman St, Saugatuck, MI 49453-9684

3457 Blue Star Hwy, Saugatuck, MI 49453-9400

Saugatuck, MI Hospitality Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

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