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    790 Lake St Saugatuck, MI 49453

    For Sale
    $1,285,000

    MULTI_FAMILY - Saugatuck, MI

    Lot size:
    0.64 Acres
    Days on Market:
    98
    Last Refresh:
    Dec 12 at 4:06 am

    Property Features for 790 Lake St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 6, Bathroom 2, Basement, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 1
    Bedrooms
    6
    APN
    035751403500
    Parking
    7
    Basement
    Full
    Lot size
    0.64 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1905
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Composition

    Mill Pond Realty, Inc. (269) 857-1477 [email protected]

    Listing agent Laura J Durham (269) 857-1477

    Listing date Sep 6, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Saugatuck Multi-Family Investment Opportunity

    This multi-family property is located in downtown Saugatuck and offers harbor views. The property contains 3,434 square feet across three distinct units. The main level features 2 bedrooms, 2 full baths, a spacious kitchen, dining room, living room, breakfast nook, wet bar, and covered porch. The front upper unit offers 2 bedrooms, 1 bath, full kitchen, living room, and porch with water views. The rear upper unit includes 1 bedroom, 1 bath, kitchen, living area, and private porch overlooking the pool and backyard. The lower level currently serves as storage and a laundry facility for the property. The property is situated on 0.64 acres of landscaped grounds that include two koi ponds, a fire pit, a patio, and a newer in-ground pool with fenced enclosure. Parking is provided by 7 spaces plus a 2-stall garage. The property is located steps from downtown Saugatuck's restaurants, shops, galleries, and waterfront boardwalk, and is also near Douglas. Currently operated as a residence with two short-term rental units, this property comes with a transferable STR certificate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lake Street Commons ... Resort Hotel

    Suggested Use

    Law Firm Realty agency Spa & Massage Restaurant Hair Salon Nail Salon Auto Repair Shop Building Supply Gym & Fitness Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saugatuck
    County
    Allegan
    State
    Michigan
    Longitude
    -86.195784
    Latitude
    42.652367

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    FAQs

    What type of property is this?
    Multifamily property - Multi-family property in downtown Saugatuck with harbor views.
    Where is this multifamily property located?
    The property is located at 790 Lake St Saugatuck, MI.
    What is the asking price?
    The asking price for this property is $1,285,000.
    What are key features of this property?
    This property features: - Premier multi-family property in the heart of downtown Saugatuck with harbor views and unbeatable location.; - Transferable Short-Term Rental (STR) certificate provides immediate income potential and flexibility.; - Three distinct units (2/2, 2/1, 1/1) offer diverse rental or owner-occupancy options.
    (269) 857-1477
    Request Owner's contact information
    790 Lake St Saugatuck, MI 49453
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    Saugatuck, MI 49453
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    790 Lake St Saugatuck, MI 49453
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