Storefront Property with
For Sale
$265,000
Pending
11 N Washington Street, Douglas, MI 49406
Commercial Sale, Douglas, MI
Property Size832 SF
Lot Size0.13 Acres
Days on Market55
Property Features for 11 N Washington Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
C-1A VILL CTR C
Interior features
Broadband
Elementary school district
Saugatuck-Douglas
Middle school district
Saugatuck-Douglas
High school district
Saugatuck-Douglas
Directions
From Center Street take Washington North to address.
Standard status
Pending
APN
59-100-009-50
Size
832 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
N 50.93' OF LOT 9 DOUGLAS PLAT ALSO THE S 1/2 OF THE PUBLIC ALLEY LOCATED BETWEEN CENTER ST & WALL ST FROM THE E LIN OF
Tax Annual Amount
2915
Legal Description
N 50.93' OF LOT 9 DOUGLAS PLAT ALSO THE S 1/2 OF THE PUBLIC ALLEY LOCATED BETWEEN CENTER ST & WALL ST FROM THE E LIN OF
Utilities
Utilities
Cable Available
Building Details
Year built
1975
Number of units
1
Building materials
Vinyl Siding
Roof type
Composition
Listing Agency:
CENTURY 21 Affiliated
(269) 857-2121
Listed By:
William Edward Underdown · License #6501358356
(313) 824-2000
Added: Aug 12
Changed: Sep 7
Last Checked: Oct 5 at 10:06PM
MLS# 26042297
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 832-square-foot storefront property was constructed in 1975 and features vinyl siding with a composition roof. Broadband is available, supporting basic connectivity needs for commercial occupancy, while cable service is also available.
The property occupies 0.13 acres at 11 N Washington Street in Douglas, Michigan, within Allegan County. Its compact footprint and existing storefront configuration provide a defined commercial setting for a retail-oriented use.
The property occupies 0.13 acres at 11 N Washington Street in Douglas, Michigan, within Allegan County. Its compact footprint and existing storefront configuration provide a defined commercial setting for a retail-oriented use.
Key Highlights
- 832 square feet of storefront space
- 0.13‑acre property at 11 N Washington Street, Douglas, MI 49406
- Constructed in 1975
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,637
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$172,740
$172.7K
Cap Rate 7%
$123,386
$123.4K
Cap Rate 9%
$95,967
$96.0K
Market Conditions
NOI Build-Up for 832 SF
Gross rent
$12.9K $15.48/SF
− Vacancy
−$541 −$0.65/SF
EGI
$12.3K $14.83/SF
− OpEx
−$3.7K −$4.45/SF
NOI
$8.6K $10.38/SF
Area
Allegan County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$172,740
Cap Rate 7%
$123,386
Cap Rate 9%
$95,967
Alternative Uses
Best Use
Retail
$123.4K
$108.0K – $144.0K
NOI $8,637 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$7.81M
$6.84M – $9.12M
NOI $546,934 @ 7.0% cap · market cap 206.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 56%
Shops & Services 44%
Supervalu
Groceries
7,368 visits/mo
0.4 miles
Huntington Bank
Shops & Services
2,956 visits/mo
0.4 miles
Shell
Shops & Services
2,776 visits/mo
0.4 miles
Demographics for 49406, MI
1,031
Population
921
Households
1.1
Avg Household Size
60
Median Age
66%
College-Educated
99%
High-School Grad
1.5 sq mi
ZIP Area
687
Density / Sq Mi
$95,417
Median Household Income
$78,333
Median Earnings
$470,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Compact commercial storefront with broadband, cable availability, and durable vinyl-sided construction.
Where is this storefront property located?
The property is located at 11 N Washington Street Douglas, MI.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 832 square feet of storefront space; 0.13‑acre property at 11 N Washington Street, Douglas, MI 49406; Constructed in 1975
