Renovated Mixed-Use Income
118 Hoffman Street Saugatuck, MI 49453
For Sale
Contact for pricing
Street-level commercial space plus three newly rebuilt apartments offers flexible live-work or rental income use.
Property Size3,176 SF
Price / SF$534.95
Days on Market53
Property Features for 118 Hoffman Street
General Information
- Standard status
- Active
- Size
- 3,176 SF
- Property subtype
- Retail, Multifamily, Mixed Use
Building Details
- Year Built
- 1925
Listing Agency:
Equity Group of Michigan
Listed By:
Tom Zant · License #6501453222
Source:
Crexi
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 23 at 5:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Group of Michigan
Investment Insights
Based on property information with market context.
118 Hoffman Street is a completely renovated mixed-use building originally constructed circa 1920, rebuilt with brand new finishes and systems. The property includes a street-level commercial suite and three residential apartments, with renovations taken down to the studs and completed in 2026. The building features new floor boards and updated electrical, HVAC, and plumbing, along with a new roof installed in 2021, combining historic character with a clean, modern interior.
Located in downtown Saugatuck, the building is within a walkable area near shops, dining, galleries, and the waterfront. The setting supports day-to-day pedestrian activity, with the commercial suite positioned at street level for convenient access. The residential apartments can also be operated as short-term rentals, providing additional flexibility for an operator seeking shorter stays alongside traditional leases.
For buyers, this layout offers a straightforward mixed-use approach: maintain a downtown storefront while collecting residential income from three separate apartment units. The rebuilt condition and comprehensive system upgrades help reduce near-term capital concerns, and the short-term rental option may appeal to operators who want to tailor usage to seasonal occupancy patterns.
Located in downtown Saugatuck, the building is within a walkable area near shops, dining, galleries, and the waterfront. The setting supports day-to-day pedestrian activity, with the commercial suite positioned at street level for convenient access. The residential apartments can also be operated as short-term rentals, providing additional flexibility for an operator seeking shorter stays alongside traditional leases.
For buyers, this layout offers a straightforward mixed-use approach: maintain a downtown storefront while collecting residential income from three separate apartment units. The rebuilt condition and comprehensive system upgrades help reduce near-term capital concerns, and the short-term rental option may appeal to operators who want to tailor usage to seasonal occupancy patterns.
Key Highlights
- Mixed‑use building with street‑level commercial suite and three residential apartments in downtown Saugatuck
- Taken down to the studs and rebuilt in 2026, creating a newly rebuilt interior with finishes
- Renovations include new electrical, HVAC, plumbing, new floor boards, and a new roof installed in 2021
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Siena Coffee House
Cafe & Coffee Shop
Saugie Bites
Restaurant
Siena Cafe
Restaurant
Earth Echos Jewelry
(Bike/Boat/Book/etc) Store
Bohemia
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Triplex - Street-level commercial space plus three newly rebuilt apartments offers flexible live-work or rental income use.
Where is this triplex located?
The property is located at 118 Hoffman Street Saugatuck, MI.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Mixed‑use building with street‑level commercial suite and three residential apartments in downtown Saugatuck; Taken down to the studs and rebuilt in 2026, creating a newly rebuilt interior with finishes; Renovations include new electrical, HVAC, plumbing, new floor boards, and a new roof installed in 2021
