118 Hoffman Street, Saugatuck, MI 49453

Building Details

Year Built

1925

Listing agent Tom Zant License #6501453222

Listing office Equity Group of Michigan

Listing date Jun 3, 2026

Source Crexi

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Overview

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.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center Nail Salon

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

Location Insight

• Map
• Local Demand

City

Saugatuck

County

Allegan

State

Michigan

Longitude

-86.2048312

Latitude

42.6567372

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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