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Mixed-Use Property with Restaurant
For Sale
$1,695,000

118 Hoffman Street, Saugatuck, MI 49453

Commercial Sale, Saugatuck, MI

Property Size3,450 SF
Lot Size0.67 Acres
Price / SF$491.30
Days on Market93

Property Features for 118 Hoffman Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 5, Bathroom 2
Elementary school district Saugatuck-Douglas
Middle school district Saugatuck-Douglas
High school district Saugatuck-Douglas
Directions I-196 to exit 41, West on Blue Star Hwy to Holland St. Continue west on Holland St to Hoffman St. West to address. Between Water Street and Butler Street.
Standard status Active
APN 57-300-105-00
Size 3,450 SF
Lot size 0.67 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description E 41 FT OF LOT 104 KALAMAZOO PLAT.
Tax Annual Amount 17340
Legal Description E 41 FT OF LOT 104 KALAMAZOO PLAT.

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Amenities

covered porch

Building Details

Year built 1900
Number of units 4
Building materials Vinyl Siding
Roof type Rubber, Metal
Listing Agency: Coldwell Banker Woodland Schmidt · Coldwell Banker Real Estate
Listed By: Jeff West
Added: Jul 23 Changed: Oct 22 Last Checked: Oct 23 at 1:06PM
MLS# 26038099

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.

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Investment Insights

Based on property information with market context.

At 118 Hoffman Street, this 3,450-square-foot mixed-use property combines three residential rental units with a ground-floor restaurant, bar, and lounge. The building dates to 1900 and has been renovated. A covered porch on the upper level offers views across downtown and partial views of the Kalamazoo River.

The property occupies a 0.67-acre lot in downtown Saugatuck, near shops, galleries, waterfront areas, and dining destinations. Its combination of residential units and a street-level restaurant and bar brings multiple uses together in one property.

Key Highlights

  • Three residential rental units above a restaurant, bar, and lounge
  • 3,450‑square‑foot building on a 0.67‑acre lot
  • Covered upper‑level porch with downtown views and glimpses of the Kalamazoo River

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

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

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Locksmith (Bike/Boat/Book/etc) Store Bakery Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 81% Dining 19%
Glik's Apparel
2,994 visits/mo 0.1 miles
Kilwin's Dining
689 visits/mo 0.1 miles

Demographics for 49453, MI

2,950
Population
2,113
Households
1.4
Avg Household Size
53
Median Age
52%
College-Educated
98%
High-School Grad
10.4 sq mi
ZIP Area
284
Density / Sq Mi
$101,250
Median Household Income
$49,970
Median Earnings
$766
Median Rent
$487,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three residential rentals are positioned above a street-level restaurant and bar, with a covered porch on the upper level.
Where is this mixed-use property located?
The property is located at 118 Hoffman Street Saugatuck, MI.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Three residential rental units above a restaurant, bar, and lounge; 3,450‑square‑foot building on a 0.67‑acre lot; Covered upper‑level porch with downtown views and glimpses of the Kalamazoo River
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