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Historic Mixed-Use Building in Saugatuck
For Sale
$2,225,000
Pending

439 Butler Street, Saugatuck, MI 49453

Two-story brick building with residential and commercial rentals.

Property Size9,176 SF
Lot Size0.09 Acres
Days on Market671

Property Features for 439 Butler Street

General Information

Standard status Pending
Size 9,176 SF
Lot size 0.09 Acres
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $45,061

Building Details

Year Built 1904
Listing Agency: CENTURY 21 Affiliated
Listed By: Elizabeth Ann Engel · License #6502381359
Source: Exitrealty
Added: Oct 15, 2024 Changed: Aug 14 Last Checked: Aug 14 at 6:03AM

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 CENTURY 21 Affiliated

Investment Insights

Based on property information with market context.

This two-story historic brick building is located on Butler Street in downtown Saugatuck. The property features maple floors, decorative tin ceilings, a full basement, and ample parking. The building includes three residential rental units upstairs, each with newer mechanics. Residential unit 1 has a fireplace, two bedrooms, and two bathrooms. Residential unit 2 has one bedroom and one bathroom. Residential unit 3 has one bedroom, one bathroom, a fireplace, and sliders to a private 30x30 deck. The main level features five established commercial rental spaces. The back commercial area has been converted into shops and businesses, each with separate heat and air conditioning and a common bathroom. The property is located one block from the Kalamazoo River and next to city parks, offering open visibility from Butler Street. The property size is 9176 square feet.

Key Highlights

  • Historic brick building in downtown Saugatuck on Butler Street.
  • Includes 3 unique residential rentals upstairs and 5 established commercial rentals on the main level.
  • Located one block from the Kalamazoo River and next to city parks.

Property Analytics

Current Use

Satya Yoga Gym & Fitness Center The Butler Pantry Home Decor Store Back to the Fuchsia (Bike/Boat/Book/etc) Store In The Elements Rental & Bike ... Cycling Facility

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story brick building with residential and commercial rentals.
Where is this mixed-use property located?
The property is located at 439 Butler Street Saugatuck, MI.
What is the asking price?
The asking price for this property is $2,225,000.
What are key features of this property?
This property features: Historic brick building in downtown Saugatuck on Butler Street.; Includes 3 unique residential rentals upstairs and 5 established commercial rentals on the main level.; Located one block from the Kalamazoo River and next to city parks.
More about this property
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