Building Details

Tenancy Multi

Listing Agency: KW Commercial Grand Rapids West

Listed By: Larry Branscombe · License #MI 6502381307

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Aug 8 at 8:51AM

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Investment Insights

Based on property information with market context.

This is a two-unit residential income property offered for sale. The listing describes a multifamily configuration with two separate units.

The property is located at 547 Butler St in Saugatuck, Michigan.

The current offering is presented as $275,000 per unit, reflecting the value of both units within the two-unit structure.

Key Highlights

• Two‑unit multifamily property
• Offered for $275,000 per unit
• Located in Saugatuck, Michigan

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Garden Center Locksmith (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

2

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

452

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Duplex - Two-unit multifamily property offered for sale in Saugatuck, Michigan.

Where is this duplex located?

The property is located at 547 Butler St Saugatuck, MI.

What are key features of this property?

This property features: Two‑unit multifamily property; Offered for $275,000 per unit; Located in Saugatuck, Michigan