Zoned Commercial Work
3383 Blue Star Highway Saugatuck, MI 49453
New
For Sale
$350,000
COMMERCIAL - Saugatuck, MI
Property Size1,280 SF
Lot Size0.67 Acres
Price / SF$273.44
Days on Market2
Property Features for 3383 Blue Star Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Standard status
- Active
- APN
- 20-010-013-10
- Size
- 1,280 SF
- Lot size
- 0.67 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- See Attached
- Tax Annual Amount
- 4475
Utilities
- Sewer type
- Septic Tank
- Heating system
- Radiant
- Cooling system
- Central Air
Building Details
- Year built
- 1984
- Number of units
- 1
- Building materials
- Metal Siding
- Roof type
- Composition
Listing Agency:
BHG Connections
(269) 400-5400
Listed By:
Kevin Schippa · License #6501380122
(616) 212-3391
Added: Jul 24
Last Checked: Jul 25 at 8:06AM
MLS# 26038350
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.
Investment Insights
Based on property information with market context.
This for-sale commercial property includes a 1,280-square-foot open floor plan work studio. The space is equipped with a bathroom, AC, natural gas, and public water.
The site totals 0.67 acres and offers 100 feet of road frontage on Blue Star Highway, with less than 5 minutes to Downtown Saugatuck.
The property is zoned C-1 and is described as offering a multitude of possibilities under the current zoning framework.
The site totals 0.67 acres and offers 100 feet of road frontage on Blue Star Highway, with less than 5 minutes to Downtown Saugatuck.
The property is zoned C-1 and is described as offering a multitude of possibilities under the current zoning framework.
Key Highlights
- Zoned C‑1 commercial property on Blue Star Hwy with 100' of road frontage
- On 0.67‑acre lot, less than 5 minutes to downtown Saugatuck
- Includes 1,280 SF open floor plan work studio with bathroom
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.8k | $17.04 |
| − Vacancy | −$3.0k | −$2.35 |
| EGI | $18.8k | $14.69 |
| − OpEx | −$4.7k | −$3.67 |
| NOI | $14.1k | $11.02 |
1,280 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$201.4K
$176.3K – $235.0K
NOI $14,101 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$12.02M
$10.52M – $14.02M
NOI $841,437 @ 7.0% cap · market cap 240.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Polka Dot Mitten
Art Studio
FAQs
What type of property is this?
Creative space - A 1,280-square-foot open floor plan work studio sits on 0.67 acres with 100 feet of road frontage.
Where is this creative space located?
The property is located at 3383 Blue Star Highway Saugatuck, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Zoned C‑1 commercial property on Blue Star Hwy with 100' of road frontage; On 0.67‑acre lot, less than 5 minutes to downtown Saugatuck; Includes 1,280 SF open floor plan work studio with bathroom
