Flex Building with Overhead Door
6398 Blue Star Highway Saugatuck, MI 49453
6398 Blue Star Highway, Saugatuck, MI, 49453
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For Sale
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A 4,000 SF flex-style building with overhead door access, office area, kitchen/break area, and storage on 3.274 acres.
Property Size4,000 SF
Lot Size3.27 Acres
Price / SF$375
Days on Market77
Property Features for 6398 Blue Star Highway
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 3.27 Acres
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 2006
Listing agency
Wildlife Realty
(231) 652-7000
Listed by
Blake VerWoert · License #6502424945
Source
Crexi
Added: May 7 Updated: Jul 22 at 4:33AM Checked: Jul 22 at 4:33AM
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 Wildlife Realty
Investment Insights
Based on property information with market context.
This 4,000 SF commercial building was built in 2006 and features poured-wall construction with a versatile interior layout suited for retail, showroom, service, warehouse, or mixed commercial use. The building includes office space, a kitchen/break area, two bathrooms, storage, and overhead door access, supported by underground utilities and municipal water and sewer service.
The property sits on 3.274 acres and is described as located just off Blue Star Highway at Exit 41 off US-196, with traffic light access nearby and strong northbound traffic counts. The site offers ample parking along with flexibility for outdoor display, expansion, or future development, and it is supported by an up-to-date survey.
The building’s combination of office amenities and warehouse-style access makes it well-suited for businesses that need both customer-facing space and practical operational functionality.
The property sits on 3.274 acres and is described as located just off Blue Star Highway at Exit 41 off US-196, with traffic light access nearby and strong northbound traffic counts. The site offers ample parking along with flexibility for outdoor display, expansion, or future development, and it is supported by an up-to-date survey.
The building’s combination of office amenities and warehouse-style access makes it well-suited for businesses that need both customer-facing space and practical operational functionality.
Key Highlights
- 4,000 SF commercial building built in 2006 with poured‑wall construction
- C‑3 commercial zoning on 3.274 acres with ample parking and outdoor display capability
- Versatile layout for retail, showroom, service, warehouse, or mixed commercial use; previously a sporting goods store
Local 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 | $68.2k | $17.04 |
| − Vacancy | −$9.4k | −$2.35 |
| EGI | $58.8k | $14.69 |
| − OpEx | −$14.7k | −$3.67 |
| NOI | $44.1k | $11.02 |
4,000 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$629.5K
$550.8K – $734.4K
NOI $44,065 @ 7.0% cap · market cap 2.94%
Second Best
Retail
$593.2K
$519.1K – $692.1K
NOI $41,524 @ 7.0% cap · market cap 2.77%
Theoretical Best
Hotel Hospitality
$37.56M
$32.87M – $43.82M
NOI $2,629,489 @ 7.0% cap · market cap 175.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lakeshore Guns
Gun Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - A 4,000 SF flex-style building with overhead door access, office area, kitchen/break area, and storage on 3.274 acres.
Where is this flex space located?
The property is located at 6398 Blue Star Highway Saugatuck, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,000 SF commercial building built in 2006 with poured‑wall construction; C‑3 commercial zoning on 3.274 acres with ample parking and outdoor display capability; Versatile layout for retail, showroom, service, warehouse, or mixed commercial use; previously a sporting goods store
