Flex Building with Overhead Door
For Sale
Contact for pricing
6398 Blue Star Highway, Saugatuck, MI 49453
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$247.50
Days on Market170
Property Features for 6398 Blue Star Highway
General Information
Standard status
Active
Size
4,000 SF
Total Parking Spaces
20
Lot size
3.27 Acres
Property subtype
Retail, Office, Mixed Use
Zoning
C-3
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Drive-In Doors
1
Building Details
Year Built
2006
Units
20
Listing Agency:
Wildlife Realty
Listed By:
Blake VerWoert · License #6502424945
(616) 308-3122
Source:
Crexi
Added: May 7
Changed: Oct 15
Last Checked: Oct 23 at 7:16AM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,524
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$830,480
$830.5K
Cap Rate 7%
$593,200
$593.2K
Cap Rate 9%
$461,378
$461.4K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$61.9K $15.48/SF
− Vacancy
−$2.6K −$0.65/SF
EGI
$59.3K $14.83/SF
− OpEx
−$17.8K −$4.45/SF
NOI
$41.5K $10.38/SF
Area
Allegan County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$830,480
Cap Rate 7%
$593,200
Cap Rate 9%
$461,378
Alternative Uses
Best Use
Retail
$593.2K
$519.1K – $692.1K
NOI $41,524 @ 7.0% cap · market cap 4.19%
Second Best
Industrial
$267.2K
$233.8K – $311.8K
NOI $18,705 @ 7.0% cap · market cap 1.89%
Theoretical Best
Hotel Hospitality
$37.56M
$32.87M – $43.82M
NOI $2,629,489 @ 7.0% cap · market cap 265.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Well-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
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 $990,000.
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
