Building Details

Year Built 2027

Units 1

Listing Agency: Cornerstone Real Estate

Listed By: Jack Brown Show Phone

Source: Elliman

Added: Sep 4 Last Checked: Sep 4 at 2:50PM

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Investment Insights

Based on property information with market context.

Planned for completion in August 2027, this new ground-floor commercial space will occupy the full first level at 640 Water St in Saugatuck. The 1,770-square-foot layout offers a flexible setting for retail, specialty shops, galleries, personal services, financial institutions, or professional offices. Restaurant and bar uses are permitted by right within the C-1 City Center Commercial District, while certain food and beverage concepts may require special land use approval.

The property sits directly along the Kalamazoo River and includes a private rear patio with water views, extending the usable customer area beyond the interior. Up to five boat slips behind the property may also be available for lease separately. Walk Score is 14 and Bike Score is 28, with the site primarily oriented toward automobile access.

Key Highlights

• 1,770 SF of planned ground‑floor commercial space
• Estimated completion in August 2027
• Private rear patio with Kalamazoo River views

Property Analytics

Property Profile

Current Use

Saugatuck/ Holland Area ... Boat Rental Service Always on Fishing Charters Tour Operator

Suggested Use

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

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

NNN (Triple Net)

Lease Type

$4.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

439

Businesses Nearby

4k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Apparel 81% Dining 19%

Glik's Apparel

2,994 visits/mo 0.2 miles

Kilwin's Dining

689 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

Similar For Rent Nearby

Waterfront Retail Space

640 Water Street, Saugatuck, MI 49453

$32 SF/Yr

1,770 sqft

View details

Storefront Space with Exterior Updates

650 Water Street, Saugatuck, MI 49453

$3,000/Mo

2,000 sqft

View details

Frequently Asked Questions

What type of property is this?

Retail space - New construction commercial space with riverfront patio access and flexible C-1 City Center Commercial District uses.

Where is this retail space located?

The property is located at 640 Water St Saugatuck, MI.

What is the lease rate?

The lease rate is $32 SF/Yr.

What are key features of this property?

This property features: 1,770 SF of planned ground‑floor commercial space; Estimated completion in August 2027; Private rear patio with Kalamazoo River views