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Waterfront Ground-Floor Retail Space
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640 Water Street, Saugatuck, MI 49453

New construction commercial space with a private riverfront patio and potential access to boat slips.

Property Size1,790 SF
Price / SF$0.02
Days on Market4

Property Features for 640 Water Street

General Information

Standard status Active
Size 1,790 SF
Zoning C-1

Amenities

private rear patio
Listing Agency: Cornerstone Real Estate
Listed By: Jack Brown
Source: Brendaharrisgroup
Added: Sep 22 Changed: Sep 23 Last Checked: Sep 24 at 8:48AM

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 Cornerstone Real Estate

Investment Insights

Based on property information with market context.

This ground-floor commercial property is currently under development, with estimated completion in August 2027. The entire first floor provides 1,790 square feet of adaptable space, complemented by a private rear patio with views toward the Kalamazoo River. The property is located within Saugatuck’s C-1 City Center Commercial District.

C-1 permitted uses include restaurant and bar operations, boutique and specialty retail, art galleries, artisan studios, personal service businesses, financial institutions, and professional offices. Up to five boat slips directly behind the property may also be available, subject to separate arrangements. The waterfront setting and outdoor patio support a range of commercial concepts, including food and beverage, retail, service, and office uses.

Key Highlights

  • 1,790 SF of ground‑floor commercial space spanning the entire first floor
  • Estimated completion in August 2027
  • Private rear patio with Kalamazoo River views

Property Analytics

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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.

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby
4k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - New construction commercial space with a private riverfront patio and potential access to boat slips.
Where is this retail space located?
The property is located at 640 Water Street Saugatuck, MI.
What are key features of this property?
This property features: 1,790 SF of ground‑floor commercial space spanning the entire first floor; Estimated completion in August 2027; Private rear patio with Kalamazoo River views
More about this property
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