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Waterfront Retail Space
New
For Lease
$32 SF/Yr

640 Water Street, Saugatuck, MI 49453

Commercial Lease, Saugatuck, MI

Space Size1,770 SF
Lot Size0.30 Acres
Days on Market2

Property Features for 640 Water Street

General Information

Property type Commercial Lease
Property subtype Retail
Property condition Under Construction
Zoning description C-1
Fireplace 1
Elementary school district Saugatuck-Douglas
Middle school district Saugatuck-Douglas
High school district Saugatuck-Douglas
Standard status Active
APN 57-300-030-00
Size 1,770 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description LOT 30 & N 1/2 LOT 31 KALAMAZOO PLAT.
Legal Description LOT 30 & N 1/2 LOT 31 KALAMAZOO PLAT.

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air
Water front 1

Amenities

private rear patio
water views
boat slips

Building Details

Year built 2027
Building materials Wood Siding, Metal Siding
Roof type Metal, Composition
Listing Agency: Cornerstone Real Estate
Listed By: Jack Brown
Added: Sep 2 Last Checked: Sep 3 at 8:06AM
MLS# 26046764

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 1,770-square-foot retail space occupies the full first floor of a new-construction commercial building currently under development, with estimated completion in August 2027. The property includes a private rear patio with views of the Kalamazoo River and is planned with central air, forced-air heating, metal and composition roofing, and wood and metal siding. A fireplace and cable availability are also included in the property specifications.

Located at 640 Water Street in Saugatuck, the 0.3-acre property is within the C-1 City Center Commercial District. The zoning supports a range of uses by right, including boutique and specialty retail, art galleries and artisan studios, personal services, financial institutions, professional offices, and restaurant or bar operations. Special land-use approval may support additional waterfront-oriented food and beverage or outdoor dining concepts.

Key Highlights

  • 1,770 square feet spanning the entire first floor
  • Private rear patio with Kalamazoo River views
  • Estimated August 2027 completion for new construction

Property Analytics

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor commercial space with a private patio overlooking the Kalamazoo River.
Where is this retail space located?
The property is located at 640 Water Street 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 square feet spanning the entire first floor; Private rear patio with Kalamazoo River views; Estimated August 2027 completion for new construction
More about this property
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