Financial
Distress signals
Property profile

246 Butler St Saugatuck, MI 49453

OFF-MARKET
Retail space
Property ID
US43-2238836
333 SF 0.01 ac lot Built 1950
Last sale Oct 2025 · $320,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 246 Butler Street is located in Saugatuck, Michigan, on Butler Street near marinas and parks on Lake Michigan, within a year-round retail and entertainment area. The building has been remodeled and includes a block wall, with improvements such as a new front door, insulation, HVAC system, bathroom with Kohler fixtures, water heater, new flooring, new drywall, updated block wall components, and new electrical systems. The space comprises approximately 346 square feet and is configured to support a range of business uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2024$31k
Assessed land$6k
Assessed improvement$25k

Value estimate

· Sep 2026
$315k
$284k – $347k
AI approach$360k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$127/SF
County average, outlier-cleaned · 58 recorded sales of this use type
Observed band · Q1–Q3$41 – $220

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALLEGAN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.7
Wholesale Shop9.2
Locksmith8.7

Location

246 Butler St Saugatuck, MI 49453-9493
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3383 Blue Star, Saugatuck, MI 49453-9724 $330,000 Jun 2025 1,280 SF
360 Water, Saugatuck, MI 49453-8431 $1,410,000 Dec 2024 480 SF
403 Water, Saugatuck, MI 49453 $216,000 Sep 2024 980 SF
314 Butler, Saugatuck, MI 49453-9499 $500,000 Dec 2023 936 SF
242 Butler, Saugatuck, MI 49453-9493 $370,000 Sep 2021 1,842 SF
318 Butler, Saugatuck, MI 49453 $340,000 Jul 2019 1,287 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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