439 Butler St Saugatuck, MI 49453

Property Details for 439 Butler St

Year built

1904

Lot size

0.09 lot acres

Property size

2,500 SF

Property type

Commercial real estate

APN

57-300-064-00

APU

5730006400

Description

This exceptional mixed-use property in the heart of Saugatuck, Michigan presents a unique investment opportunity. The 9,176 square foot building boasts a beautiful brick façade and is situated on a 0.09-acre lot on Butler Street, just a block from the Kalamazoo River and adjacent to city parks. Its prime location offers excellent visibility from the bustling street. The building features a blend of residential and commercial spaces, providing diverse income streams. Upstairs, three unique residential units offer a mix of amenities. One unit includes two bedrooms, two bathrooms, and a fireplace. Another features one bedroom and one bathroom, while the third boasts one bedroom, one bathroom, a fireplace, and access to a private 30x30 foot deck. All residential units benefit from newer mechanical systems. Downstairs, five established commercial spaces are currently leased to thriving businesses. Each commercial unit is equipped with its own heating and air conditioning, and they share a common bathroom. The building also includes a full basement and ample parking. Original features such as maple floors and decorative tin ceilings add to the property's charm and historical significance. This property offers a compelling combination of historical character, strong rental income, and a highly desirable location. The asking price is $2,250,000.