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    Property profile & analytics

    447 Butler St Saugatuck, MI 49453

    • Bed & breakfasts
    • 5,577 SF
    • 0.18 lot acres
    For Sale
    View listing
    $1,550,000
    Value Estimation
    Location Intelligence
    Property ID
    US43-2462549
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Inn of Saugatuck / Bed & Breakfast
    • CENTER STAGE SALON / Beauty Salon

    Property Details for 447 Butler St

    Year built
    1904
    Lot size
    0.18 lot acres
    Property size
    5,577 SF
    Zone code
    CC-CITYCENT C1
    Property type
    Bed & breakfasts
    APN
    57-300-063-00
    APU
    5730006300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $485,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $505,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $455,000
      Retail
      $525,000
      Mixed-Use
      $425,000
      Hospitality
      $505,000
      Educational
      $445,000
      Residential Income
      $410,000
      Energy
      $520,000
      Income-Based Land
      $485,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    Saugatuck
    County
    Allegan
    State
    Michigan
    Longitude
    -86.2038
    Latitude
    42.6582
    CBSA code
    26090
    CBSA name
    HOLLAND, MI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $144,100
    $241,000
    $385,100
    -
    $288,200
    $482,000
    $770,200

    Comparable in this City

    • Value Estimation
      $1,680,000
      4,276 SF

      401 403rd 405th 407th Park

      BED & BREAKFAST • 4,276 SF
      401 403rd 405th 407th Park, Saugatuck, MI 49453
      View Details
    • Value Estimation by Request
      6,215 SF

      510 Butler St

      BED & BREAKFAST • 6,215 SF
      510 Butler St, Saugatuck, MI 49453-9451
      View Details
    • Value Estimation
      $540,000
      2,830 SF

      450 Culver St

      BED & BREAKFAST • 2,830 SF
      450 Culver St, Saugatuck, MI 49453
      View Details
    • Value Estimation
      $475,000
      3,659 SF

      227 Griffith St

      BED & BREAKFAST • 3,659 SF
      227 Griffith St, Saugatuck, MI 49453-8603
      View Details
    • Value Estimation
      $410,000
      4,614 SF

      888 Holland St

      BED & BREAKFAST • 4,614 SF
      888 Holland St, Saugatuck, MI 49453-9607
      View Details
    • Value Estimation
      $645,000
      8,140 SF

      3656 63rd St

      HOTEL • 8,140 SF
      3656 63rd St, Saugatuck, MI 49453-9705
      View Details

    Similar Nearby for Sale

    • $1,550,000
      Pending

      Historic Saugatuck Bed and Breakfast

      Historic 7-bedroom bed and breakfast in Saugatuck, Michigan.
      447 Butler St, Saugatuck, MI 49453
      View Details
    • $2,250,000
      9,176 SF

      Saugatuck Retail Investment Opportunity

      Historic Downtown Building, Mixed-Use Income
      439 Butler St, Saugatuck, MI 49453
      View Details
    • $2,250,000
      9,176 SF

      Saugatuck Mixed-Use Investment Opportunity

      Historic Downtown Saugatuck Building, High Returns
      439 Butler St, Saugatuck, MI 49453
      View Details
    • $195,000
      0.52 Acres

      Secluded Wooded Parcel Near Oval Beach

      Wooded parcel with nature views near Kalamazoo River and Lake Michigan.
      Vl Park St, Saugatuck, MI 49453
      View Details
    • $265,000
      0.52 Acres

      Land in Saugatuck's Sugar Hill

      Land for custom modern home in Saugatuck, Michigan.
      301 Sugar Hl Ct, Saugatuck, MI 49453
      View Details
    • $115,000
      1.50 Acres

      Saugatuck Commercial Land For Sale

      1.5 acre commercial land suitable for storage or light industrial.
      Lot Jack Wilson Dr, Saugatuck, MI 49453
      View Details

    Similar Nearby for Lease

    • $3,000 /Mo
      Pending

      Prime Retail Space in Saugatuck

      2000 sqft retail space in updated building on Water St.
      650 Water St, Saugatuck, MI 49453
      View Details
    • $6 SF/Yr
      6,560 SF

      Saugatuck Cold Storage Warehouse Space

      Cold storage warehouse space for lease in Saugatuck, Michigan.
      6179 Blue Star Hwy, Saugatuck, MI 49453
      View Details
    • $6 SF/Yr
      17,300 SF

      Industrial Facility on Blue Star Highway

      Functional industrial facility with warehouse and office space for lease.
      6189 Blue Star Hwy, Saugatuck, MI 49453
      View Details
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    447 Butler St
    Saugatuck, MI 49453
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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