650&640 Water Street $1,750,000

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    650&640 Water Street Saugatuck, MI 49453

    Closed
    SOLD 10/15/2021

    $1,750,000

    Market Estimate
    • 5,629 sq. ft.
    • 0.50 Acres
    • Commercial
    • MLS# 19059118
    650&640 Water Street, Saugatuck, MI 49453
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    Listing provided courtesy of: Coldwell Banker Woodland Schmidt Saugatuck
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    Property Details

    Rare opportunity to purchase Commercial property with Kalamazoo River frontage right in the heart of Saugatuck. Property consists of two parcels with 165' of frontage. 9 docks, two commercial storefronts ( currently leased) and two rental units offering great income potential with many options.

    • General Features
      • Year Built 1956
      • New Construction Y/N false
      • Business Type Retail,Recreation
      • County Or Parish Allegan
      • Property Sub Type Business
      • Tax Annual Amount 16250.0
    • Building Features
      • Construction Materials Wood Siding
      • Building Area Total 5629.0
      • Roof Composition
      • Number Of Units Total 0
      • Heating Y/N true
      • Heating Forced Air
      • Full Bathrooms 4
      • Bathrooms 4
    • Property Features
      • Lot Size Acres 0.5
      • Lot Size Area 0.5
      • Number Of Buildings 2
      • Water Body Name Kalamazoo River
      • Utilities Public Sewer, Cable Connected
      • Waterfront Y/N true
      • Waterfront Features Dock, Private Frontage
    • Schools
      • High School District Saugatuck-Douglas

    Neighborhood

    49453 (Saugatuck) Demographics

    50 Median Age
    248 Population Density (per sq. mile)
    57% College Educated
    $80,926 Estimated Median Income
    1,093 Estimated Total Home Owners
    233 Estimated Total Renters
    82% / 18% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    2,941 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $575,000 Median Sales Price
    6 Homes Sold
    18 New On Market

    Average Days on Site

      Properties for Sale
        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        10/15/2021 3:00:00 AM Sold Source: Multiple Listing Service New Value: $1,750,000
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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.