Address
133 Butler Street, Saugatuck, MI
Price
$ 1,890,000
Property Attributes
- MLS#24004275
- TypeCommercial
- CountyALLEGAN
- CitySaugatuck
- AreaSaugatuck City
- NeighborhoodSaugatuck City
- Zip49453
- StyleBusiness
- Year Built1940
- Taxes$ 25254
- Price$ 1,890,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Lot Size0.13 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Great investment property located in downtown Saugatuck. The building was remodeled in 1999. Currently leased. Each tenant pays for their gas and electric. Owner pays for shared common area gas and electric, water and waste. Currently there are 2 retail spaces 560 sq feet and 1242 sq ft, 1 office space 842 sq ft and 2 apartments 1115 sq ft and 877 sq ft. income is 10,400 a month until September 2024. 10 yr lease on Chantal's until 2034. $3000 a month for 560 sq ft. The rest are yearly. The office and back apartment end September 2024. Front apartment is owner occupied and is $3000/month till Sept 2025. Business not for sale, only the building.
| Price History | |
|---|---|
| 1/22/2024 | Listed $1,950,000 |
| 2/21/2024 | 4% - $1,890,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Cooling | Central Air |
| Utilities | Phone Available,Storm Sewer Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Cable Available,Broadband Available,Phone Connected,Natural Gas Connected, |
| Possession | Close Of Escrow |
| Roof | Rubber |
| Construction Materials | Wood Siding |
| Year Built | 1940 |
| Tenant Pays | Electricity,Gas |
| Township | Saugatuck City |
| Property SubType | Business |
| Tax Year | 2023 |
| Business Type | Other,Professional/Office,Professional Service,Retail |
| County | Allegan |
| New Construction | No |
| Property Type | Commercial Sale |
| Building Features | Bath Common Area,Fire Sprinkler,Multi User Facility |
| Status | Active |
| Directions | Holland St to Francis St. to Butler St. |
| City | Saugatuck |
| High School District | Saugatuck-Douglas |
| Zoning Description | CC-C1 |
| Total Units | 5 |
| MLS Area | Holland/Saugatuck - H |
| Lot Size Square Feet | 5532.0 |
| Waterfront Y/N | No |
| Street Name | Butler |
| Land Lease Y/N | No |
| Tax Annual Amount | 25254.0 |
| Lease Renewal Y/N | No |
| MLS Area Minor | Holland/Saugatuck - H |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/wmlar/24004275 |
| Availability Date | 2024-09-01 |
| Days on Market | 122 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Tax Assessed Value | 423555 |
| Ownership Type | LLC |
| MobileHomeRemainsYN | No |
| Legal Description | LOT 174 EX N 24 FT Kalamazoo Plat,Tax Map: 0.12 AC |
| Senior Community | None |
Interior Features
| Total Fireplaces | 1 |
|---|---|
| Total Stories | 2 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Full Baths | 1 |
| Street Suffix | Street |
| Electric On Property Y/N | No |
| Total Baths | 1 |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking | 5.0 |
| Inclusions | {u'Real Estate': True} |
| Lot Size Area | 0.13 |
| Foundation Details | Concrete Perimeter,Combination |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 6084.0 |
| Lot Dimensions | 42 x 132 |
| Lot Size Acres | 0.13 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 49453
Price
Taxes
Visits
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update May 21, 2024 1:49 PM UTC
Water Wonderland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
