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133 Butler Street

Saugatuck, MI 49453
  • $1,890,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 24004275
Price Reduced
UPDATED: 81 min ago
$1,890,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1940
County:

School Ratings & Info

School District:

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.

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© 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2024-02-28T08:57:13.577.
www.teamreaganhomes.com/homes/146823666
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133 Butler Street Saugatuck, MI 49453

  • Price: $1,890,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 81 min ago
  • MLS #: 24004275
0
Beds
1
Baths
0
½ Baths
0.13
Acres
1940
Built
Neighborhood:
Saugatuck City
County:
Allegan
School District:
Saugatuck-Douglas
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.
Exterior Features

Construction Materials Wood Siding Foundation Details Concrete PerimeterCombination Parking Total 5 Road Surface Type Paved Roof Rubber Waterfront YN No

Interior Features

Building Features Bath Common AreaFire SprinklerMulti User Facility Cooling Central Air Cooling YN Yes Heating YN Yes

Property Features

Auction Or For Sale For Sale Business Type OtherProfessional/OfficeProfessional ServiceRetail Cross Street Mason & Culver Documents Available Listing ContractSurveyChange Form Inclusions "Real Estate": true Lease Considered YN No Listing Terms ConventionalCash New Construction YN No Property Sub Type Business Sewer Public Sewer Tax Annual Amount 25254 Tax Year 2023 Tenant Pays ElectricityGas Utilities Phone AvailableStorm Sewer AvailablePublic Water AvailablePublic Sewer AvailableNatural Gas AvailableElectric AvailableCable AvailableBroadband AvailablePhone ConnectedNatural Gas ConnectedElectric ConnectedCable Connected Water Source Public Zoning CC-C1

Listing provided courtesy of Tammy Kerr of CENTURY 21 Affiliated: 269-857-2121. © 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2024-02-28T08:57:13.577.
 
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