$1,490,000
Douglas, MI 49406
MLS# 26014228
4 baths | 4548 sqft
1 / 46
Property Description
Three-story mixed-use commercial/residential building in the heart of downtown Douglas offering exceptional flexibility and income potential. Remodeled in 2025, this distinctive property was relocated onto a new foundation in 2002 and features three apartments approved for either short-term or long-term rentals. The main floor is currently configured as two commercial retail units, with the option to reconfigure into one to three spaces to suit a variety of business needs. Recent improvements by the current owner include a new one-bedroom lower-level apartment with patio and additional unfinished rooms. Live in the lower unit and generate income from the remaining residential and commercial spaces, creating an ideal owner-occupant or investment opportunity. Additional highlights include six private parking spaces and a prime downtown location with multiple revenue streams. Tenants pay utilities. All appliances included.
Details
Maps
Location Property Info
County: Allegan
Street #: 98
Street Direction: W
Street Name: Center
Suffix: Street
State: MI
Zip Code: 49406
Zip (4): 5110
OfficeContract Info
Status: Active
Current Price: $1,490,000
List Price: $1,490,000
Listing Date: 2026-03-20
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.2
Lot Square Footage: 8712
Lot Dimensions: 66 x 132
Year Built: 1900
Road Frontage: 66
Year Remodeled: 2025
Total # Units: 6
# Fin Bldg Lvls: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total SqFt: 4548
Property Use Type: Business
Full Baths: 4
Total Baths: 4
Waterfront: No
School District: Saugatuck-Douglas
Tax Info
Tax ID #: 59-551-002-00
Taxable Value: 438200
SEV: 438200
For Tax Year: 2026
Seller's Annual Property Tax: 24400
Tax Year: 2026
Spec Assessment & Type: None
Non-Conforming Use: No
Remarks Misc
Directions: Blue Star to Center, east to downtown on north side of street
Additional Details
Total Parking Spaces: 6
Waterfront Options
Water Access Y/N: No
Unit 1
Unit Description: Retail #1
SqFt: 500
Occupied: Yes
Rent $/Month: 1300
# Baths: 2
Unit 2
Unit Description: Retail #2
SqFt: 950
Occupied: Yes
Rent $/Month: 1500
# Baths: 1
Unit 3
Unit Description: Apartment 1
SqFt: 502
Occupied: No
# Baths: 1
Unit 4
Unit Description: Apartment 2
SqFt: 913
Occupied: Yes
Rent $/Month: 2000
Unit 5
Unit Description: Apartment 3
SqFt: 795
Occupied: Yes
Rent $/Month: 1800
# Baths: 1
Property Features
Uses: Professional Service; Professional/Office; Retail; Other
Business Includes: Real Estate
Construction Type: Concrete; Frame/Wood; Steel
Exterior Material: Concrete; Wood Siding
Roofing: Composition
Below Grade: Basement; Walk-Out Access
Additional Features: Bath Common Area; Fire Sprinkler; Multi User Facility; Util Sep Mt
Tenant Pays All: Electric; Gas; Sewer; Water
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: High Speed Internet
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Easement; Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Possession: Negotiable
Listing Office: Jaqua Realtors
Listing Agent: Rob Joon
Last Updated: April - 08 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
