133 Butler Street, Saugatuck, MI

Retail for Sale - $1,890,000


Agent Info

Tammy Kerr
CENTURY 21 Affiliated

Property Info

CIMLS#1154094
Location
  133 Butler Street
  Saugatuck MI 49453
UpdatedFebruary 28th, 2024
TypeRetail
Price$1,890,000

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.


Financials