241 Butler Street, Saugatuck, MI 49453 (MLS # 25020840)

PRICE	$685,000
SIZE	1,928 sqft
LOT SIZE	3,050 sqft

''BUILDING ONLY SALE'' Prime Commercial Building on the main street of Saugatuck (Butler Street). This is a historic building in the heaviest foot traffic area of the historic district of Downtown Saugatuck. The tenant, ''Momentum'', is a clothing chain with this store being their highest volume store. 241 Butler Street has a large backyard with a ''private'' easement off of Hoffman Street for access to the back. This is also very rare in the downtown historic district.The current ''net rental income'' is approximately $57,600 annually, giving the investor a 8.4% annual yield, not including annual appreciation. There is no land available to build competing commercial buildings in downtown Saugatuck, which make this building steady in appreciation year after year.

DAYS ON MARKET	1	LAST UPDATED	5/9/2025
YEAR BUILT	1920	COMMUNITY	Outside MichRIC Area - Z
COUNTY	Allegan	STATUS	Active
PROPERTY TYPE(S)	Commercial

SCHOOLS

School District	Saugatuck-Douglas

ADDITIONAL DETAILS
AREA	Outside MichRIC Area - Z
CONSTRUCTION	Brick
HEAT	Electric, Forced Air, Natural Gas
LOT	3049 sq ft
LOT DIMENSIONS	25X129
SEWER	Public Sewer
TAXES	6682
UTILITIES	Natural Gas Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
WATER	Public

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Listing provided by USRealty.com LLP, Joseph Kendrick

Updated 5/9/25 11:31 PM PDT

Information Deemed Reliable But Not Guaranteed.

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