$1,695,000
118 Hoffman Street
118 Hoffman Street, Saugatuck, MI
- bed
- 4bed
- bath
- 4bath
- sq ft
- 3,450sq ft
- acres
- 0.67acres
- / sq ft
- $491/ sq ft
- built
- 1900built
Listed by Jeff West, Coldwell Banker Woodland Schmidt. Rennie Barton can represent you as the buyer on this property.
Overview
An exceptional opportunity to own one of Downtown Saugatuck's landmark mixed-use properties on picturesque, tree-lined Hoffman Street. Beautifully renovated while preserving its timeless character, this impressive investment features three residential rental units above a stunning street-level restaurant, bar, and lounge that has been thoughtfully redesigned with today's clientele in mind. Perfectly positioned just steps from Saugatuck's renowned shops, galleries, waterfront, and dining, the property offers an ideal blend of historic charm and modern updates in one of West Michigan's most sought-after destinations. Multiple income streams provide outstanding investment potential, while the upper-level covered porch offers a remarkable setting to relax and take in views of the vibrant downtown and glimpses of the Kalamazoo River. Whether expanding your investment portfolio, seeking a premier mixed-use asset, or envisioning an owner-occupied opportunity with income-producing units.
Property details
Basic information
- Property status
- For sale
- Property type
- Single Family Residence
- Year built
- 1900
- County
- Allegan County, Michigan
- Lot size
- 0.67 acres
- Assessed value (2026)
- $302,100 — the assessment, not the tax bill
- Price per sq ft
- $491
- MLS number
- 26036105
- Status
- Active
Interior
- Bedrooms
- 4
- Full baths
- 3
- Half baths
- 2
- Interior area
- 3,450 sq ft
Exterior & grounds
- Land
- 0.67 acres
- Water frontage
- River frontage
Water & shoreline
- Frontage
- River frontage
Financial
- Association dues
- None
- Price history
- Arrives with the feed
What to ask about this one
Three questions worth putting to the listing side before you write anything. They are specific to this property, not a checklist.
- 01
Confirm the bottomland ownership and what the dock permit allows
- 02
Check the lake board's rules on watercraft and no-wake hours
- 03
Budget for a pre-1978 inspection — lead paint, knob-and-tube, and the roof
- 04
Ask what the taxable value uncaps to after the sale, not what the seller pays now
Location
Monthly payment
An estimate you can check, not a quote. Change any figure and the breakdown follows. Speak to a lender before you rely on it.
An assumption, not a rate you have been offered.
Empty until you have a quote — shoreline premiums vary widely.
$8,571
per month
- Principal & interest$8,571
- Property tax$0
- Home insurance$0
- Association dues$0
- Loan amount
- $1,356,000
- Total interest
- $1,729,503
- Paid off
- Sep 2056
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