118 Hoffman Street, Saugatuck, MI 49453

$1,695,000
Property Type: Commercial Sale Baths: 5 Square Footage: 3,450 Lot Size (sq. ft.): 2,614 Status: Active
Current Price: $1,695,000 List Date: 7/23/2026 Last Modified: 7/23/2026

Overview

Description

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.

Supplements: This is a rare chance to own a signature property in the heart of Saugatuck.

Listing Details MLS# 26038099

Location Property Info

County
Allegan
Street #
118
Street Name
Hoffman
Suffix
Street
State
MI
Zip Code
49453

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.67
Lot Square Footage
2614
Lot Dimensions
41x66
Year Built
1900
Road Frontage
41
Total # Units
4
# Fin Bldg Lvls
3450
Total # Bldgs
Yes
Total SqFt
3450
Full Baths
5
Total Baths
5
Waterfront
No
Body of Water
Kalamazoo River
School District
Saugatuck-Douglas
Statewide Lakes & Rivers
Kalamazoo River

Tax Info

Tax ID #
57-300-105-00
Taxable Value
302100
SEV
302100
For Tax Year
2026
Seller's Annual Property Tax
17340
Tax Year
2026
Spec Assessment & Type
None Known

Remarks Misc

Directions
I-196 to exit 41, West on Blue Star Hwy to Holland St. Continue west on Holland St to Hoffman St. West to address. Between Water Street and Butler Street.

Waterfront Options

Water Access Y/N
Yes

More Information

Unit 1

SqFt
700
Occupied
Yes
Rent $/Month
1500
# Baths
Yes

Unit 2

SqFt
450
Rent $/Month
1500
# Baths
Yes

Unit 3

SqFt
1400
Occupied
Yes
Rent $/Month
2500
# Baths
Yes

Unit 4

SqFt
900
Occupied
Yes
Rent $/Month
1800
# Baths
2

Property Features

Water Type: River Uses: Restaurant; Other Ownership: LLC Business Includes: Other Construction Type: Frame/Wood Exterior Material: Vinyl Siding Roofing: Metal; Rubber Tenant Pays All: Electric; Gas; Sewer; Trash; Water Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Natural Gas Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: None Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Unit 1: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Sewer; Tenant Pays Trash; Tenant Pays Water Unit 2: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Other; Tenant Pays Sewer; Tenant Pays Trash; Tenant Pays Water Unit 3: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Other; Tenant Pays Sewer; Tenant Pays Trash; Tenant Pays Water Unit 4: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Other; Tenant Pays Sewer; Tenant Pays Trash; Tenant Pays Water Possession: Close Of Escrow
IDX
Listing Office: Coldwell Banker Woodland Schmidt
Listing Agent: Jeff West
Source MLS Verified
Last Updated: July - 23 - 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.