98 W Center Street, Douglas, MI 49406

New Listing
$1,490,000
Property Type: Commercial Sale Baths: 4 Square Footage: 4,548 Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $1,490,000 List Date: 4/08/2026 Last Modified: 4/08/2026

Overview

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.

Listing Details MLS# 26014228

Location Property Info

County
Allegan
Street #
98
Street Direction
W
Street Name
Center
Suffix
Street
State
MI
Zip Code
49406
Zip (4)
5110

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
Yes
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
Homestead %
0

Remarks Misc

Directions
Blue Star to Center, east to downtown on north side of street

Additional Details

Total Parking Spaces
6

More Information

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
Yes

Unit 3

Unit Description
Apartment 1
SqFt
502
Occupied
No
# Baths
Yes

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
Yes

Location & Property Info

Cross Streets
Union & Center
Property Sub-Type
Retail
Municipality
Douglas Vllg

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
327.62
Prop Avail for Lease?
No
Current Bldg Use
Retail/Residential

Remarks & Misc

Public Remarks
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.
Legal
Lot 2 Block 1 Spencer's Addition

Street Type

Paved
Yes
Public
Yes

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Professional Service
Yes
Professional/Office
Yes
Retail
Yes
Other
Yes

Construction Type

Concrete
Yes
Frame/Wood
Yes
Steel
Yes

Exterior Material

Concrete
Yes
Wood Siding
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Below Grade

Basement
Yes
Walk-Out Access
Yes

Heat Type

Forced Air
Yes

Air Conditioning

Central Air
Yes

Business Includes

Real Estate
Yes

Additional Features

Bath Common Area
Yes
Fire Sprinkler
Yes
Multi User Facility
Yes
Util Sep Mt
Yes

Util Avail at St

High Speed Internet
Yes

Tenant Pays All

Electric
Yes
Gas
Yes
Sewer
Yes
Water
Yes

Driveway

Easement
Yes
Paved
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes

Possession

Negotiable
Yes

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 P Joon
IDX
Source MLS Verified
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.