118 Hoffman Street, Saugatuck, MI 49453 (MLS# 26038099)

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

Listing Office: Coldwell Banker Woodland Schmidt

Listing Agent: Jeff West

Last Updated: July - 23 - 2026

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