787 Lake Street 11, Saugatuck, MI 49453
$1,800,000
Property Type: Commercial Sale Baths: 6 Square Footage: 2,744 Lot Size (sq. ft.): 42,213 Status: Active
Current Price: $1,800,000 List Date: 3/17/2026 Last Modified: 3/23/2026
Overview
Description
Supplements:
Listing Details MLS# 26010197
Location Property Info
- County
- Allegan
- Street #
- 787
- Street Name
- Lake
- Suffix
- Street
- State
- MI
- Zip Code
- 49453
- Zip (4)
- 9434
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 0.97
- Lot Square Footage
- 42213
- Lot Dimensions
- 0 x 0
- Year Built
- 1920
- Mineral Rights
- No
- Year Remodeled
- 2021
- Total # Units
- Yes
- # Fin Bldg Lvls
- 2
- # of Diff Unit Floor Plans
- Yes
- Total # Bldgs
- Yes
- Total SqFt
- 2744
- Total Net SqFt
- 4044
- Property Use Type
- Investment
- Full Baths
- 6
- Total Baths
- 6
- Waterfront
- Yes
- Body of Water
- Kalamazoo Lake
- School District
- Saugatuck-Douglas
- Statewide Lakes & Rivers
- Kalamazoo Lake
- Middle School
- Saugatuck Middle School
- High School
- Saugatuck High School
- Road Frontage
- 0
Tax Info
- Tax ID #
- 57-875-011-00
- Taxable Value
- 358280
- SEV
- 449800
- For Tax Year
- 2020
- Seller's Annual Property Tax
- 21250
- Tax Year
- 2025
- Spec Assessment & Type
- None known
- Non-Conforming Use
- No
- Zoning
- R-RESORTDIST C4
- Homestead %
- 0
Remarks Misc
- Directions
- Bluestar to lake to address on the left.
Additional Details
- Total Parking Spaces
- 6
More Information
Income and Expenses
- Annual Maint ($)
- 3500
- Annual Mgt Fees ($)
- 20
- Gross Op Income ($)
- 150000
- Total Actual Rent
- 110000
Waterfront Options
- Water Access Y/N
- Yes
- Water Frontage
- 175
Location & Property Info
- Unit #
- 11
- Cross Streets
- Bridge and Bluestar
- Property Sub-Type
- Business Opportunity
- Municipality
- Saugatuck City
- Principal Road
- Yes
- Ownership Type
- Private Owned
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 655.98
- Prop Avail for Lease?
- No
- Current Bldg Use
- Waterfront Short term rental with pool
Remarks & Misc
- Public Remarks
- Waterfront investment property! This premier 7-bedroom, 6-bath waterfront home is a standout investment opportunity at $1.8 million. Newly remodeled and furnished with high end furniture included in the sale. Accommodating up to 14/16 guests, it features a charming four-season front porch, back patio for outdoor BBQ's, a private hot tub, and it's part of an 11-unit association offering a shared pool. This home comes with 2 of the associations premier end docks that only owners can enjoy with a gate to keep your boat secure. Perfectly positioned between downtown Saugatuck and Douglas, it's just a stroll away from great restaurants, shopping, bars, and parks. Ideal for large groups and unforgettable getaways! Could be converted back to a bed and breakfast again if someone wanted to make that their residence and offer rooms to rent.
- Legal
- UNIT 11 OF SHADY SHORES CONDOMINIUMS TOGETHER WITH BOAT SLIP ''G'' AS A LIMITED COMMON ELEMENT ALSO INCL. BOAT SLIPS F &
Water Type
- Lake
- Yes
Water Fea. Amenities
- All Sports
- Yes
- Assoc Access
- Yes
- Dock
- Yes
- Shared Frontage
- Yes
- View
- Yes
Street Type
- Paved
- Yes
- Public
- Yes
SqFt Information
- Carbon Monoxide Detector(s)
- Yes
- Smoke Detector(s)
- Yes
Property Use
- Investment
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Other
- Yes
Construction Type
- Frame/Wood
- Yes
Exterior Material
- Vinyl Siding
- Yes
Roofing
- Composition
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Ownership
- LLC
- Yes
Below Grade
- Basement
- Yes
Heat Type
- Baseboard
- Yes
- Forced Air
- Yes
- Hot Water
- Yes
Air Conditioning
- Central Air
- Yes
- Window Unit(s)
- Yes
Docs at List Office
- Aerial Photo
- Yes
Business Includes
- Furniture
- Yes
- Inventory
- Yes
- Licenses
- Yes
- Real Estate
- Yes
Foundation
- Block
- Yes
Util Avail at St
- Cable Available
- Yes
- Electricity Available
- Yes
- High Speed Internet
- Yes
- Natural Gas Available
- Yes
- Storm Sewer
- Yes
Tenant Pays All
- Building Insurance
- Yes
- Electric
- Yes
- Gas
- Yes
- Prop Taxes/Assess
- Yes
- Sewer
- Yes
- Water
- Yes
Driveway
- Shared Paved
- Yes
Docs Req Conf Agrmnt
- Financials
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Property Use: Investment SqFt Information: Carbon Monoxide Detector(s); Smoke Detector(s) Water Type: Lake Uses: Other Ownership: LLC Business Includes: Furniture; Inventory; Licenses; Real Estate Construction Type: Frame/Wood Exterior Material: Vinyl Siding Roofing: Composition Foundation: Block Below Grade: Basement Tenant Pays All: Building Insurance; Electric; Gas; Prop Taxes/Assess; Sewer; Water Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Storm Sewer Heat Source: Natural Gas Heat Type: Baseboard; Forced Air; Hot Water Air Conditioning: Central Air; Window Unit(s) Driveway: Shared Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs at List Office: Aerial Photo Docs Req Conf Agrmnt: Financials Sale Conditions: None Possession: Close Of Escrow
Listing Office: BHG Connections
Listing Agent: Tammy L Kerr
Last Updated: March - 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.
