787 Lake Street, Saugatuck, MI 49453-9434
787 Lake Street, Saugatuck, MI 49453-9434
787 Lake Street, Saugatuck, MI 49453-9434
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$1,690,000
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2,744 SqFt
Price Dropped by $110K

787 Lake Street Saugatuck, MI 49453-9434

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,744 sqft

Price per Sqft $615

Subdivision Mi

MLS Listing ID 70519875

Year Built 1920

Annual Tax Amount $21,250

Tax Year 2025

Lot Size 0.970 Acres

Acres 0.97

Lot Dimensions 0 x 0

Property Sub-Type Business

Property Description

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.

Location

State MI

County Allegan

Area Saugatuck (03039)

Interior

Heating Baseboard, Forced Air, Hot Water, Radiant

Exterior

Parking Features 6-10 Spaces

Roof Type Composite

Building

Foundation Basement

Structure Type Brick,Frame,Vinyl Siding,Wood

Others

Ownership LLC

Energy Description Natural Gas

Financing Cash,Conventional


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by BHG Connections

Nearby Locations

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Louis Velazquez

Louis Velazquez

+1(989) 954-3855

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787 Lake Street