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


$1,695,000
118 Hoffman Street
Saugatuck, MI 49453
MLS# 26038099
5 baths  |  3450 sqft


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Property 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.

Details
Location & Property Info
Cross Streets: Water and Butler
Property Sub-Type: Business Opportunity
Municipality: Saugatuck City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 491.3
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: 41x66
Road Frontage: 41
Waterfront: No
Year Remodeled: 0
Body of Water: Kalamazoo River
Total # Units: 4
Total # Bldgs: 1
# Fin Bldg Lvls: 3450
Total SqFt: 3450
Statewide Lakes & Rivers: Kalamazoo River
School District: Saugatuck-Douglas
Lot Measurement: Acres
Lot Acres: 0.67
Lot Square Footage: 2614
Year Built: 1900
Full Baths: 5
Total Baths: 5
Tax Info
Taxable Value: 302100
SEV: 302100
For Tax Year: 2026
Seller's Annual Property Tax: 17340
Tax Year: 2026
Homestead %: 0
Spec Assessment & Type: None Known
Tax ID #: 57-300-105-00
Remarks & Misc
Public Remarks: 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.
Legal: E 41 FT OF LOT 104 KALAMAZOO PLAT.
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 0
Water Type
River: 1
Water Fea. Amenities
Public Access 1 Mile or Less: 1
Street Type
Paved: 1
Public: 1
Utilities Attached
Cable Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Restaurant: 1
Other: 1
Construction Type
Frame/Wood: 1
Exterior Material
Vinyl Siding: 1
Roofing
Metal: 1
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Other: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Tenant Pays All
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Driveway
None: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Unit 1
SqFt: 700
Occupied: Yes
Rent $/Month: 1500
# Baths: 1
Tenant Pays Electric: 1
Tenant Pays Gas: 1
Tenant Pays Sewer: 1
Tenant Pays Trash: 1
Tenant Pays Water: 1
Unit 2
SqFt: 450
Rent $/Month: 1500
Tenant Pays Electric: 1
# Baths: 1
Tenant Pays Gas: 1
Tenant Pays Other: 1
Tenant Pays Sewer: 1
Tenant Pays Trash: 1
Tenant Pays Water: 1
Unit 3
SqFt: 1400
Occupied: Yes
Rent $/Month: 2500
Tenant Pays Electric: 1
# Baths: 1
Tenant Pays Gas: 1
Tenant Pays Other: 1
Tenant Pays Sewer: 1
Tenant Pays Trash: 1
Tenant Pays Water: 1
Unit 4
SqFt: 900
Occupied: Yes
Rent $/Month: 1800
Tenant Pays Electric: 1
# Baths: 2
Tenant Pays Gas: 1
Tenant Pays Other: 1
Tenant Pays Sewer: 1
Tenant Pays Trash: 1
Tenant Pays Water: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Allegan
Street #: 118
Street Name: Hoffman
Suffix: Street
State: MI
Zip Code: 49453
OfficeContract Info
Status: Active
Current Price: $1,695,000
List Price: $1,695,000
Listing Date: 2026-07-23
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.
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
Supplements
This is a rare chance to own a signature property in the heart of Saugatuck.

IDX
Listing Office: Coldwell Banker Woodland Schmidt
Listing Agent: Jeff West
Source MLS Verified

Last Updated: July - 23 - 2026

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