118 Hoffman Street, Saugatuck, MI 49453
Allegan County
Key Facts
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. This is a rare chance to own a signature property in the heart of Saugatuck.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Traditional
Year Built
1900
Living Area
3,450 sq ft
Lot Size
0.67 acres
Lot Dimensions
41x66
Days on Market
2
MLS® Listing#
26036105
Property Features
Interior
Heating
Basement
Laundry
Patio
Construction
Roof
Utilities
Sewer
Water Source
Schools
- District:
- Saugatuck-Douglas
Financial Details
Annual Taxes
$17,340
Tax year 2026
Assessed Value
$302,100
Parcel Number
57-300-105-00
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
Affordability Calculator
$339,000
Estimated monthly payment
$9,022/mo
Principal $1,356,000 · Est. interest $1,891,741 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Saugatuck, MI
- $770,588
- Median Listing Price
- 61
- Median Days on Market
- 2,449
- Median Sq Ft
- $485
- Median Price / Sq Ft
- 65
- Active Listings
- This home’s price is 120% above the area median.
- Its price per sq ft is 1% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Saugatuck, MI.
Location
Points of Interest in Saugatuck, MI
Showing the Saugatuck area map.
Nearby Schools
Saugatuck High School
Secondary · 0.4 mi away
Educare Child Center
School · 0.8 mi away
Saugatuck Public Schools
School · 1.1 mi away
Douglas Elementary School
Elementary · 1.1 mi away
Blue Star Elementary School
Elementary · 5.5 mi away
Fennville Middle School
Secondary · 6.4 mi away
Fennville Elementary School
Elementary · 6.4 mi away
Innocademy Allegan Campus
Elementary · 6.5 mi away
Calvary Schools of
School · 7.9 mi away
Pine Ridge Elementary School
Elementary · 8.1 mi away
Holland Christian School
Secondary · 8.3 mi away
Lakeshore Little People's Place
School · 8.6 mi away
Holland Christian School
Elementary · 8.8 mi away
Holland Public Schools
School · 8.9 mi away
Jefferson
Elementary · 8.9 mi away
West
Elementary · 9.0 mi away
Holland Public Schools Board
Elementary · 9.0 mi away
Holland High School
Secondary · 9.1 mi away
Calvary Schools of Holland
Secondary · 9.1 mi away
Holland Public Schools
School · 9.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 648 Francis Street, Saugatuck City, MI | $1,199,000 | 4 | 4 | 2,474 |
| 648 Francis Street, Saugatuck, MI | $1,199,000 | 4 | 4 | 2,474 |
| 6312 Silver Lake Drive, Saugatuck Township, MI | $1,245,000 | 5 | 6 | 3,864 |
| 6312 Silver Lake Drive, Saugatuck, MI | $1,245,000 | 5 | 6 | 3,864 |
| 2954 Peach Creek Court, Saugatuck Township, MI | $1,575,000 | 5 | 5 | 3,836 |
| 6365 Waters Edge Lane, Saugatuck, MI | $1,575,000 | 4 | 4 | 2,191 |
Moving Cost Estimate
EXIT Agents in Saugatuck
Listing Courtesy: Coldwell Banker Woodland Schmidt - 6163965221
Presented by: Jeff West