98 W Center Street, Douglas, MI 49406 (MLS# 26014228)

98 W Center Street, Douglas, MI 49406

$1,490,000

Virtual Tour

https://www.propertypanorama.com/instaview/wmlar/26014228

Shared retail space bathroom on main floor

Lower level apartment exterior - back of building

Property Type: Commercial Sale Baths: 4 Square Footage: 4,548 Lot Size (sq. ft.): 8,712 Status: Active

Current Price: $1,490,000 List Date: 4/08/2026 Last Modified: 9/30/2026

Overview

Description

Three-story mixed-use commercial/residential building in the heart of downtown Douglas offering exceptional flexibility and income potential. Remodeled in 2025, this distinctive property was relocated onto a new foundation in 2002 and features three apartments approved for either short-term or long-term rentals. The main floor is currently configured as two commercial retail units, with the option to reconfigure into one to three spaces to suit a variety of business needs. Recent improvements by the current owner include a new one-bedroom lower-level apartment with patio and additional unfinished rooms. Live in the lower unit and generate income from the remaining residential and commercial spaces, creating an ideal owner-occupant or investment opportunity. Additional highlights include six private parking spaces and a prime downtown location with multiple revenue streams. Tenants pay utilities. All appliances included.

Supplements: New HVAC for retail units fall '26. New roof scheduled Oct '26.

Listing Details MLS# 26014228

Location Property Info

County: Allegan
Street #: 98
Street Direction: W
Street Name: Center
Suffix: Street
State: MI
Zip Code: 49406
Zip (4): 5110

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.2
Lot Square Footage: 8712
Lot Dimensions: 66 x 132
Year Built: 1900
Road Frontage: 66
Year Remodeled: 2025
Total # Units: 6
# Fin Bldg Lvls: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: Yes
Total SqFt: 4548
Property Use Type: Business
Full Baths: 4
Total Baths: 4
Waterfront: No
School District: Saugatuck-Douglas

Tax Info

Tax ID #: 59-551-002-00
Taxable Value: 438200
SEV: 438200
For Tax Year: 2026
Seller's Annual Property Tax: 24400
Tax Year: 2026
Spec Assessment & Type: None
Non-Conforming Use: No

Remarks Misc

Directions: Blue Star to Center, east to downtown on north side of street

Additional Details

Total Parking Spaces: 6

More Information

Waterfront Options

Water Access Y/N: No

Unit 1

Unit Description: Retail #1
SqFt: 500
Occupied: Yes
Rent $/Month: 1300
# Baths: 2

Unit 2

Unit Description: Retail #2
SqFt: 950
Occupied: Yes
Rent $/Month: 1500
# Baths: Yes

Unit 3

Unit Description: Apartment 1
SqFt: 502
Occupied: No
# Baths: Yes

Unit 4

Unit Description: Apartment 2
SqFt: 913
Occupied: Yes
Rent $/Month: 2000

Unit 5

Unit Description: Apartment 3
SqFt: 795
Occupied: Yes
Rent $/Month: 1800
# Baths: Yes

Property Features

Uses: Professional Service; Professional/Office; Retail; Other Business Includes: Real Estate Construction Type: Concrete; Frame/Wood; Steel Exterior Material: Concrete; Wood Siding Roofing: Composition Below Grade: Basement; Walk-Out Access Additional Features: Bath Common Area; Fire Sprinkler; Multi User Facility; Util Sep Mt Tenant Pays All: Electric; Gas; Sewer; Water Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: High Speed Internet Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Easement; Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Possession: Negotiable

Listing Office: Jaqua Realtors

Listing Agent: Rob P Joon

Last Updated: September - 30 - 2026

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