Listing provided courtesy of BHG Connections- MLS# 26010197MLS Provider

787 Lake Street #11Saugatuck, MI 49453

Commercial · 6 Full Baths · 2,744 Sq. ft. | 0.97 Acres
$1,800,000 Active

787 Lake Street #11 Overview

Time on Site:
104 days
Visits:
0

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. Owner is licensed agent in the State of Michigan

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787 Lake Street #11 Facts & Features

  • Type Commercial
  • Sq. ft. 2,744
  • Price/Sq.ft. $656
  • Lot 0.97 Acres

Details

General

School Information

  • Middle Or Junior School: Saugatuck Middle School
  • High School: Saugatuck High School

Building Information

  • New Construction: No
  • Year Built: 1920

Location/Region

  • County Or Parish: Allegan

Rent/Lease Information

  • Tenant Pays: Prop Taxes/Assess,Building Insurance,Electric,Gas,Sewer,Water

Tax Information

  • Tax Annual Amount: 21250.0

General Information

  • Parcel Number: 57-875-011-00
  • Property Sub Type: Business
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Full: 6
  • Bathrooms Total: 6

Building Interior

  • Building Area Total: 2744.0

General Information

  • Foundation Details: Block
  • Interior Features: Broadband
  • Stories Total: 2

Unit Information

  • Unit Number: 11

Exterior

Lot Information

  • Lot Size Acres: 0.97
  • Lot Size Area: 0.97
  • Lot Size Dimensions: 0 x 0
  • Lot Size Square Feet: 42213.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved

Waterfront/View

  • Water Body Name: Kalamazoo Lake
  • Waterfront: Yes

Building Exterior/Construction

  • Construction Materials: Vinyl Siding
  • Roof: Composition

General Information

  • Number Of Units Total: 1
  • Utilities: Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer

787 Lake Street #11 Neighborhood

Community

49453 (SAUGATUCK) Demographics

50
Median Age
248
Population Density (per sq. mile)
57%
College Educated
$80,926
Estimated Median Income
1,093
Estimated Total Home Owners
233
Estimated Total Renters
82% / 18%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

787 Lake Street #11 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

787 Lake Street #11 Market Data

Based on the last 30 days in this zip code

$1,124,745
Average List Price
$445
Average Price per Square Foot
9
Properties Sold
96
Average Days on Market
81
Properties for Sale
Calculations provided by Reliance Network

787 Lake Street #11 History

Date Event Value Agent
3/17/2026Source: MichRIC MLS Added to Database
March 17, 2026
10/6/2022Source: MichRIC MLS Added to Database
October 06, 2022