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640 Water St 885 SF of 4-Star Retail Space Available in Saugatuck, MI 49453
Highlights
- New construction waterfront commercial space scheduled for completion in August 2027.
- Up to five boat slips may be available for lease.
- Located within Saugatuck's C-1 City Center Commercial District.
- Private rear patio overlooks the Kalamazoo River.
- Landlord offers tenant improvement allowances for customized build-outs.
- Supports a variety of retail, office, service, gallery, and hospitality uses.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 885 SF | 1-10 Years | $32.00 /SF/YR $2.67 /SF/MO $28,320 /YR $2,360 /MO | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Site Plan
Property Facts
| Total Space Available | 885 SF | Gross Leasable Area | 1,770 SF |
| Property Type | Retail | Year Built | 2027 |
| Property Subtype | Storefront | Construction Status | Proposed |
| Total Space Available | 885 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,770 SF |
| Year Built | 2027 |
| Construction Status | Proposed |
About the Property
Position your business along the Kalamazoo River in Saugatuck with a new construction commercial opportunity scheduled for completion in August 2027. Occupying the entire ground floor, this waterfront space offers a highly visible setting within the city's C-1 City Center Commercial District, placing tenants in one of Saugatuck's established commercial and visitor-oriented areas. The property's waterfront location creates a distinctive customer experience through a private rear patio overlooking the river, providing an attractive setting for outdoor seating, customer gatherings, or hospitality-oriented uses. The potential availability of up to five boat slips introduces an additional access point for patrons and clients, allowing arrival by both land and water. This combination of downtown positioning and waterfront accessibility is uncommon within the local market and supports a variety of customer-facing business models. Designed as a modern commercial facility, the project offers flexibility for tenants seeking a customized layout. The landlord's willingness to provide tenant improvement allowances allows occupants to tailor the interior environment to their operational requirements and brand identity. Permitted uses within the C-1 zoning district include boutique retail, specialty shops, art galleries, artisan studios, personal service businesses, financial institutions, and professional offices. Subject to applicable approvals, the property may also accommodate restaurant, café, tavern, or other food-and-beverage concepts seeking a waterfront setting with outdoor dining potential.
Contact the Leasing Agent
640 Water St