98 W Center St 4,400 SF 100% Leased Retail Building Douglas, MI 49406 $1,490,000 ($338.64/SF)

Positioned in the heart of downtown Douglas, this three-story mixed-use commercial and residential property offers a rare opportunity to acquire an income-producing asset within one of West Michigan's most recognizable waterfront tourism markets. The property combines commercial storefront exposure along Center Street with residential income potential, creating flexibility for investors, owner-occupants, or entrepreneurs seeking a live-work environment.
The building was relocated onto a new foundation in 2002 and underwent additional remodeling in 2025. The current configuration includes commercial retail space on the main level and three apartments approved for either short-term or long-term rental use. Recent ownership improvements include the addition of a lower-level one-bedroom apartment with patio access and unfinished areas that may support future customization. The retail component can be configured into multiple layouts, allowing users to adapt the space to evolving business needs.
Douglas forms part of the nationally recognized Saugatuck-Douglas tourism destination, known for its art galleries, restaurants, boutique lodging, waterfront attractions, and year-round visitor activity. The property's downtown location places it within walking distance of local businesses, community events, and the commercial core that attracts both residents and seasonal visitors. This combination of residential rental flexibility, commercial frontage, and a well-established tourism economy supports multiple income strategies and long-term ownership objectives.