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$1,490,000
Est. payment /mo
4,548 SqFt
Active
98 W Center Street Douglas, MI 49406-5110
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 4,548 sqft
Price per Sqft $327
MLS Listing ID 70523920
Year Built 1900
Annual Tax Amount $24,400
Tax Year 2026
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 66 x 132
Property Sub-Type Commercial/Industrial
Property 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.
Location
State MI
County Allegan
Area Douglas (03029)
Interior
Heating Forced Air
Exterior
Parking Features 6-10 Spaces
Roof Type Composite
Building
Foundation Basement
Structure Type Concrete,Frame,Steel,Wood
Others
Energy Description Natural Gas
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/wmlar/26014228
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Listed by Jaqua Realtors
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