Fully renovated historic mixed-use property in downtown Douglas featuring two street-level commercial suites, three residential apartments, on-site parking, and flexible income potential.

Property Summary:

Located in the heart of downtown Douglas, 98 W Center Street is a charming, fully renovated historic mixed-use building that combines classic character with modern functionality. Originally built circa 1900 and comprehensively renovated in 2002 with a new foundation and updated systems, the property offers a rare blend of retail visibility, residential income, and flexible layout options in one of West Michigan’s most desirable lakeshore markets. The main level currently includes two commercial suites with prominent Center Street exposure and the ability to be configured into up to three storefronts, making it well suited for a variety of retail or service uses.

The upper and lower levels provide three spacious residential units, including a 2-bedroom apartment, a 1-bedroom apartment, and a large 3-bedroom lower-level apartment that is currently being renovated. These units are ideal for long-term tenants, but the property also offers strong short-term rental potential for seasonal visitors drawn to the Douglas/Saugatuck area. With on-site rear parking, a garden-style patio area, and walkability to boutiques, galleries, restaurants, and the Kalamazoo River waterfront, this property is positioned for both stable income and long-term appreciation.

Rental Units:

• Commercial Unit 1: Approximately 1,000 sq. ft.; leased for $1,800 per month.
• Commercial Unit 2: Approximately 500 sq. ft.; leased for $1,250 per month.
• Upper Apartment A: 2-bedroom apartment, approximately 1,000 sq. ft.; pro forma rent of $2,000 per month.
• Upper Apartment B: 1-bedroom apartment, approximately 500 sq. ft.; rented for $1,200 per month.
• Lower-Level Apartment: 3-bedroom apartment, approximately 1,500 sq. ft.; currently under full renovation with a pro forma rent of $1,800 per month.