For Sale
98 W Center Street, Douglas, MI 49406
$1,490,000
MLS # 26014228 (Michigan Regional Information Center (MichRIC))
4 bathsBuilt 19000.2 acres
1 / 46
Listing 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.
Source: SparkMLS
About this home
Located in Douglas in Douglas, this property offers 4-bath, with original construction dating to 1900.
Asking $1,490,000.
Estimated annual property tax: $24,400, or about $2,033 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeRetail
Bathrooms4
Lot Size0.2 acres
Year Built1900
Location
CityDouglas
MunicipalityDouglas Vllg
Zip Code49406
CountyAllegan
School DistrictSaugatuck-Douglas
Construction & Systems
ConstructionConcrete, Wood Siding
HeatingForced Air
UtilitiesPhone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
InteriorBroadband
Sale & Financing
Listed4/7/2026
Terms AcceptedConventional, Cash
Source: SparkMLS
Tax Information
Annual Tax$24,400
Tax Year2026
Assessed Value$438,200
Parcel #59-551-002-00
Source: SparkMLS
Legal Description
Lot 2 Block 1 Spencer's Addition
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Rob P Joon
Jaqua Realtors
Frequently Asked Questions about 98 W Center Street, Douglas, MI 49406
Which school district serves 98 W Center Street, Douglas, MI 49406?
Per MLS# 26014228, 98 W Center Street, Douglas, MI 49406 is in the Saugatuck-Douglas boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Saugatuck-Douglas directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26014228, this listing accepts Conventional, Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 98 W Center Street, Douglas, MI 49406?
Per public tax records, annual property taxes for this property are $24,400 (2026). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 98 W Center Street, Douglas, MI 49406 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 98 W Center Street, Douglas, MI 49406 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 98 W Center Street, Douglas, MI 49406?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Michigan Gas Utilities Corporation. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Douglas Vllg police department or the Allegan County sheriff's office.
Map
Mortgage Calculator
$
%
$
$
$
Monthly payment$9,664
Principal & interest$9,664
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
98 W Center Street, Douglas, MI 49406
View full property history →
Municipality
Douglas
View all listings →
Get email alerts for new listings near 98 W Center Street
We'll notify you when something hits the market in Douglas or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.