98 W Center Street, Douglas, MI 49406
sale
$1,490,000
|
Retail
Courtesy Of Jaqua Realtors
414 W. Milham Ave, Portage, MI 49024
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. New HVAC for retail units fall '26. New roof scheduled Oct '26.
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Property Features
- Age: Over 50 Years Old
- Building Units: 6
- Cooling System: Central Air
- Exterior Type: Wood Siding
- Exterior Type: Concrete
- Floors: 3
- Heating System: Forced Air
- Legal Description: Lot 2 Block 1 Spencer's Addition
- MLSID: 26014228
- Parking Spaces: 6
- Roof Type: Composition
- Rooms: Bathroom 4
- Rooms: Basement
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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