$1,490,000

98 W Center Street, Douglas MI, 49406

Price per sqft$327.62

Built in1900

Property size4,548 sqft

Property typeCommercial

Courtesy of Rob P Joon, Jaqua Realtors

Overview

Active

Listed Apr 8, 2026

Updated Jun 15

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.

Additional information

MLS^® ID: 26014228

Interior Features

Bathrooms: 4
Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.2 Acres

Other Property Details

Taxes: $24,400
Tax Frequency: Annually

Courtesy of Jaqua Realtors

The IDX display contains information sourced from the MichRIC® as of 6/15/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated 6/15/2026