Holland, MI, October 18, 2024 –Mastiff Equity Partners, a Holland, Michigan-based private real estate firm, today announced the acquisition of 302 Culver Street. The property spans approximately 5,900 square feet, and houses three restaurants, making it a popular dining destination for visitors and local residents.
The property’s key location on Culver Street receives a large amount of foot traffic as well as vehicle traffic, benefiting from Saugatuck’s status as a getaway destination. Saugatuck was recently featured by USA Today as one of the most popular coastal small towns in the US, and has been recognized by Conde Naste Traveler as one of “7 Small Towns in the U.S. That Are Secret Food Destinations.”
“We saw an opportunity to acquire a premier commercial asset in Saugatuck, a property with tremendous heritage,” said Andy Hagans, founder of Mastiff Equity Partners. “The city of Saugatuck is an amazing success story, and we are thrilled to acquire this asset that contributes to the downtown’s unique character.”
The units at 302 Culver Street are currently leased to three locally-owned restaurants: MALU, a brunch cafe, El Burrito Feliz, an authentic Mexican eatery, and Scooters Cafe & Pizzeria, a longtime neighborhood staple.