110, Locust, Allegan, MI, 49010
Basics
- Date added: Added 5 hours ago
- Category: Commercial Sale
- Type: Office
- Status: Active
- Bathrooms: 2
- Lot size: 0.05 sq ft
- Year built: 1880
- Bathrooms Full: 2
- Lot Size Acres: 0.05 acres
- Business Type: Professional/Office, Professional Service, Retail
- County: Allegan
- MLS ID: 26008092
Description
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Description:
Downtown Allegan Investment Opportunity with Income in Place.
Show all description
110 Locust Street offers a strong mixed-use investment opportunity in Allegan's historic and walkable downtown district. The main level is currently leased to an established insurance agency, providing immediate income and making the sale subject to tenant rights.
The building offers additional potential for future improvements or repositioning, including the possibility of upper-level residential units above the commercial space. Located near downtown shops, restaurants, and the Kalamazoo Riverfront, the property benefits from excellent visibility and steady activity within one of Allegan's primary business corridors.
Adjacent property at 106 Locust Street is also available, creating an opportunity for investors or developers to expand their footprint and explore a larger downtown redevelopment project. Whether held as an income-producing investment or improved over time, 110 Locust Street provides a compelling opportunity to participate in Allegan's continued downtown growth.
Location
- Directions: M89 to Hubbard Street East to Downtown. Left on Locust to address
Building Details
- Building Area Total: 3324 sq ft
- Number Of Units Total: 2
- Construction Materials: Brick
- Heating: Forced Air
- Building Features: Security System
- Roof: Rubber
- Foundation Details: Stone, Combination, Block
- Number Of Buildings: 1
Amenities & Features
- Inclusions: Real Estate
- Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
- Waterfront Features: River
- Interior Features: Broadband
- Cooling: Central Air
Fees & Taxes
- Tax Assessed Value: $65,780
- Tax Year: 2025
- Tax Annual Amount: $4,162.35
- Gross Income: $14,400
School Information
- High School District: Allegan
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: Hubbard & Trowbridge
- Listing Terms: Conventional, Cash
- Tenant Pays: Prop Taxes/Assess, Building Insurance, Electric, Gas, Janitorial, Sewer, Trash, Water
