110 Locust Street, Allegan, MI 49010

$184,900
2
BA

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List Price
$184,900
Days on Market
70
MLS#
26008092
Status
PENDING
Type
Commercial
Bathrooms
2
Full-baths
2

Property Description

Downtown Allegan Investment Opportunity with Income in Place. 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.

Additional Information

Taxes
$4,162
Acres
0.05
Heating
Forced Air
Roofing
Rubber
School District
Allegan
Tenant Pays
Insurance, Electricity, Janitorial Service, Prop Taxes/Assess, Trash Collection, Gas, Sewer, Water
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
Water Features
River Front
Water
Public Water

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Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Carol L Sneller from Listing Office: Coldwell Banker Sneller Real Estate.

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