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Erin Raetz

erin@raetzteam.com +1(586) 996-8410

$184,900

Est. payment - /mo

2 Baths

3,324 SqFt

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Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Pending

Purchase Type For Sale

Square Footage 3,324 sqft

Price per Sqft $55

MLS Listing ID 66026008092

Year Built 1880

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type BusinessandRealEstate

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.

Location

State MI

County Allegan

Area Area86142Allegan

Rooms

Basement Common Storage Locker, Full

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected

Waterfront Description PublicLake, RiverFront

View Y/N No

Roof Type Rubber

Building

Foundation Basement, Block, Combination, Stone

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Allegan

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Carol L Sneller of Coldwell Banker Sneller Real Estate

Nearby Locations

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Erin Raetz

+1(586) 996-8410

110 Locust ST Allegan City, MI 49010

Erin Raetz

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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