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    Allegan, MI
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    Michigan Center, MI Otsego, MI Gobles, MI Hopkins, MI Bloomingdale, MI Pullman, MI Hamilton, MI Fennville, MI
    Downtown Allegan Mixed-Use Building
    Updated: Jan 21
    Downtown Allegan Mixed-Use Building

    245 Hubbard Street, Allegan, MI 49010

    $750,000
    6,072 sqft 0.07 AC lot
    Unrivaled enormous outdoor deck space with Kalamazoo River views.
    Newly renovated residential units with stone countertops and stainless appliances.
    Prime downtown Allegan location with high foot traffic and street visibility.
    Versatile mixed‑use building suitable for investors or business owners.
    Spacious ground‑floor retail/office space.
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    This listing looks promising.

    Here's a quick look at some key insights for

    245 Hubbard Street, Allegan, MI 49010

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $63K
      Annual

    • Mortgage

      $1.5M
      Aug 2019
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Allegan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    16-Unit Apartment Building
    16-Unit Apartment Building

    1710 E G Avenue, Kalamazoo, MI 49004

    $1,290,000
    0.86 AC lot

    Sixteen-unit income property with mostly recently renovated interiors and a mix of 2-bedroom and 1-bedroom units.

    View details
    Income Property with Recent Updates
    Income Property with Recent Updates

    Mattawan, MI 49071

    $540,000
    1.00 AC lot

    Six-unit property in Mattawan with remodeled units and strong rental history.

    View details
    Mattawan Income-Producing Multi-Family Property
    Mattawan Income-Producing Multi-Family Property

    23753 Red Arrow Highway, Mattawan, MI 49071

    $540,000
    1.00 AC lot

    Six-unit property in Mattawan with recent updates and strong rental history.

    View details
    Brick 6-Unit Apartment Building
    Brick 6-Unit Apartment Building

    436 Campbell Avenue, Kalamazoo, MI 49006

    $399,700
    0.30 AC lot

    Six-unit brick apartment building with rear parking and carports covering up to four vehicles.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

    View details

    Allegan, MI Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Allegan, MI on our real estate platform. These investment opportunities span a total of 6,072 square feet of properties for sale, with an estimated market value of $750,000.

    Sale prices for two-family homes in Allegan, MI start at $750,000, averaging $750,000, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 18K
    Population Growth (5Y) +4.5%
    Median Household Income $72,361
    College Educated 22.7%

    High-Yield Neighborhoods for Investment

    Identify Allegan submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49010 $665K

    Taxes & Financing

    Tax Rate (average for all types) 3.99%
    Property Tax per SF $66.02 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Allegan County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Allegan County

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