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    Allegan, MI

    Allegan, MI Commercial Real Estate for Sale

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    Otsego, MI Gobles, MI Hopkins, MI
    30 properties
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    Multi-Building Industrial Land
    Updated: Jun 6, 2025
    Multi-Building Industrial Land

    1231 Lincoln Road, Allegan, MI 49010

    $605,000
    11,432 sqft · 1.76 AC lot
    Multi‑building industrial property zoned C‑2 General Commercial
    High‑exposure location on busy Lincoln Road, just minutes from downtown Allegan
    1.763 acres across 2 separate parcels
    Year built 1900
    Water source: well
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    This listing looks promising.

    Here's a quick look at some key insights for

    1231 Lincoln Road, Allegan, MI 49010

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $53K
      Annual

    • Price @ 7% Cap

      $764K
      Above asking
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    Retail Office Building with Pole Barn
    Updated: Jun 23
    Retail Office Building with Pole Barn

    1141 26th Street, Allegan, MI 49010

    $350,000
    4,121 sqft · 1.40 AC lot
    1.4‑acre M‑89 commercial site in Allegan, MI offered for sale or lease, with land contract considered
    4,121 SF retail/office building built in 1996 plus a 30' x 40' pole barn for additional storage
    Extensive paved parking and maneuvering space for staff, customers, and deliveries
    Utilities include natural gas available; water source is a well; sewer is a septic tank
    Heating is forced air with central air and window unit(s) for cooling
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    Historic Downtown Bar and Apartment Building
    Historic Downtown Bar and Apartment Building

    132 Brady Street, Allegan, MI 49010

    $350,000
    6,941 sqft · 0.14 AC lot

    Built in 1885, this brick property combines a ground-floor bar with an occupied apartment and a flexible upper level.

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    Downtown Allegan Mixed-Use Building
    Downtown Allegan Mixed-Use Building

    245 Hubbard Street, Allegan, MI 49010

    $750,000
    6,072 sqft · 0.07 AC lot

    Redeveloped mixed-use building with retail and residential units.

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    Mixed-Use Property in Allegan, MI
    Mixed-Use Property in Allegan, MI

    314 & 316 Western Avenue, Allegan, MI 49010

    $400,000
    5,610 sqft · 0.80 AC lot

    Mixed-use property with commercial and residential potential in Allegan.

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    Mixed-Use Investment Opportunity in Allegan
    Mixed-Use Investment Opportunity in Allegan

    110 Locust Street, Allegan, MI 49010

    $184,900
    3,324 sqft · 0.05 AC lot

    Mixed-use property with income in place in downtown Allegan.

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    Mixed-Use Building in Downtown Allegan
    Mixed-Use Building in Downtown Allegan

    106 Locust Street, Allegan, MI 49010

    $169,900
    3,300 sqft · 0.06 AC lot

    Redevelopment opportunity in a historic, walkable downtown district.

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    Allegan Warehouse on Lincoln Road
    Allegan Warehouse on Lincoln Road

    1231 Lincoln Road, Allegan, MI 49010

    $205,000
    2,888 sqft · 0.79 AC lot

    2,888 SF warehouse on 0.791 acres, high visibility.

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    Iconic Restaurant and Banquet Venue
    Iconic Restaurant and Banquet Venue

    1071 32nd Street, Allegan, MI 49010

    $2,900,000
    35,880 sqft · 22.30 AC lot

    Turnkey restaurant and banquet venue on 22.3 acres.

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    All-Sports Waterfront Land with Dock
    All-Sports Waterfront Land with Dock

    2402 Dumont Lake Road, Allegan, MI 49010

    $175,000
    0.53 AC lot

    Vacant waterfront lot with sandy beach frontage, an included aluminum dock, and a two-stall garage at the front.

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    Downtown Allegan Redevelopment Opportunity
    Downtown Allegan Redevelopment Opportunity

    110 106 Locust Street, Allegan, MI 49010

    $349,900
    6,600 sqft

    Two contiguous properties ideal for mixed-use redevelopment or commercial investment.

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    Redevelopment Opportunity in Allegan, MI
    Redevelopment Opportunity in Allegan, MI

    919 Marshall Street, Allegan, MI 49010

    $450,000
    0.57 AC lot

    Prime commercial land available for sale, lease, or build-to-suit.

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    Historic Two-Story Brick Bar Building
    Historic Two-Story Brick Bar Building

    132 Brady St, Allegan, MI 49010

    $350,000
    6,941 sqft

    Two-story brick building with a downstairs bar, occupied apartment, and second-floor space across from Mahan City Park.

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    Established Party Store For Sale
    Established Party Store For Sale

    231 Western Avenue, Allegan, MI 49010

    $349,900
    2,706 sqft · 0.30 AC lot

    Long-established party store with licenses in a great location.

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    Industrial Warehouses on Lincoln Road
    Industrial Warehouses on Lincoln Road

    1235.5 Lincoln Road, Allegan, MI 49010

    $400,000
    8,544 sqft · 0.97 AC lot

    Two industrial buildings on 0.972 acres with signage opportunity.

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    Fully Leased Retail Strip Center
    Fully Leased Retail Strip Center

    633 Hooker Road, Allegan, MI 49010

    $840,000
    7,200 sqft

    7,200 SF fully leased retail strip center for sale.

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    Lincoln Road Commercial Property For Sale
    Lincoln Road Commercial Property For Sale

    1231 Lincoln Rd, AlleganTownship_, Allegan, MI 49010

    $605,000
    1.76 AC lot

    High-exposure industrial property on Lincoln Road near downtown Allegan.

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    Industrial Development Land Site
    Industrial Development Land Site

    740 Airway Drive, Allegan, MI 49010

    $3,734,000
    65 sqft · 65.99 AC lot

    Industrial-manufacturing zoned land with access from Airway Drive and space for warehouse and office development plans.

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    Land For Sale, Allegan, MI
    Land For Sale, Allegan, MI

    Pike Court, Allegan, MI 49010

    $109,900
    0.46 AC lot

    Commercial land available in Allegan, Michigan.

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    Downtown Allegan Mixed-Use Building
    Downtown Allegan Mixed-Use Building

    245 Hubbard St, Allegan, MI 49010

    $750,000

    Redeveloped mixed-use building in downtown Allegan with residential units.

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    Redevelopment Property Ready For Lease
    Redevelopment Property Ready For Lease

    919 Marshall St, Allegan, MI 49010

    $450,000

    Prime commercial land available for sale, lease, or build-to-suit.

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    Land For Sale, Allegan, MI
    Land For Sale, Allegan, MI

    3380 Babylon Road, Allegan, MI 49010

    $66,500
    3.05 AC lot

    3.05 acre commercial land available in Allegan, Michigan.

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    Mixed-Use Property with Income Potential
    Mixed-Use Property with Income Potential

    314 & 316 Western Ave, Allegan, MI 49010

    $400,000
    0.80 AC lot

    Mixed-use property featuring multiple buildings on four city lots.

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    Hobby Farm with Outbuildings
    Hobby Farm with Outbuildings

    2116 Appy, Allegan, MI 49010

    $420,000
    2.51 AC lot

    Hobby farm with outbuildings and fenced animal pen areas.

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    Allegan, MI Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Allegan, MI, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 134,945 square feet of properties for sale, with an estimated market value of $15,748,300.

    Sale prices for business properties in Allegan, MI start at $169,900, averaging $787,415, and reaching up to $3,734,000 — 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 $632.7K

    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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