Allegan, MI Commercial Real Estate for Sale

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42 properties

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Updated: Mar 23

Multi-Building Live-Work and Rental

314 & 316 Western Avenue, Allegan, MI 49010

$400,000

5,610 sqft 0.80 AC lot

Multiple buildings on 4 city lots
One building most recently used for service and distribution operations
Another building is currently a multi‑family rental with long‑term tenant history
Year built: 1908
Forced‑air heating and broadband available

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This listing looks promising.

Here's a quick look at some key insights for

314 & 316 Western Avenue, Allegan, MI 49010

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Est. Cap Rate

9%
Above avg (5.9%)
Est. NOI

$36K
Annual
Price @ 7% Cap

$514K
Above asking
Last Sold

May 2015
$130K

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Updated: Jul 8

Brick Office Building with Parking

2565 111th Avenue, Allegan, MI 49010

$299,900

5,500 sqft 5.00 AC lot

Commercial office building on 5 acres in Allegan (for sale or for lease)
Full brick exterior with flat roof; fully paved parking lot
Office layout includes a break room, main area, and multiple rooms: 12x32 (two), 32x25 (one), and 12x20 (one)
3 bathrooms plus additional room bathrooms listed (Bathrooms 1 through 5)
Heating: forced air; includes cable available

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Retail and Office Building with Pole Barn

1141 26th Street, Allegan, MI 49010

$350,000

4,121 sqft 1.40 AC lot

For sale on M-89 in Allegan, featuring a retail/office building, a 30' x 40' pole barn, and extensive paved parking.

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Industrial Flex Warehouse

2569 111th Avenue, Allegan, MI 49010

$280,000

4,000 sqft 0.60 AC lot

For-sale industrial building with finished office and shop area, including epoxy flooring, floor drain, and two bathrooms.

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Retail-Office Building with Pole Barn

1141 26th Street, Allegan, MI 49010

$350,000

4,121 sqft 1.40 AC lot

Retail/office building with a 30' x 40' pole barn, extensive paved parking, and an on-site commercial site for sale or lease.

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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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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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Mixed-Use Building with Deck

245 Hubbard Street, Allegan, MI 49010

$750,000

6,072 sqft 0.07 AC lot

Recently redeveloped mixed-use building with street-level retail/office space and newly renovated residential units upstairs.

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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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Contiguous Mixed-Use Redevelopment Buildings

110 106 Locust Street, Allegan, MI 49010

$349,900

6,600 sqft

Two contiguous downtown properties at 106 and 110 Locust Street are offered together for mixed-use redevelopment potential.

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Historic Restaurant with Banquet Space

Allegan, MI 49010

$2,900,000

35,880 sqft 22.30 AC lot

The property combines a steakhouse operation with an adjacent setting for weddings, community gatherings, and catering events.

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Multi-Building Warehouse Property

1231 Lincoln Road, Allegan, MI 49010

$605,000

11,432 sqft 1.76 AC lot

Located on Lincoln Road near downtown Allegan, with C-2 General Commercial zoning and well and septic service.

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Downtown Mixed-Use Office Building

110 Locust Street, Allegan, MI 49010

$184,900

3,324 sqft 0.05 AC lot

Office building with main-level income from a leased insurance agency, with potential for future upper-level uses.

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Industrial Flex Building with Office

2569 111th Ave, TrowbridgeTownship_, Allegan, MI 49010

$280,000

4,000 sqft

4,000 SF industrial flex building with finished office space, two bathrooms, and a shop with epoxy floors and floor drain.

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Historic Downtown Mixed-Use Building

106 Locust Street, Allegan, MI 49010

$169,900

3,300 sqft 0.06 AC lot

Brick commercial building with upper-level redevelopment potential in Allegan’s downtown district.

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C-2 Warehouse with Overhead Doors

1231 Lincoln Road, Allegan, MI 49010

$205,000

2,888 sqft 0.79 AC lot

2019-built warehouse with commercial zoning, well and septic service, and direct exposure along Lincoln Road.

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Bed And Breakfast With Two Homes

1532 34th Street, Allegan, MI 49010

$859,000

13.90 AC lot

Two residences, guest-ready amenities, and extensive outdoor features create a distinctive lodging property in a country setting.

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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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Brick Office Building

Allegan, MI 49010

$299,900

5.00 AC lot

Single-story office property with paved parking, multiple work areas, a break room, and three bathrooms.

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Recreational Land with Pole Barn

V/L 28.5A 104th Avenue, Allegan, MI 49010

$330,000

28.50 AC lot

28.5-acre property includes a pole barn, pond, and established trails, plus a mobile home and private well.

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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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Industrial Warehouse Buildings with Crane Systems

1235.5 Lincoln Road, Allegan, MI 49010

$400,000

8,544 sqft 0.97 AC lot

Two-building commercial facility includes substantial electrical capacity and built-in crane systems.

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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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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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Allegan, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Allegan, MI, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 193,844 square feet of properties for sale, with an estimated market value of $21,310,100.

Sale prices for business properties in Allegan, MI start at $68,000, averaging $608,860, 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	$521.8K

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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