Allendale, MI Commercial Real Estate for Sale

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Zeeland, MI Hudsonville, MI Coopersville, MI Jenison, MI West Olive, MI Grand Rapids, MI Grand Haven, MI Marne, MI
6 properties
Commercial Land Development Site
Updated: May 27, 2025
Commercial Land Development Site

5195 Lake Michigan Drive, Allendale, MI 49401

$249,900
1.34 AC lot
1.34‑acre commercial land parcel
Located at 5195 Lake Michigan Drive, Allendale, MI 49401
Cable Available
Near Grand Valley State University
Surrounded by restaurants, shopping centers, and residential neighborhoods
View details
Arby’s NNN Restaurant Property
Updated: Oct 4
Arby’s NNN Restaurant Property

5187 Lake Michigan Dr, Allendale, MI 49401

$2,378,000
2,109 sqft
2,109‑square‑foot Arby’s restaurant
Absolute NNN lease
Lease guarantee from RTM Operating Company, LLC, an Inspire Brands subsidiary
Located in Allendale, within the Grand Rapids metropolitan area
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Allendale Industrial Building on 37.90 Acres
Allendale Industrial Building on 37.90 Acres

11700 48th Ave, Allendale, MI 49401

$23,000,000
335,346 sqft 37.90 AC lot

335,346 SF industrial building fully leased until January 2027.

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Drive-Through NNN Restaurant Property
Drive-Through NNN Restaurant Property

5181 Lake Michigan Dr, Allendale, MI 49401

Contact for pricing
2,109 sqft

A corporate-guaranteed NNN lease includes scheduled rent growth and multiple renewal options.

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Commercial Land with Approved Self Storage Use
Commercial Land with Approved Self Storage Use

5195 Lake Michigan Dr, Allendale, MI 49401

$300,000

Vacant parcel near Grand Valley State University with Allendale Crossings PUD zoning.

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Commercial Land Near University Campus
Commercial Land Near University Campus

5035 Lake Michigan Dr, Allendale, MI 49401

$475,000

Commercially zoned parcel near Grand Valley State University campus.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Allendale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

New Primrose School Leasehold
New Primrose School Leasehold

1675 Baldwin St, Jenison, MI 49428

$6,381,000
13,500 sqft

Newly constructed Primrose School asset with more than 18 years remaining on the initial lease term.

View details
Turnkey Condo in Jenison
Turnkey Condo in Jenison

7373 Pine Grove, Jenison, MI 49428

$245,000

2 bed, 1.5 bath condo with garage and storage.

View details
Commercial Land with Interstate Frontage
Commercial Land with Interstate Frontage

4700 Garfield St, Coopersville, MI 49404

$1,800,000

CC zoning and an existing easement provide a framework for evaluating access and development.

View details
Commercial Land with Interstate Frontage
Commercial Land with Interstate Frontage

15500 48th Ave (Approx), Coopersville, MI 49404

$779,730

Community Commercial zoning with an existing ingress/egress easement from 48th Ave.

View details

Off-Market Properties in Allendale, MI

Consider similar Off-Market properties in Allendale, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

5180 Lk Michigan Dr
DRIVE-THRU RESTAURANT, FAST FOOD

5180 Lk Michigan Dr, Allendale, MI 49401-9582

Estimated value:
$1,270,000
2,596 sqft 0.87 AC lot
View details
4965 Lk Michigan Dr
SHOPPING CENTER, STRIP CENTER

4965 Lk Michigan Dr, Allendale, MI 49401-8482

Estimated value:
$1,700,000
24,731 sqft 2.40 AC lot
View details
4876 Allen Park Dr
INDUSTRIAL (GENERAL)

4876 Allen Park Dr, Allendale, MI 49401-8614

Estimated value:
$1,320,000
24,000 sqft 1.63 AC lot
View details
4842 Lk Michigan Dr
DRIVE-THRU RESTAURANT, FAST FOOD

4842 Lk Michigan Dr, Allendale, MI 49401-9475

Estimated value:
$1,440,000
3,624 sqft 1.60 AC lot
View details
11221 Commerce Dr
DRIVE-THRU RESTAURANT, FAST FOOD

11221 Commerce Dr, Allendale, MI 49401-8222

Estimated value:
$410,000
2,720 sqft 1.20 AC lot
View details
6193 Lk Michigan Dr
SHOPPING CENTER, STRIP CENTER

6193 Lk Michigan Dr, Allendale, MI 49401-9244

Estimated value: by Request
20,128 sqft 2.33 AC lot
View details
5195 Lk Michigan Dr
VACANT COMMERCIAL LAND

5195 Lk Michigan Dr, Allendale, MI 49401-9331

Estimated value: by Request
1.34 AC lot
View details
4271 Lk Michigan Dr
AUTO REPAIR, GARAGE

4271 Lk Michigan Dr, Allendale, MI 49401-9534

Estimated value:
$420,000
9,267 sqft 1.84 AC lot
View details
5195 Lk Michigan Dr
VACANT COMMERCIAL LAND

5195 Lk Michigan Dr, Allendale, MI 49401-9331

Estimated value: by Request
View details
5057 Campus Dr
VACANT COMMERCIAL LAND

5057 Campus Dr, Allendale, MI 49401-9816

Estimated value:
$435,000
4.11 AC lot
View details
10899 48th Ave
COMMERCIAL (GENERAL)

10899 48th Ave, Allendale, MI 49401-8131

Estimated value: by Request
30.46 AC lot
View details
4439 Pingree St
INDUSTRIAL - VACANT LAND

4439 Pingree St, Allendale, MI 49401

Estimated value:
$195,000
5.28 AC lot
View details
6677 Lk Michigan Dr
COMMERCIAL (GENERAL)

6677 Lk Michigan Dr, Allendale, MI 49401-9250

Estimated value:
$245,000
1,080 sqft 0.35 AC lot
View details
10955 48th Ave
VACANT COMMERCIAL LAND

10955 48th Ave, Allendale, MI 49401-9380

Estimated value: by Request
2.68 AC lot
View details
4569 Pingree St
INDUSTRIAL - VACANT LAND

4569 Pingree St, Allendale, MI 49401

Estimated value:
$200,000
5.08 AC lot
View details
8616 Lk Michigan Dr
AUTO REPAIR, GARAGE

8616 Lk Michigan Dr, Allendale, MI 49401-7533

Estimated value:
$305,000
5,920 sqft 1.06 AC lot
View details
10348 52nd Ave
VACANT COMMERCIAL LAND

10348 52nd Ave, Allendale, MI 49401-8420

Estimated value:
$60,000
5.11 AC lot
View details
11847 40th Ave
COMMERCIAL (GENERAL)

11847 40th Ave, Allendale, MI 49401

Estimated value:
$340,000
30.85 AC lot
View details

Allendale, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Allendale, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 339,564 square feet of properties for sale, with an estimated market value of $26,402,900.

Sale prices for business properties in Allendale, MI start at $249,900, averaging $5,280,580, and reaching up to $23,000,000 — 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 29K
Population Growth (5Y) +19.2%
Median Household Income $73,020
College Educated 52.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
49401 $6M

Taxes & Financing

Tax Rate (average for all types) 3.36%
Property Tax per SF $78.35 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ottawa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

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