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    Allegan Warehouse on Lincoln Road

    1231 Lincoln Road Allegan, MI 49010

    1231 Lincoln Road, Allegan, MI, 49010
    $205,000
    For Sale
    Claim this Listing
    $205,000

    COMMERCIAL - Allegan, MI

    Property Size2,888 SF
    Lot Size0.79 Acres
    Price / SF$70.98
    AddedJun 16, 2025
    Days on Market396
    Last RefreshJul 16 at 4:06 am

    Property Features for 1231 Lincoln Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 1
    Standard status
    Active
    APN
    01-035-029-00
    Size
    2,888 SF
    Lot size
    0.79 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    On file.
    Tax Annual Amount
    2498

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Water source
    Well

    Building Details

    Year built
    2019
    Floors in Building
    1
    Number of units
    1

    Listing agent Connor Schultze License #6501453214

    Listing office NAI Wisinski of West Michigan 650 Trade Centre Way, Ste 130, Kalamazoo, MI

    Listing date Jun 16, 2025

    MLS# 25028737

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    Constructed in 2019, this approximately 2,888 SF warehouse is situated on approximately 0.791 acres. It features two 14' overhead doors. The property is currently zoned C-2 General Commercial, which allows for a variety of uses, ranging from warehouse to commercial applications. The location along Lincoln Road (M-89) provides high visibility to the road.

    Key Highlights

    • Built in 2019: Enjoy modern construction and potentially lower maintenance.
    • +/- 2,888 SF Warehouse: Substantial space suitable for various business needs.
    • Zoned C‑2 General Commercial: Allows for a wide range of business uses.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $19.9k $6.88
    − Vacancy −$576 −$0.20
    EGI $19.3k $6.68
    − OpEx −$2.9k −$1.00
    NOI $16.4k $5.68
    2,888 SF · lease $6.88/SF/yr · vacancy 2.90% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $234.3K
    $205.0K – $273.3K (±1% cap)
    NOI $16,399 @ 7.0% cap · market cap 8.00%
    Second Best
    Industrial
    $192.9K
    $168.8K – $225.1K (±1% cap)
    NOI $13,505 @ 7.0% cap · market cap 6.59%
    Theoretical Best
    Hotel Hospitality
    $27.12M
    $23.73M – $31.64M (±1% cap)
    NOI $1,898,491 @ 7.0% cap · market cap 926.09%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Pharmacy Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Electrical Service Law Firm Storage Facility Big Box & Wholesale Store Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Warehouse - 2,888 SF warehouse on 0.791 acres, high visibility.
    Where is this warehouse located?
    The property is located at 1231 Lincoln Road Allegan, MI.
    What is the asking price?
    The asking price for this property is $205,000.
    What are key features of this property?
    This property features: Built in 2019: Enjoy modern construction and potentially lower maintenance.; +/- 2,888 SF Warehouse: Substantial space suitable for various business needs.; Zoned C‑2 General Commercial: Allows for a wide range of business uses.
    Contact an agent
    (269) 370-6437
    We can help!
    Contact an agent
    Connor Schultze
    Real Estate License ID: 6501453214
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