Industrial Flex
2569 111th Avenue Allegan, MI 49010
For Sale
$280,000
COMMERCIAL - Allegan, MI
Property Size4,000 SF
Lot Size0.60 Acres
Price / SF$70
Days on Market19
Property Features for 2569 111th Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- 21-001-038-30
- Size
- 4,000 SF
- Lot size
- 0.60 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- COM W 1/8 PST NW 1/4 TH N 00DEG 01'20'' W 540'; TH S 88DEG 54'00'' E 509' TO POB; TH CONT S 88DEG 54'00'' E 217'; TH N 0
- Tax Annual Amount
- 2002
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Septic Tank
- Heating system
- Space Heater
- Water source
- Well
Building Details
- Year built
- 2015
- Floors in Building
- 1
- Number of units
- 1
- Building materials
- Metal Siding
- Roof type
- Composition
Listing Agency:
Keller Williams GR East
(616) 575-1800
Listed By:
Lucas Howard · License #6502359815
(616) 893-6478
Added: Jul 8
Changed: Jul 10
Last Checked: Jul 26 at 9:06PM
MLS# 26035289
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.
This for-sale commercial building offers an office portion and a shop/warehouse area totaling 4,000 square feet. The finished office includes a kitchenette and bathroom, providing a more complete front-of-house and workday setup. The shop area is equipped with chemical- and slip-resistant industrial floor epoxy, thick concrete suited for heavy equipment, a floor drain, a mini-split heating system, and a second bathroom.
The property sits on 0.6 acres and is described as conveniently located just south of Allegan near M-89. The listing notes industrial zoning suitable for a variety of businesses, including distribution, manufacturing, storage, and processing.
Overall, the layout combines finished office space with a heavily built shop area designed for industrial operations, while maintaining on-site amenities through the two bathrooms and kitchenette in the office.
The property sits on 0.6 acres and is described as conveniently located just south of Allegan near M-89. The listing notes industrial zoning suitable for a variety of businesses, including distribution, manufacturing, storage, and processing.
Overall, the layout combines finished office space with a heavily built shop area designed for industrial operations, while maintaining on-site amenities through the two bathrooms and kitchenette in the office.
Key Highlights
- 4,000 SF commercial building just south of Allegan near M‑89
- Industrial zoning suitable for distribution, manufacturing, storage, and processing uses
- Finished office space with kitchenette and 2 bathrooms
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 | $27.5k | $6.88 |
| − Vacancy | −$798 | −$0.20 |
| EGI | $26.7k | $6.68 |
| − OpEx | −$4.0k | −$1.00 |
| NOI | $22.7k | $5.68 |
4,000 SF · lease $6.88/SF/yr · vacancy 2.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$324.5K
$283.9K – $378.6K
NOI $22,714 @ 7.0% cap · market cap 8.11%
Second Best
Industrial
$267.2K
$233.8K – $311.8K
NOI $18,705 @ 7.0% cap · market cap 6.68%
Theoretical Best
Hotel Hospitality
$37.56M
$32.87M – $43.82M
NOI $2,629,489 @ 7.0% cap · market cap 939.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - For-sale industrial building with finished office and shop area, including epoxy flooring, floor drain, and two bathrooms.
Where is this flex space located?
The property is located at 2569 111th Avenue Allegan, MI.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 4,000 SF commercial building just south of Allegan near M‑89; Industrial zoning suitable for distribution, manufacturing, storage, and processing uses; Finished office space with kitchenette and 2 bathrooms
