Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    Allendale, MI 49401 Allendale, MI 49401

    View on Map
    Claim this Listing
    New
    For Sale
    $329,900

    COMMERCIAL - Allendale, MI

    Type:Retail
    Property size:
    3,520 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $93/SF
    Added:
    May 6, 2026
    Days on Market:
    3
    Last Refresh:
    May 8 at 1:06 pm

    Property Features

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Standard status
    Active
    Size
    3,520 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PART LOT 11 COM 48.04 FT W OF NE COR, TH W 41.56 FT, S TO S LOT LINE, TH E 40.2 FT, TH N'LY TO BEG. WOLBRINK & KENNEDY S
    Tax Annual Amount
    3708

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1950
    Number of units
    2

    We can help!

    Listing Contact
    Mark Deering
    Mark Deering

    Listing agent Mark Deering License #6501286088

    Listing office RE/MAX United (Main) 28 N Monroe, Rockford, MI

    Listing date May 6, 2026

    MLS# 26020340

    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.

    HighLights

    • Strategic location at a high‑traffic intersection in Ottawa County.
    • Maximum visibility to a large customer base and daily commuters.
    • Immediate highway access.
    • 3,520 sq ft of versatile, finished interior space.
    • Four private entries.
    • Move‑in‑ready condition suitable for retail, office, or service‑based businesses.

    Overview

    Allendale Commercial Property For Sale

    This commercial property is located at a strategic intersection in Ottawa County, offering high visibility to potential customers and commuters traveling between the Lakeshore and Grand Rapids. The site provides immediate highway access and exposure in a high-growth corridor. The property features 3,520 square feet of finished interior space, with four private entries and two bathrooms. The space is designed to adapt to specific retail, office, or service-based needs. The property is move-in ready and offers options for customized split-footprint configurations. The lot size is 0.14 acres.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Allendale
    County
    Ottawa
    State
    Michigan
    Longitude
    -85.9382
    Latitude
    42.9767

    Nearby Similar for Sale

    • $414,900

      Updated Duplex Near Grand Valley

      Turnkey duplex near Grand Valley State University with updated interiors.
      5817 Country View Drive, Allendale, MI 49401
      View Details
    • $414,900
      2,700 SF

      Updated Duplex Near Grand Valley

      Turnkey duplex with updated units, near Grand Valley State.
      5817 Country View Dr, Allendale, MI 49401
      View Details
    • $419,900
      892 SF

      Updated Duplex Near Grand Valley

      Turn-key duplex near university, ideal for investors or owner-occupiers.
      5817 Country View Drive, Unit 5815, Allendale, MI 49401
      View Details
    • $23,000,000
      335,346 SF

      Allendale Industrial Building on 37.90 Acres

      335,346 SF industrial building fully leased until January 2027.
      11700 48th Ave, Allendale, MI 49401
      View Details

    FAQs

    What type of property is this?
    Retail space - High-visibility commercial property in Allendale, move-in ready for retail/office.
    Where is this retail space located?
    The property is located at Allendale, MI.
    What is the asking price?
    The asking price for this property is $329,900.
    What are key features of this property?
    This property features: Strategic location at a high‑traffic intersection in Ottawa County.; Maximum visibility to a large customer base and daily commuters.; Immediate highway access.
    (616) 292-6215
    We can help!
    Listing Contact
    Mark Deering
    Mark Deering
    Real Estate License ID: 6501286088
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Allendale, MI 49401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!