1231 Lincoln Road, Allegan, MI 49010
- Added:
- Jun 6, 2025
- Days on Market:
- 384
- Last Refresh:
- Jun 24 at 11:06 am
Property Features for 1231 Lincoln Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- 01-035-028-00
- Size
- 11,432 SF
- Lot size
- 1.76 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- On file.
- Tax Annual Amount
- 6465
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Water source
- Well
Building Details
- Year built
- 1900
- Floors in Building
- 1
- Number of units
- 3
Listing agent Connor Schultze License #6501453214 (269) 370-6437
Listing office NAI Wisinski of West Michigan 650 Trade Centre Way, Ste 130, Kalamazoo, MI (269) 353-0311
Listing date Jun 6, 2025
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
- Multi‑building industrial property zoned C‑2 General Commercial
- High‑exposure location on busy Lincoln Road, just minutes from downtown Allegan
- 1.763 acres across 2 separate parcels
- Year built 1900
- Water source: well
- Sewer: septic tank; cable available
Overview
The location is on busy Lincoln Road, with the listing noting it is just minutes from downtown Allegan. The site’s multi-building configuration across two parcels can support businesses looking for more than one structure within a single ownership.
With C-2 General Commercial zoning and a multi-building layout, this property may fit operators seeking an industrial or mixed commercial setup rather than a single-structure site. The two-parcel structure can also be useful for buyers planning phased improvements or managing operations across multiple buildings, subject to applicable approvals and permitting requirements.
Local Financial Insights For Industrial
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 | $78.7k | $6.88 |
| − Vacancy | −$2.3k | −$0.20 |
| EGI | $76.4k | $6.68 |
| − OpEx | −$22.9k | −$2.00 |
| NOI | $53.5k | $4.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Allegan
- County
- Allegan
- State
- Michigan
- Longitude
- -85.815154
- Latitude
- 42.509317
