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Mixed-Use Building with Loft
New
For Sale
$489,000

221 Trowbridge St, Allegan, MI 49010

Four occupied spaces combine three commercial units with an upper-floor residence featuring in-unit laundry and a full kitchen.

Property SizeContact for details
Days on Market5
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Property Features for 221 Trowbridge St

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%

Units

Unit Mix 1 x 2BR
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $5,436

Building Details

Year Built 1899
Buildings 1
Units 4
Tenancy Multi
Listing Agency: CENTURY 21 Affiliated
Listed By: David Isljamovski · License #6501450775
Source: Elliman
Added: Oct 11 Changed: Oct 13 Last Checked: Oct 15 at 1:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Affiliated

Investment Insights

Based on property information with market context.

Dating to 1899, this mixed-use building contains four leased units: three commercial spaces and an upper-level, two-bedroom apartment. The residence includes a full kitchen, two full bathrooms, in-unit laundry, and an open-plan living area. The property pairs street-level commercial space with an established residential component in one building.

The building is on Allegan’s downtown square, near Riverfront Park and beside the historic theater. The combination of commercial and residential space, along with its downtown setting, defines the property’s mixed-use configuration.

Key Highlights

  • Four leased units: three commercial spaces and one upper‑level apartment
  • Two‑bedroom residence with a full kitchen, 2 full bathrooms, and in‑unit laundry
  • Upper‑level apartment features an open‑concept living area

Property Analytics

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Current Use

The Next Step Psychological ... Crisis Center Allegan County Democratic ... Advocacy Group Brittany Peterek Foster Care Service Hunter III Fred ... Law Firm

Suggested Use

Top Pick Spa & Massage Center Dental Office HVAC Service Hair Salon Nail Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

418
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 81% Dining 17% Home Improvements & Furnishings 2%
Shell Shops & Services
5,401 visits/mo 0.1 miles
Sunoco Shops & Services
3,211 visits/mo 0.3 miles
Huntington Bank Shops & Services
2,722 visits/mo 0.1 miles
Pizza Hut Dining
2,431 visits/mo 0.1 miles
Andy's Ace Hardware Home Improvements & Furnishings
219 visits/mo 0.1 miles

Demographics for 49010, MI

18,183
Population
7,222
Households
2.5
Avg Household Size
41
Median Age
18%
College-Educated
93%
High-School Grad
156.6 sq mi
ZIP Area
116
Density / Sq Mi
$72,361
Median Household Income
$42,133
Median Earnings
$1,061
Median Rent
$204,200
Median Home Value
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Four occupied spaces combine three commercial units with an upper-floor residence featuring in-unit laundry and a full kitchen.
Where is this mixed-use property located?
The property is located at 221 Trowbridge St Allegan, MI.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Four leased units: three commercial spaces and one upper‑level apartment; Two‑bedroom residence with a full kitchen, 2 full bathrooms, and in‑unit laundry; Upper‑level apartment features an open‑concept living area
More about this property
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