2569 111th Ave Allegan, MI 49010
4,000 SF industrial flex building with finished office space, two bathrooms, and a shop with epoxy floors and floor drain.
- Added:
- Jul 12, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 13 at 2:38 am
Property Features for 2569 111th Ave
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2015
Listing office Grand Rapids Market Center East (616) 893-6478
Listing date Jul 12, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of Grand Rapids Market Center East
Investment Insights
Based on property information with market context.
The property is described as being just south of Allegan near M-89. Industrial zoning supports a range of uses such as distribution, manufacturing, storage, and processing.
Electrical service is listed at 200 amp, with the possibility of 320. Buyer should confirm all utility, zoning, and use details during due diligence.
Key Highlights
- 4,000 SF commercial/industrial flex building built in 2015
- Industrial zoning suitable for distribution, manufacturing, storage, and processing uses
- Finished office space includes a kitchenette and bathroom
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 | $27.5k | $6.88 |
| − Vacancy | −$798 | −$0.20 |
| EGI | $26.7k | $6.68 |
| − OpEx | −$4.0k | −$1.00 |
| NOI | $22.7k | $5.68 |
