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Industrial Flex Warehouse

2569 111th Avenue Allegan, MI 49010

Claim this Listing
New
For Sale
$280,000

COMMERCIAL - Allegan, MI

Property size:
4,000 SF
Lot size:
0.60 Acres
Price / SF:
$70/SF
Added:
Jul 8, 2026
Days on Market:
5
Last Refresh:
Jul 12 at 2:06 am

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 agent Lucas Howard License #6502359815

Listing office Keller Williams GR East 1555 Arboretum Dr. SE Ste 101, Grand Rapids, MI

Listing date Jul 8, 2026

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.

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

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
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 (±1% cap)
NOI $22,714 @ 7.0% cap · market cap 8.11%
Second Best
Industrial
$267.2K
$233.8K – $311.8K (±1% cap)
NOI $18,705 @ 7.0% cap · market cap 6.68%
Theoretical Best
Hotel Hospitality
$37.56M
$32.87M – $43.82M (±1% cap)
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

Suggested Use

Auto Parts Store Electrical Service Big Box & Wholesale Store Building Supply Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Pet Store Tattoo & Piercing Shop Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
More about this property
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