2569 111th Avenue Allegan, MI 49010
COMMERCIAL - Allegan, MI
- Added:
- Jul 8, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 12 at 1:06 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 (616) 893-6478
Listing office Keller Williams GR East 1555 Arboretum Dr. SE Ste 101, Grand Rapids, MI (616) 575-1800
Listing date Jul 8, 2026
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.
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 |
