Mixed-Use Apartment and Retail
For Sale
Contact for pricing
6101 Lake Michigan Drive, Allendale, MI 49401
Two buildings built in 2004 offer 45 apartments and 16 retail units, plus vacant buildable land.
Property Size84,845 SF
Lot Size5.96 Acres
Days on Market122
Property Features for 6101 Lake Michigan Drive
General Information
Standard status
Active
Size
84,845 SF
Lot size
5.96 Acres
Property subtype
Mixed Use
Units
Multifamily Units
45
Office Units
16
Additional Details
Cap Rate
6.85%
Building Details
Year Built
2004
Tenancy
Multi
Listing Agency:
Global Real Estate Advisors (GREA)
Listed By:
Nick Kirby · License #MI 6501386110
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 5:46PM
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 Global Real Estate Advisors (GREA)
Investment Insights
Based on property information with market context.
Loft 45 is a mixed-use apartment and retail property consisting of two buildings built in 2004. The asset includes 45 apartment units with 43,252 rentable square feet, along with 16 retail units totaling 41,593 rentable square feet. In addition, the property includes 0.75 acres of buildable vacant land.
The retail component is leased on Triple Net terms to multiple national tenants, including Snap Fitness, Dollar General, and T-Mobile. The retail unit sizes range from 810 to 8,677 rentable square feet.
Located at 6101 Lake Michigan Drive in Allendale Charter Township, Michigan, Loft 45 presents a combined residential and retail configuration in a single ownership structure.
The retail component is leased on Triple Net terms to multiple national tenants, including Snap Fitness, Dollar General, and T-Mobile. The retail unit sizes range from 810 to 8,677 rentable square feet.
Located at 6101 Lake Michigan Drive in Allendale Charter Township, Michigan, Loft 45 presents a combined residential and retail configuration in a single ownership structure.
Key Highlights
- Mixed‑use property on 5.96 acres with 2 buildings built in 2004
- 45 apartment units totaling 43,252 rentable SF
- 16 retail units totaling 41,593 rentable SF on Triple Net leases with tenants including Snap Fitness, Dollar General, and T‑Mobile
Property Analytics
Current Use
Lease Details
16
Office units
45
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Explore this area
Business Placement
Demographics for 49401, MI
29,598
Population
9,083
Households
3.3
Avg Household Size
24
Median Age
41%
College-Educated
98%
High-School Grad
31.9 sq mi
ZIP Area
928
Density / Sq Mi
$73,020
Median Household Income
$16,175
Median Earnings
$1,083
Median Rent
$298,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two buildings built in 2004 offer 45 apartments and 16 retail units, plus vacant buildable land.
Where is this apartment building located?
The property is located at 6101 Lake Michigan Drive Allendale, MI.
What are key features of this property?
This property features: Mixed‑use property on 5.96 acres with 2 buildings built in 2004; 45 apartment units totaling 43,252 rentable SF; 16 retail units totaling 41,593 rentable SF on Triple Net leases with tenants including Snap Fitness, Dollar General, and T‑Mobile
