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Gas Station
New
For Sale
$1,444,039

665 Allegan St, Plainwell, MI 49080

The Plainwell property is offered individually or within a broader Michigan-and-Indiana portfolio.

Property Size1,479 SF
Price / SF$976.36
Days on Market4

Property Features for 665 Allegan St

General Information

Standard status Active
Size 1,479 SF
Property subtype Auto Service - Gas-Conv
Lease Type NNN

Amenities

Long Term Lease | Current Term Runs Through May 2036
Four, Five Year Renewal Options | Built-In Annual Rent Increases
Can be Purchased as an Individual Property or as Part of a Portfolio

Building Details

Building Size 1,479 SF
Listed By: Timothy Nichols · License #License(s): IL: 475.159619
Source: Marcusmillichap
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 11 at 2:58AM

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 Timothy Nichols

Investment Insights

Based on property information with market context.

The gas station at 665 Allegan St in Plainwell, Michigan, is part of a 30-property Admiral Petroleum portfolio. The portfolio includes 29 Michigan assets and one Indiana asset, with acquisition available on an individual-property basis or as part of a larger package.

Key Highlights

  • 665 Allegan St, Plainwell, MI 49080
  • Part of a 30‑property Admiral Petroleum portfolio
  • Portfolio includes 29 Michigan properties and one Indiana property

Property Analytics

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Current Use

Western Union Bank Admiral Petroleum Co Gas Station ATM (Admiral Petroleum ... Atm

Suggested Use

Top Pick Law Firm Parking Lot & Garage Kitchen & Bath Showroom Electrical Service Hair Salon HVAC Service

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

Location Intelligence

Trade Area within ½ mile

300
Businesses Nearby
136k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 48% Dining 31% Shops & Services 19% Electronics 2%
Meijer Groceries
66,046 visits/mo 0.5 miles
Meijer Gas Station Shops & Services
25,760 visits/mo 0.4 miles
Wendy's Dining
14,663 visits/mo 0.4 miles
Starbucks Dining
14,159 visits/mo 0.4 miles
Burger King Dining
13,150 visits/mo 0.4 miles

Demographics for 49080, MI

15,994
Population
6,582
Households
2.4
Avg Household Size
42
Median Age
28%
College-Educated
94%
High-School Grad
77.4 sq mi
ZIP Area
207
Density / Sq Mi
$75,250
Median Household Income
$42,775
Median Earnings
$982
Median Rent
$234,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Gas station - The Plainwell property is offered individually or within a broader Michigan-and-Indiana portfolio.
Where is this gas station located?
The property is located at 665 Allegan St Plainwell, MI.
What is the asking price?
The asking price for this property is $1,444,039.
What are key features of this property?
This property features: 665 Allegan St, Plainwell, MI 49080; Part of a 30‑property Admiral Petroleum portfolio; Portfolio includes 29 Michigan properties and one Indiana property
More about this property
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