Allegan, MI Mixed-use Properties for Sale

List

Map

Michigan Center, MI Otsego, MI Gobles, MI Hopkins, MI Bloomingdale, MI Pullman, MI Hamilton, MI Fennville, MI

8 properties

Sort:

Updated: Mar 23

Mixed-Use Property in Allegan, MI

314 & 316 Western Avenue, Allegan, MI 49010

$400,000

5,610 sqft 0.80 AC lot

Multiple buildings on 4 city lots offer diverse potential.
Includes a multi‑family residential rental with long‑term tenant history.
Suitable for live/work opportunities or investment income.
One building previously used for a large‑scale service and distribution company.
Broadband and cable available.

View details

This listing looks promising.

Here's a quick look at some key insights for

314 & 316 Western Avenue, Allegan, MI 49010

View Property Analytics

Est. Cap Rate

9%
Above avg (5.9%)
Est. NOI

$36K
Annual
Price @ 7% Cap

$514K
Above asking
Last Sold

May 2015
$130K

View Property Analytics

Updated: Jan 21

Downtown Allegan Mixed-Use Building

245 Hubbard Street, Allegan, MI 49010

$750,000

6,072 sqft 0.07 AC lot

Unrivaled enormous outdoor deck space with Kalamazoo River views.
Newly renovated residential units with stone countertops and stainless appliances.
Prime downtown Allegan location with high foot traffic and street visibility.
Versatile mixed‑use building suitable for investors or business owners.
Spacious ground‑floor retail/office space.

View details

Mixed-Use Investment Opportunity in Allegan

110 Locust Street, Allegan, MI 49010

$184,900

3,324 sqft 0.05 AC lot

Mixed-use property with income in place in downtown Allegan.

View details

Mixed-Use Property with Income Potential

314 & 316 Western Ave, Allegan, MI 49010

$400,000

0.80 AC lot

Mixed-use property featuring multiple buildings on four city lots.

View details

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Downtown Allegan Redevelopment Opportunity

110 106 Locust Street, Allegan, MI 49010

$349,900

6,600 sqft

Two contiguous properties ideal for mixed-use redevelopment or commercial investment.

View details

Mixed-Use Building in Downtown Allegan

106 Locust Street, Allegan, MI 49010

$169,900

3,300 sqft 0.06 AC lot

Redevelopment opportunity in a historic, walkable downtown district.

View details

Downtown Allegan Mixed-Use Building

245 Hubbard St, Allegan, MI 49010

$750,000

Redeveloped mixed-use building in downtown Allegan with residential units.

View details

Downtown Allegan Redevelopment Opportunity

110 106 Locust Street, Allegan, MI 49010

$349,900

6,600 sqft

Two contiguous properties for mixed-use redevelopment in historic Allegan.

View details

Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 8 Active listings in Allegan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building in Downtown Plainwell

108 S Main St, Plainwell, MI 49080

$220,000

2,400 sqft 0.06 AC lot

2,400 SF mixed-use building in the heart of Downtown Plainwell.

View details

Historic Grainery Townhouse Building

721 E Bridge Street, Plainwell, MI 49080

$425,000

5,142 sqft 0.15 AC lot

Unique mixed-use property with strong rental history and endless possibilities.

View details

Otsego Mixed-Use Investment Opportunity

120 N Farmer Street, Otsego, MI 49078

$375,000

3,944 sqft

Turnkey 5-unit mixed-use building in downtown Otsego.

View details

Downtown Otsego Mixed-Use Investment

120 N Farmer Street, Otsego, MI 49078

$375,000

0.07 AC lot

Turnkey 5-unit building with strong income in downtown Otsego.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Land Near Gun Lake

1130 128th Avenue, Shelbyville, MI 49344

$2,850,000

18.00 AC lot

18-acre commercial land parcel near Gun Lake Casino.

View details

Prime Commercial Land on Highway

2930 S Blue Star Highway, Douglas, MI 49406

$230,000

2.91 AC lot

2.9-acre commercial parcel with highway frontage near Douglas and Saugatuck.

View details

Holland Township Land For Sale

10816 Adams St, Holland, MI 49423

$400,000

12.01 AC lot

12.01 acre property zoned for commercial, agricultural, and residential.

View details

Holland Mixed-Use Development Opportunity

421 E 32nd Street, Holland, MI 49423

$750,000

3.15 AC lot

3.15 acres approved for mixed-use retail/residential development.

View details

Off-Market Properties in Allegan, MI

Consider similar Off-Market properties in Allegan, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

110-106 Locust St, Allegan, MI 49010

Value Estimation by Request

6,600 sqft 0.11 AC lot

View details

Allegan, MI Mixed-Use Properties Market Trends and Statistics

Explore 9 mixed-use properties for sale in Allegan, MI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 31,506 square feet of properties for sale, with an estimated market value of $2,204,600.

Sale prices for multi use buildings in Allegan, MI start at $169,900, averaging $367,433, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Demographics Overview

Population 18K

Population Growth (5Y) +4.5%

Median Household Income $72,361

College Educated 22.7%

High-Yield Neighborhoods for Investment

Identify Allegan submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
49010	$437.2K

Taxes & Financing

Tax Rate (average for all types) 3.99%

Property Tax per SF $66.02 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Allegan County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Allegan County

Retail

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings