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    Allegan, MI
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    Allegan, MI Office Buildings for Sale

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    Otsego, MI Gobles, MI Hopkins, MI
    Downtown Allegan Redevelopment Opportunity
    Updated: Jun 28, 2022
    Downtown Allegan Redevelopment Opportunity

    110 106 Locust Street, Allegan, MI 49010

    $349,900
    6,600 sqft
    Rare opportunity to acquire two contiguous downtown properties for redevelopment.
    Flexibility for mixed‑use, commercial investment, or residential conversion.
    Located in Allegan's historic and walkable downtown district.
    Excellent visibility and proximity to shops, dining, and the Kalamazoo Riverfront.
    Larger footprint allows for expanded residential units or phased improvements.
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    This listing looks promising.

    Here's a quick look at some key insights for

    110 106 Locust Street, Allegan, MI 49010

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $26K
      Annual

    • Mortgage

      $100K
      Jan 2023

    • Last Sold

      Oct 2007
      $100K
    View Property Analytics
    Mixed-Use Property in Allegan, MI
    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.
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    Based on your search, we've compiled 62 Potential Opportunities for your consideration. Besides 2 Active listings in Allegan, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 52 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.

    Two-Story Multi-Tenant Office Buildings
    Two-Story Multi-Tenant Office Buildings

    5955 W Main Street, Kalamazoo, MI 49009

    Contact for pricing
    30,952 sqft · 4.68 AC lot

    Flexible office suites with ample parking in a professional multi-tenant setting, zoned COMM.

    View details
    Downtown Plainwell Office Complex
    Downtown Plainwell Office Complex

    131 N Main Street, Plainwell, MI 49080

    $419,000
    3,067 sqft · 0.09 AC lot

    Professional office building in downtown Plainwell, near amenities.

    View details
    Downtown Plainwell Office Complex
    Downtown Plainwell Office Complex

    131 N Main St 2, Plainwell, MI 49080

    $419,000

    Professional office spaces in the heart of downtown Plainwell.

    View details
    Remodeled Office Building with Suites
    Remodeled Office Building with Suites

    6535 Seeco Drive, Kalamazoo, MI 49009

    $2,499,000
    22,910 sqft

    Remodeled office building with suites, open areas, and classrooms.

    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.

    Kalamazoo Commercial Development Opportunity
    Kalamazoo Commercial Development Opportunity

    717 & 823 S Drake Road, Kalamazoo, MI 49006

    $700,000
    1.14 AC lot

    Commercial land for office or retail development in Kalamazoo, MI.

    View details
    Kalamazoo Commercial Development Opportunity
    Kalamazoo Commercial Development Opportunity

    717 & 823 S Drake Road, Kalamazoo, MI 49006

    $500,000
    0.90 AC lot

    Office/retail development opportunity in Kalamazoo, Michigan.

    View details
    Kalamazoo Commercial Land Opportunity
    Kalamazoo Commercial Land Opportunity

    8095 Stadium Drive, Kalamazoo, MI 49009

    $129,900
    1.68 AC lot

    1.68 acre commercial land available in Kalamazoo, Michigan.

    View details
    Commercial Land in Mattawan, MI
    Commercial Land in Mattawan, MI

    25th Highway, Mattawan, MI 49071

    $169,900
    1.61 AC lot

    1.61 acre commercial land with high traffic road frontage.

    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.

    428 Water St
    OFFICE BUILDING

    428 Water St, Allegan, MI 49010-1309

    Value Estimation by Request
    1,736 sqft · 0.35 AC lot
    View details
    315 Hubbard St
    OFFICE BUILDING

    315 Hubbard St, Allegan, MI 49010-1258

    Value Estimation by Request
    2,708 sqft · 0.15 AC lot
    View details
    100 Locust St
    OFFICE BUILDING

    100 Locust St, Allegan, MI 49010-1302

    Value Estimation by Request
    3,744 sqft · 0.04 AC lot
    View details
    1652 Lincoln Rd
    OFFICE BUILDING

    1652 Lincoln Rd, Allegan, MI 49010-9410

    Value Estimation by Request
    3,612 sqft · 0.90 AC lot
    View details
    1670 Lincoln Rd
    OFFICE BUILDING

    1670 Lincoln Rd, Allegan, MI 49010-9410

    $945,000
    Estimated value
    6,176 sqft · 1.19 AC lot
    View details
    1279 Lincoln Rd
    OFFICE BUILDING

    1279 Lincoln Rd, Allegan, MI 49010-8102

    Value Estimation by Request
    1,248 sqft · 0.50 AC lot
    View details
    135 Marshall St
    OFFICE BUILDING

    135 Marshall St, Allegan, MI 49010-1624

    $500,000
    Estimated value
    3,144 sqft · 0.48 AC lot
    View details
    313 Hubbard St
    OFFICE BUILDING

    313 Hubbard St, Allegan, MI 49010-1258

    Value Estimation by Request
    2,038 sqft · 0.19 AC lot
    View details
    211 Monroe St
    OFFICE BUILDING

    211 Monroe St, Allegan, MI 49010-1255

    Value Estimation by Request
    1,408 sqft · 0.35 AC lot
    View details
    Jenner Dr
    OFFICE BUILDING

    Jenner Dr, Allegan, MI 49010

    $2,020,000
    Estimated value
    18,441 sqft · 1.84 AC lot
    View details
    540 Jenner Dr
    OFFICE BUILDING

    540 Jenner Dr, Allegan, MI 49010-1517

    $1,940,000
    Estimated value
    17,718 sqft · 1.73 AC lot
    View details
    1251 Lincoln Rd
    OFFICE BUILDING

    1251 Lincoln Rd, Allegan, MI 49010-9706

    $1,605,000
    Estimated value
    9,872 sqft · 5.41 AC lot
    View details
    320 Spruce St
    OFFICE BUILDING

    320 Spruce St, Allegan, MI 49010-1526

    Value Estimation by Request
    960 sqft · 0.14 AC lot
    View details
    404 Sherman St
    OFFICE BUILDING

    404 Sherman St, Allegan, MI 49010-1446

    $610,000
    Estimated value
    5,558 sqft · 1.33 AC lot
    View details
    223 Hubbard St, Unit 2
    OFFICE BUILDING

    223 Hubbard St, Allegan, MI 49010-1326

    Unit 2
    Value Estimation by Request
    1,344 sqft · 0.04 AC lot
    View details
    500 Linn St
    OFFICE BUILDING

    500 Linn St, Allegan, MI 49010-1581

    Value Estimation by Request
    2,160 sqft · 0.89 AC lot
    View details
    1525 Lincoln Rd
    OFFICE BUILDING

    1525 Lincoln Rd, Allegan, MI 49010-8197

    $825,000
    Estimated value
    8,092 sqft · 1.17 AC lot
    View details
    134 Brady St
    OFFICE BUILDING

    134 Brady St, Allegan, MI 49010-1313

    Value Estimation by Request
    1,428 sqft · 0.05 AC lot
    View details
    1175 Lincoln Rd
    OFFICE BUILDING

    1175 Lincoln Rd, Allegan, MI 49010

    $985,000
    Estimated value
    24,240 sqft · 3.65 AC lot
    View details
    277 Nn St
    OFFICE BUILDING

    277 Nn St, Allegan, MI 49010-1138

    $640,000
    Estimated value
    11,786 sqft · 1.06 AC lot
    View details
    1873 Lincoln Rd
    OFFICE BUILDING

    1873 Lincoln Rd, Allegan, MI 49010-9414

    Value Estimation by Request
    2,077 sqft · 0.49 AC lot
    View details
    112 Locust St
    OFFICE BUILDING

    112 Locust St, Allegan, MI 49010-1302

    Value Estimation by Request
    3,564 sqft · 0.05 AC lot
    View details

    Allegan, MI Office Buildings Market Trends and Statistics

    Explore 54 office buildings for sale in Allegan, MI on our real estate platform. These investment opportunities span a total of 12,210 square feet of properties for sale, with an estimated market value of $749,900.

    Sale prices for office properties in Allegan, MI start at $349,900, averaging $374,950, and reaching up to $400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 6
    Office buildings 2

    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 $375K

    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

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