Locust St Allegan, MI 49010

Property Details for Locust St

Year built

1880

Lot size

0.05 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity presents two adjacent, historically significant commercial buildings situated in the heart of Allegan's vibrant downtown business district. These late 1800s structures boast original upper facades, showcasing their rich Victorian architectural heritage. Each building offers approximately 1650 square feet of street-level space, ideal for retail or office use, providing a combined total of approximately 3300 square feet of ground floor commercial space. A shared exterior staircase leads to the upper level, where two apartments are currently available. These apartments require renovation, presenting a significant value-add opportunity for a discerning investor. The property also includes full basements in both buildings, offering additional storage or potential for expansion. Located on a 0.05-acre lot, this property benefits from its central location within the historic district, ensuring high visibility and accessibility. The asking price for this unique dual-building property is $360,000, representing a compelling investment in a thriving Michigan community. The potential for rental income from both the commercial spaces and the renovated apartments makes this a strong addition to any portfolio. This is a rare chance to own a piece of Allegan's history and capitalize on its continued growth.

Location Insight

City

Allegan

County

Allegan

State

Michigan

Longitude

-85.8493

Latitude

42.5281