Brady St Allegan, MI 49010
- Commercial real estate
- 11,107 SF
- 0.09 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Brady St
- Year built
- 1890
- Lot size
- 0.09 lot acres
- Property size
- 11,107 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity encompasses two adjacent buildings located in the heart of downtown Allegan, Michigan, at 145 and 149 Brady Street. The combined property boasts a total of 11,107 square feet situated on a 0.09-acre lot. 145 Brady Street is a historic three-story building offering stunning river views. The ground floor provides versatile office space, while the upper two floors present significant potential for conversion into apartments. A convenient walkout basement leads directly to the Riverfront Plaza, providing easy access to the vibrant downtown area. The adjacent building, 149 Brady Street, presents another compelling investment opportunity. This building features three existing apartments, generating immediate rental income, along with additional office space on the main level. Both properties benefit from their prime location within a thriving downtown area characterized by high rental demand, ensuring a strong return on investment. This unique offering presents a rare chance to acquire a piece of Allegan's rich history and capitalize on the exceptional investment potential of these two strategically located buildings. The asking price for both properties is $600,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Allegan
- County
- Allegan
- State
- Michigan
- Longitude
- -85.8483
- Latitude
- 42.5267
