Current Use by Public Records
- Commercial real estate
Property Details for Locust St
- Year built
- 1880
- Lot size
- 0.05 lot acres
- Property type
- Commercial real estate
Description
Two charming, late 1800s Victorian brick commercial buildings are available for sale in Allegan, Michigan's vibrant downtown historical district. Situated on a 0.05-acre lot on Locust Street, this unique property offers a combined 6,600 square feet of space. Each building boasts approximately 1,650 square feet of street-level retail or office space, ideal for a variety of businesses. The original upper facades retain their historical character, adding to the property's unique charm. A shared exterior staircase leads to the upper level, which currently features two apartments in need of renovation, presenting a significant opportunity for value-add potential. A full basement is included in each building, offering ample storage space. This property presents a rare opportunity to own a piece of Allegan's rich history and capitalize on the growing demand for commercial space in the heart of the city's central business district. The buildings' prime location offers excellent visibility and accessibility, making them an attractive investment for both established businesses and entrepreneurs seeking a unique and historic space. The substantial square footage, combined with the potential for residential conversion or expansion, makes this a versatile and highly promising investment opportunity. The property is priced at $360,000.
Value Estimations
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AI approach
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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
- -85.8493
- Latitude
- 42.5281
