110-106 Locust St Allegan, MI 49010
- Retail properties
- 6,600 SF
- 0.11 lot acres
Current Use by Public Records
- Retail properties
Property Details for 110-106 Locust St
- Year built
- 1880
- Lot size
- 0.11 lot acres
- Property size
- 6,600 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional investment opportunity presents two adjacent, two-story late Victorian brick commercial buildings situated in the heart of Allegan's central business and historic district at 110-106 Locust Street, Allegan, MI 49010. The property boasts a combined 6,600 square feet of net rentable space, currently 25% occupied, and is offered at $360,000 ($54.55/sq ft). Each building features approximately 1,650 square feet of street-level space ideal for retail or office use, showcasing original facades from the late 1800s. A shared exterior staircase leads to the upper level, which houses four apartments in need of renovation, presenting significant upside potential. The property includes full basements and a separate 290-square-foot single-stall garage located on a detached lot accessible from the back alley. The 0.109-acre lot is zoned C1. Built in 1880 and renovated in 2010, this multi-tenant (currently one tenant) mixed-use property (Multifamily, Office, Retail) offers a unique blend of historical charm and modern investment potential. The property is offered as an owner/user investment with a net lease type. The APN is 51-205-018-00 & 51-205-019-00. This is a for sale by owner listing.
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
- -85.849
- Latitude
- 42.528