110-106 Locust St Allegan, MI 49010
- Industrial properties
- 6,600 SF
- 0.05 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 110-106 Locust St
- Year built
- 1880
- Lot size
- 0.05 lot acres
- Property size
- 6,600 SF
- Property type
- Industrial properties
Description
This exceptional investment opportunity presents two adjacent, historically significant commercial buildings situated in the heart of Allegan's vibrant downtown, within its historic district. These late 1800s structures boast original upper facades and offer a combined 6,600 square feet of space on a 0.05-acre lot. Each building features approximately 1,650 square feet of street-level space, ideal for retail or office use. A shared exterior staircase provides access to the upper levels, which currently house two apartments requiring renovation. The buildings offer significant potential for redevelopment and adaptive reuse, capitalizing on their prime location and historical charm. The full basements provide additional storage or expansion possibilities. This property represents a rare chance to acquire a substantial piece of Allegan's heritage and create a thriving commercial enterprise. The buildings are located in the central business district, ensuring high visibility and accessibility. The potential for rental income from the upper-level apartments, once renovated, adds to the overall investment appeal. This is an excellent opportunity for an investor seeking a unique and profitable venture in a thriving Michigan community. The property's size and location make it suitable for a variety of commercial uses, offering flexibility and potential for significant return on investment.
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
- -85.849
- Latitude
- 42.528
