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    Property profile & analytics

    145 Brady St Allegan, MI 49010-1312

    • Commercial real estate
    • 3,750 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Last Sale
    Jul 16, 2025
    $560,000
    Location Intelligence
    Property ID
    US43-2019874
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sky Trail Management & Development / Business Administration Service
    • JML Real Estate / Real Estate Agency
    • LiggettVille / High Ropes Course

    Property Details for 145 Brady St

    Lot size
    0.05 lot acres
    Property size
    3,750 SF
    Property type
    Commercial real estate
    APN
    51-305-015-00
    APU
    5130501500

    Description

    This exceptional 5,589 square foot industrial property, located at 145 Brady in Allegan, Michigan, presents a unique investment opportunity. Situated on a 0.05-acre lot in the heart of downtown Allegan, this historic building boasts stunning views of the Riverfront Plaza, the Amphitheater, and the Kalamazoo River. Currently configured with office space on the main level, the property offers significant versatility. The adaptable layout allows for a variety of business uses, from traditional office spaces to creative studios. The upper levels present a compelling opportunity for conversion into residential apartments, potentially maximizing rental income. Adding to its appeal is a walkout basement providing direct access to the vibrant Riverfront Plaza and scenic boardwalk, enhancing both functionality and aesthetic appeal. This prime downtown location offers unparalleled visibility and accessibility, placing the property within easy reach of local amenities and a thriving community. The asking price for this piece of Allegan's history is $260,000. Don't miss this chance to acquire a truly remarkable property with immense potential for future growth and profitability.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $195,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $240,000
      Retail
      $205,000
      Mixed-Use
      $240,000
      Hospitality
      $220,000
      Educational
      $180,000
      Residential Income
      $205,000
      Energy
      $225,000
      Income-Based Land
      $180,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Allegan
    County
    Allegan
    State
    Michigan
    Longitude
    -85.8493
    Latitude
    42.5273
    CBSA code
    26090
    CBSA name
    HOLLAND, MI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,646
    $19,900
    $48,300
    $68,200
    -
    $39,800
    $96,600
    $136,400

    Comparable in this City

    • Value Estimation by Request
      0.09 Acres

      Brady St

      Commercial real estate • 0.09 Acres
      Brady St, Allegan, MI 49010
      View Details
    • Value Estimation by Request
      0.32 Acres

      1559 Maywood Dr

      COMMERCIAL (GENERAL) • 0.32 Acres
      1559 Maywood Dr, Allegan, MI 49010-9407
      View Details
    • Value Estimation by Request
      20.00 Acres

      Allegan, MI 49010

      COMMERCIAL (GENERAL) • 20.00 Acres
      Allegan, MI 49010
      View Details
    • Value Estimation by Request
      9.69 Acres

      30th St

      COMMERCIAL (GENERAL) • 9.69 Acres
      30th St, Allegan, MI 49010
      View Details
    • Value Estimation by Request
      42.00 Acres

      751 32nd St

      COMMERCIAL (GENERAL) • 42.00 Acres
      751 32nd St, Allegan, MI 49010-9150
      View Details
    • Value Estimation by Request

      209 Hubbard St

      COMMERCIAL (GENERAL)
      209 Hubbard St, Allegan, MI 49010-1320
      View Details

    Similar Nearby for Sale

    • $600,000
      11,107 SF

      Downtown Allegan Investment Duo

      Two adjacent buildings, high rental demand.
      Brady St, Allegan, MI 49010
      View Details
    • $600,000
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      Downtown Allegan Commercial Duo

      Historic buildings, high rental demand.
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    • $360,000
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      Downtown Allegan Commercial Duo

      Historic Brick Buildings, High Potential
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    • $1,200,000
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      Allegan Retail Property - Riverfront

      Prime Allegan location, 14,000 sq ft, vacant.
      558 Water St, Allegan, MI 49010
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    • $360,000
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      Downtown Allegan Commercial Duo

      Two Victorian buildings, prime location.
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    • $99,900
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      Wooded Land with Pond

      3.81 acres of wooded property with a pond.
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    Similar Nearby for Lease

    • $10 SF/Yr
      4,000 SF

      Industrial Building Near M-89

      4,000 SF commercial building near M-89 in Allegan, MI.
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    • $10 SF/Yr
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      View Details
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    145 Brady St
    Allegan, MI 49010-1312
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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