Property profile

149 Brady St Allegan, MI 49010

OFF-MARKET
Commercial real estate
Property ID
US43-2376243
3,750 SF 0.05 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity is located at 149 Brady Street in the heart of downtown Allegan, Michigan. The property encompasses a 0.05-acre lot and features a versatile mix of income-producing spaces. Three well-maintained apartments provide consistent residential rental income, while a separate main-level office space offers additional revenue potential or the possibility for owner-occupancy. The property's prime downtown location within a highly desirable area ensures strong rental demand and a stable investment. This presents a unique chance to acquire a valuable asset in a thriving community. The building's precise square footage is not currently available. The asking price for this mixed-use property is $360,000. This represents a compelling blend of residential and commercial income streams, making it an attractive option for investors seeking a diversified portfolio or those looking for a hands-on opportunity in a vibrant Michigan town. The property's location in downtown Allegan offers easy access to local amenities, businesses, and community events. This makes it an ideal location for both tenants and business owners alike. The strong rental demand in the area ensures a consistent stream of income, making this a stable and potentially lucrative investment. Serious inquiries are encouraged to explore this promising opportunity further.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 3,750 SF
Lot 0.05 ac (2,004 SF)
APN 51-305-016-00
UPID US43-2376243

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

149 Brady St Allegan, MI 49010
Allegan metro Census 31200 HOLLAND, MI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2018
6 recorded transactions
2025
Price N/A
2019
Price N/A
2019
Price N/A
2018
$225,000
2013
$135,000
2013
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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