Property summary
This exceptional industrial property, located at 558 Water Street in Allegan, Michigan, offers a substantial 14,000 square feet of versatile space. Situated on a generous 2.85-acre lot, this property presents a significant opportunity for businesses seeking ample room for operations and expansion. The building's substantial size allows for a variety of uses, making it ideal for manufacturing, warehousing, distribution, or other industrial applications. The property's location in Allegan provides convenient access to transportation routes and essential infrastructure, facilitating efficient logistics and operations. The asking price for this expansive industrial property is $1,200,000. This represents a compelling investment opportunity in a thriving Michigan community. The property's size and location combine to offer a rare chance to acquire a significant industrial asset. Serious inquiries are encouraged to explore the potential of this exceptional property and its suitability for various industrial needs. The ample land provides room for potential expansion or outdoor storage, further enhancing its value and utility. This is a turnkey opportunity for a business seeking to establish or expand its operations in a strategic location. The property is ready for immediate occupancy, offering a seamless transition for any prospective buyer.
Property profile
VerifiedCap rate & NOI
Current use
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Building Supply Hardware & Home Improvement
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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