558 Water St, Allegan, MI 49010-1311
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.
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Andy's Ace Hardware Building Supply Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.