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    FOR SALE
    Turn key restaurants

    919 Marshall St, Allegan, MI 49010

    540 SF 0.57 ac lot
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-2226436
    Property summary
    AI-generated overview

    This exceptional 0.57-acre industrial parcel at 919 Marshall Street in Allegan, Michigan, presents a unique redevelopment opportunity. Currently undergoing site preparation, the property is cleared of existing structures and ready for immediate development. The site's prime location adjacent to a McDonald's restaurant ensures high visibility and significant traffic exposure, with over 15,000 vehicles passing daily. This translates to exceptional potential for a wide range of commercial ventures. The lot is zoned for commercial use and can accommodate a new building of up to 5,000 square feet, offering the possibility of incorporating a drive-thru feature. This is a rare chance to secure one of the last remaining prime commercial spaces in Allegan, offering significant potential for return on investment. The property boasts a total area of 540 square feet and is listed at $350,000. This price reflects the land's significant value and redevelopment potential, making it an attractive proposition for discerning investors and developers seeking a high-traffic, highly visible location in a thriving community. The seller is actively preparing the site for immediate construction, minimizing delays and maximizing the opportunity for swift development.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Total area 540 SF
    Lot 0.57 ac (24,829 SF)
    APN 51-310-026-00
    UPID US43-2226436
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Hfc Properties LLC · 1 yrs held
    Hfc Properties LLC
    since 2024
    6 recorded transactions
    2026
    2024
    2021
    2019
    $80,000
    2013
    $80,000
    2009
    $140,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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