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Allendale, MI Retail Properties & Spaces for Sale

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Fully Leased Retail Investment
Updated: Apr 12
Fully Leased Retail Investment

4965 Lake Michigan Dr, Allendale, MI 49401

Contact for pricing
Fully leased retail investment property with multiple tenants
Tenant roster includes Murphy's Restaurant, Daily Deals, GV Party Store, and GR ELiquid Vapor Lounge
Located within walking distance of GVSU campus
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Allendale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Highly Visible Corner Commercial Assemblage
Highly Visible Corner Commercial Assemblage

14345 Ironwood Drive NW, Grand Rapids, MI 49534

$4,990,000
14,430 sqft 9.39 AC lot

Large corner assemblage with a 6,504-square-foot commercial building and multiple existing homes, offered as eight contiguous parcels.

View details
Grocery-Anchored Corner Retail Center
Grocery-Anchored Corner Retail Center

4480 Wilson Avenue Southwest, Grandville, MI 49418

$895,000
2,246 sqft 0.61 AC lot

For sale on a signalized corner lot in a busy commercial corridor, within a grocery-anchored center.

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Corner Retail/Development Assemblage Land
Corner Retail/Development Assemblage Land

14345 Ironwood Drive NW, Grand Rapids, MI 49534

$4,990,000
14,430 sqft 9.39 AC lot

Corner assemblage includes multiple parcels, road frontage, and existing improvements with a commercial building and homes.

View details
Mixed-Use Building in Grandville
Mixed-Use Building in Grandville

3981 White St SW, Grandville, MI 49418

Contact for pricing
1,347 sqft

Versatile mixed-use building with high visibility and flexible layout.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Allendale Commercial Land Opportunity
Allendale Commercial Land Opportunity

5195 Lake Michigan Drive, Allendale, MI 49401

$249,900
1.34 AC lot

Highly visible land parcel in Allendale, ideal for development.

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West Olive Commercial Land Available
West Olive Commercial Land Available

Lake Michigan Drive, West Olive, MI 49460

$350,000
3.58 AC lot

Prime commercial lot on Lake Michigan Drive, West Olive.

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West Olive Commercial Land Available
West Olive Commercial Land Available

Lake Michigan Drive, West Olive, MI 49460

$350,000
3.58 AC lot

Prime commercial lot with B-1 and B-2 zoning.

View details
Walker Corner Parcel For Sale
Walker Corner Parcel For Sale

4417 Remembrance Road Northwest, Grand Rapids, MI 49534

$99,000
37,897 sqft 0.87 AC lot

0.87-acre commercial development opportunity in Walker, Michigan.

View details

Off-Market Properties in Allendale, MI

Consider similar Off-Market properties in Allendale, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

5180 Lk Michigan Dr
DRIVE-THRU RESTAURANT, FAST FOOD

5180 Lk Michigan Dr, Allendale, MI 49401-9582

$1,270,000
Estimated value
2,596 sqft 0.87 AC lot
View details
4965 Lk Michigan Dr
SHOPPING CENTER, STRIP CENTER

4965 Lk Michigan Dr, Allendale, MI 49401-8482

$1,765,000
Estimated value
24,731 sqft 2.40 AC lot
View details
4842 Lk Michigan Dr
DRIVE-THRU RESTAURANT, FAST FOOD

4842 Lk Michigan Dr, Allendale, MI 49401-9475

$1,525,000
Estimated value
3,624 sqft 1.60 AC lot
View details
11221 Commerce Dr
DRIVE-THRU RESTAURANT, FAST FOOD

11221 Commerce Dr, Allendale, MI 49401-8222

Value Estimation by Request
2,720 sqft 1.20 AC lot
View details
6193 Lk Michigan Dr
SHOPPING CENTER, STRIP CENTER

6193 Lk Michigan Dr, Allendale, MI 49401-9244

Value Estimation by Request
20,128 sqft 2.33 AC lot
View details
4271 Lk Michigan Dr
AUTO REPAIR, GARAGE

4271 Lk Michigan Dr, Allendale, MI 49401-9534

$960,000
Estimated value
9,267 sqft 1.84 AC lot
View details
8616 Lk Michigan Dr
AUTO REPAIR, GARAGE

8616 Lk Michigan Dr, Allendale, MI 49401-7533

Value Estimation by Request
5,920 sqft 1.06 AC lot
View details
8566 Lk Michigan Dr
AUTO REPAIR, GARAGE

8566 Lk Michigan Dr, Allendale, MI 49401-7533

$715,000
Estimated value
5,024 sqft 3.68 AC lot
View details
9050 Lk Michigan Dr
RETAIL STORES (PERSONAL SERVICES)

9050 Lk Michigan Dr, Allendale, MI 49401-7617

$2,210,000
Estimated value
7,530 sqft 55.41 AC lot
View details
11299 68th Ave
RETAIL STORES (PERSONAL SERVICES)

11299 68th Ave, Allendale, MI 49401-9739

Value Estimation by Request
1,517 sqft 0.43 AC lot
View details
6546 Lk Michigan Dr
AUTO REPAIR, GARAGE

6546 Lk Michigan Dr, Allendale, MI 49401-9228

Value Estimation by Request
2,400 sqft 0.70 AC lot
View details
5213 Lk Michigan Dr
RETAIL STORES (PERSONAL SERVICES)

5213 Lk Michigan Dr, Allendale, MI 49401-9399

$1,775,000
Estimated value
7,744 sqft 0.99 AC lot
View details
5566 Lk Michigan Dr
SERVICE STATION (FULL SERVICE)

5566 Lk Michigan Dr, Allendale, MI 49401-9486

Value Estimation by Request
1,560 sqft 0.84 AC lot
View details
6065 Lk Michigan Dr
FINANCIAL BUILDING

6065 Lk Michigan Dr, Allendale, MI 49401-9106

$1,200,000
Estimated value
3,971 sqft 1.42 AC lot
View details
5596 Lk Michigan Dr
RETAIL STORES (PERSONAL SERVICES)

5596 Lk Michigan Dr, Allendale, MI 49401-9653

$505,000
Estimated value
2,592 sqft 0.42 AC lot
View details
6791 Lk Michigan Dr
CONVENIENCE STORE

6791 Lk Michigan Dr, Allendale, MI 49401-9236

Value Estimation by Request
2,560 sqft 0.52 AC lot
View details
6524 Lk Michigan Dr
AUTO REPAIR, GARAGE

6524 Lk Michigan Dr, Allendale, MI 49401-9228

Value Estimation by Request
1,920 sqft 0.27 AC lot
View details
13015 68th Ave
AUTO REPAIR, GARAGE

13015 68th Ave, Allendale, MI 49401-9751

Value Estimation by Request
6,800 sqft 1.16 AC lot
View details
5095 Lk Michigan Dr
AUTO REPAIR, GARAGE

5095 Lk Michigan Dr, Allendale, MI 49401-9479

Value Estimation by Request
378 sqft 35.68 AC lot
View details
5181 Lk Michigan Dr
DRIVE-THRU RESTAURANT, FAST FOOD

5181 Lk Michigan Dr, Allendale, MI 49401-9331

Value Estimation by Request
2,098 sqft 0.85 AC lot
View details
6815 Lk Michigan Dr
AUTO REPAIR, GARAGE

6815 Lk Michigan Dr, Allendale, MI 49401-9701

Value Estimation by Request
2,752 sqft 0.39 AC lot
View details
5128 Lk Michigan Dr
DRIVE-THRU RESTAURANT, FAST FOOD

5128 Lk Michigan Dr, Allendale, MI 49401-9582

Value Estimation by Request
4,300 sqft 4.26 AC lot
View details
9305 Lk Michigan Dr
ROADSIDE MARKET

9305 Lk Michigan Dr, Allendale, MI 49401-7536

Value Estimation by Request
1,848 sqft 2.41 AC lot
View details

Allendale, MI Retail Properties & Spaces Market Trends and Statistics

Explore 68 retail properties & spaces for sale in Allendale, MI on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 1

Demographics Overview

Population 29K
Population Growth (5Y) +19.2%
Median Household Income $73,020
College Educated 52.3%

High-Yield Neighborhoods for Investment

Identify Allendale submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
49401 $329.9K

Taxes & Financing

Tax Rate (average for all types) 3.36%
Property Tax per SF $78.35 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ottawa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Ottawa County

Retail

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