For Sale
$600,000

Brady St Allegan, MI 49010

Historic buildings, high rental demand.

Overview

Added:
Feb 3
Days on market:
78
This exceptional investment opportunity encompasses two adjacent commercial properties located in the heart of Allegan, Michigan's vibrant downtown. The package includes 145 Brady Street, a three-story historic building boasting stunning river views. The ground floor offers versatile office space, while the upper two floors present significant potential for conversion into apartments. A convenient walkout basement leads directly to the Riverfront Plaza, offering unique access and visibility. Adjacent to 145 Brady Street is 149 Brady Street, a prime investment property featuring three existing apartments and additional main-level office space. Both buildings are situated in a high-demand rental area, ensuring strong potential for consistent income generation. The combined 0.09-acre lot provides ample space for both properties. This is a rare chance to acquire a significant piece of Allegan's history and capitalize on the thriving downtown market. The asking price for both properties is $600,000. The square footage of each building is not currently available. This unique offering presents a compelling opportunity for investors seeking a substantial return in a desirable location. The properties are ready for immediate occupancy and offer significant upside potential through renovations and lease optimization.

Property Details for Brady St

Property type
Commercial real estate
Year Built
1890
Lot Size (sq. ft)
3,920 SF

Location Insight

City
Allegan
County
Allegan
State
Michigan
Latitude
42.52671
Longitude
-85.84826

FAQs

What type of property is this?
Commercial real estate - Historic buildings, high rental demand.
Where is the commercial real estate located?
The property is located at Brady St Allegan, MI.
What is the asking price?
The asking price for this property is $600,000.
How can I contact the broker?
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Brady St
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