For Sale
$360,000

Locust St Allegan, MI 49010

Two Victorian buildings, prime location.

Overview

Added:
Feb 3
Days on market:
79
This exceptional investment opportunity presents two adjacent, historically significant commercial buildings situated in the heart of Allegan's vibrant downtown business district. These late 1800s structures boast original upper facades, showcasing their rich Victorian architectural heritage. Each building offers approximately 1650 square feet of street-level space, ideal for retail or office use, providing a combined total of approximately 3300 square feet of ground floor commercial space. A shared exterior staircase leads to the upper level, where two apartments are currently available. These apartments require renovation, presenting a significant value-add opportunity for a discerning investor. The property also includes full basements in both buildings, offering additional storage or potential for expansion. Located on a 0.05-acre lot, this property benefits from its central location within the historic district, ensuring high visibility and accessibility. The asking price for this unique dual-building property is $360,000, representing a compelling investment in a thriving Michigan community. The potential for rental income from both the commercial spaces and the renovated apartments makes this a strong addition to any portfolio. This is a rare chance to own a piece of Allegan's history and capitalize on its continued growth.

Property Details for Locust St

Property type
Commercial real estate
Year Built
1880
Lot Size (sq. ft)
2,178 SF

Location Insight

City
Allegan
County
Allegan
State
Michigan
Latitude
42.52813
Longitude
-85.84927

FAQs

What type of property is this?
Commercial real estate - Two Victorian buildings, prime location.
Where is the commercial real estate located?
The property is located at Locust St Allegan, MI.
What is the asking price?
The asking price for this property is $360,000.
How can I contact the broker?
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Locust St
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