145 Brady StAllegan, MI 49010

  • Commercial real estate
  • 3,750 SF
For Sale
$260,000 View listing

Property Details for 145 Brady St

Lot size
0.05 AC
Property size (Sq ft)
3,750 SF
Property type
Commercial real estate
APN
51-305-015-00
APU
5130501500

Description

This exceptional 5,589 square foot industrial property, located at 145 Brady in Allegan, Michigan, presents a unique investment opportunity. Situated on a 0.05-acre lot in the heart of downtown Allegan, this historic building boasts stunning views of the Riverfront Plaza, the Amphitheater, and the Kalamazoo River. Currently configured with office space on the main level, the property offers significant versatility. The adaptable layout allows for a variety of business uses, from traditional office spaces to creative studios. The upper levels present a compelling opportunity for conversion into residential apartments, potentially maximizing rental income. Adding to its appeal is a walkout basement providing direct access to the vibrant Riverfront Plaza and scenic boardwalk, enhancing both functionality and aesthetic appeal. This prime downtown location offers unparalleled visibility and accessibility, placing the property within easy reach of local amenities and a thriving community. The asking price for this piece of Allegan's history is $260,000. Don't miss this chance to acquire a truly remarkable property with immense potential for future growth and profitability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $550,902
    Hospitality
    $504,623
    Educational
    $419,840
    Medical
    $434,279
    Retail
    $653,085

Location Insight

City
Allegan
County
Allegan
State
Michigan
Latitude
42.5273
Longitude
-85.8493
CBSA code
26090
CBSA name
HOLLAND, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,646
$19,900
$48,300
$68,200
-
$39,800
$96,600
$136,400

FAQs

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