$184,900
Allegan, MI 49010
MLS# 26008092
3324 sqft
1 / 30
Property Description
Downtown Allegan Investment Opportunity with Income in Place. 110 Locust Street offers a strong mixed-use investment opportunity in Allegan's historic and walkable downtown district. The main level is currently leased to an established insurance agency, providing immediate income and making the sale subject to tenant rights. The building offers additional potential for future improvements or repositioning, including the possibility of upper-level residential units above the commercial space. Located near downtown shops, restaurants, and the Kalamazoo Riverfront, the property benefits from excellent visibility and steady activity within one of Allegan's primary business corridors. Adjacent property at 106 Locust Street is also available, creating an opportunity for investors or developers to expand their footprint and explore a larger downtown redevelopment project.
Details
Maps
Documents
Location & Property Info
Cross Streets: Hubbard & Trowbridge
Property Sub-Type: Office
Municipality: Allegan City
Principal Road: Yes
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 55.63
Prop Avail for Lease?: No
Current Bldg Use: Office
General Property Info
New Construction: No
Lot Dimensions: 22.27 x 99
Road Frontage: 22.27
Mineral Rights: No
Waterfront: No
Total # Units: 2
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 3324
Property Use Type: Business
School District: Allegan
Lot Measurement: Acres
Lot Acres: 0.05
Lot Square Footage: 2178
Year Built: 1880
Full Baths: 2
Tax Info
Taxable Value: 65780
SEV: 96100
For Tax Year: 2025
Seller's Annual Property Tax: 4162.35
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: None Known
Tax ID #: 51-205-018-00
Remarks & Misc
Public Remarks: Downtown Allegan Investment Opportunity with Income in Place.
110 Locust Street offers a strong mixed-use investment opportunity in Allegan's historic and walkable downtown district. The main level is currently leased to an established insurance agency, providing immediate income and making the sale subject to tenant rights.
The building offers additional potential for future improvements or repositioning, including the possibility of upper-level residential units above the commercial space. Located near downtown shops, restaurants, and the Kalamazoo Riverfront, the property benefits from excellent visibility and steady activity within one of Allegan's primary business corridors.
Adjacent property at 106 Locust Street is also available, creating an opportunity for investors or developers to expand their footprint and explore a larger downtown redevelopment project.
Legal: N 22.27' OF S 120.20' OF LOTS 267 & 268 O. P. SEC 28. TAX MAP: 0.05 AC
Waterfront Options
Water Access Y/N: No
Water Type
River: 1
Water Fea. Amenities
Public Access 1 Mile or Less: 1
Income and Expenses
Gross Op Income ($): 14400
Total Actual Rent: 14400
Street Type
Paved: 1
Public: 1
SqFt Information
Security System: 1
Property Use
Business: 1
Investment: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Professional Service: 1
Professional/Office: 1
Retail: 1
Construction Type
Frame/Wood: 1
Exterior Material
Brick: 1
Roofing
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Below Grade
Basement: 1
Full: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Business Includes
Real Estate: 1
Foundation
Block: 1
Combination: 1
Stone: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Tenant Pays All
Building Insurance: 1
Electric: 1
Gas: 1
Janitorial: 1
Prop Taxes/Assess: 1
Sewer: 1
Trash: 1
Water: 1
Docs Req Conf Agrmnt
Leases: 1
Send to Econ Dev Org
MEDC: 1
SWMI First, Region 5: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Unit 1
Unit Description: Professional Office
SqFt: 1662
Occupied: Yes
Rent $/Month: 1200
# HVAC: 1
# Baths: 2
Tenant Pays Electric: 1
Tenant Pays Gas: 1
Tenant Pays Other: 1
Tenant Pays Sewer: 1
Tenant Pays Trash: 1
Tenant Pays Water: 1
Unit 2
Unit Description: Potential Apartments
SqFt: 1662
Occupied: No
Possession
Negotiable: 1
Location Property Info
County: Allegan
Street #: 110
Street Name: Locust
Suffix: Street
State: MI
Zip Code: 49010
Zip (4): 1302
OfficeContract Info
Status: Active
Current Price: $184,900
List Price: $184,900
Listing Date: 2026-03-04
Remarks Misc
Directions: M89 to Hubbard Street East to Downtown. Left on Locust to address
Property Features
Property Use: Business; Investment
SqFt Information: Security System
Water Type: River
Uses: Professional Service; Professional/Office; Retail
Business Includes: Real Estate
Construction Type: Frame/Wood
Exterior Material: Brick
Roofing: Rubber
Foundation: Block; Combination; Stone
Below Grade: Basement; Full
Tenant Pays All: Building Insurance; Electric; Gas; Janitorial; Prop Taxes/Assess; Sewer; Trash; Water
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs Req Conf Agrmnt: Leases
Sale Conditions: None
Send to Econ Dev Org: MEDC; SWMI First, Region 5
Unit 1: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Other; Tenant Pays Sewer; Tenant Pays Trash; Tenant Pays Water
Possession: Negotiable
Supplements
Whether held as an income-producing investment or improved over time, 110 Locust Street provides a compelling opportunity to participate in Allegan's continued downtown growth.
Roof Information 
Listing Office: Coldwell Banker Sneller Real Estate
Listing Agent: Carol L Sneller
Last Updated: March - 04 - 2026
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