$750,000
245 Hubbard Street
Allegan, MI 49010
MLS# 26002654
6072 sqft
245 Hubbard Street, Allegan, MI 49010
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Property Description
Prime opportunity awaits in the heart of downtown Allegan! This recently redeveloped mixed-use building offers exceptional versatility for investors or business owners. The property features spacious ground-floor retail or office space with excellent street visibility, large display windows, and high foot traffic. Upstairs, you'll find beautiful, newly renovated residential units complete with stone countertops, stainless appliances, and high end fixtures. You just can't beat the enormous outdoor deck space that is absolutely unrivaled and offers fantastic views of the Kalamazoo River, concerts, fireworks shows, and more. Ample parking is available nearby, and the location provides easy access to local shops, restaurants, and community events. Whether you're looking to expand your portfolio or start your business in a vibrant downtown setting, this property delivers both potential and charm. Call to schedule a private tour.

Details
Maps
Location Property Info
County: Allegan
Street #: 245
Street Name: Hubbard
Suffix: Street
State: MI
Zip Code: 49010
Zip (4): 1317
Area: Greater Kalamazoo - K
OfficeContract Info
Status: Active
Current Price: $750,000
List Price: $750,000
Listing Date: 2026-01-21
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.07
Lot Square Footage: 2875
Lot Dimensions: 44 x 65
Year Built: 1900
Road Frontage: 44
Total # Units: 4
# Fin Bldg Lvls: 4048
Total # Bldgs: 1
Total SqFt: 6072
Property Use Type: Investment
Full Baths: 5
Waterfront: No
Body of Water: Kalamazoo River
School District: Allegan
Statewide Lakes & Rivers: Kalamazoo River
Tax Info
Tax ID #: 03-51-305-047-00
Taxable Value: 150178
SEV: 188000
For Tax Year: 2025
Seller's Annual Property Tax: 9406.13
Tax Year: 2025
Spec Assessment & Type: None Known
Zoning: C-1 CBD
Remarks Misc
Directions: FromM-222, continue onto to Grand Street, Grand turns slightly and becomes Monroe Street. Turn left onto Chestnut Street. Turn left onto Hubbard.
Additional Details
Total Parking Spaces: 2
Waterfront Options
Water Access Y/N: Yes
Unit 1
Unit Description: Suite 1
Occupied: Yes
Rent $/Month: 1712
# Baths: 1
Unit 2
Unit Description: Suite 2
Occupied: Yes
Rent $/Month: 1444
Unit 3
Unit Description: Apartment A
Occupied: Yes
Rent $/Month: 1600
# Baths: 2
Unit 4
Unit Description: Apartment B
Occupied: Yes
Rent $/Month: 1350
# Baths: 1
Property Features
Property Use: Investment
Water Type: River
Uses: Professional/Office; Retail; Other
Ownership: LLC
Business Includes: Real Estate
Construction Type: Frame/Wood; Other
Exterior Material: Brick
Roofing: Rubber
Foundation: Block; Stone
Below Grade: Basement; Walk-Out Access
Tenant Pays All: Electric; Gas
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; Storm Sewer
Heat Source: Electric; Natural Gas
Heat Type: Forced Air; Mini-Split
Air Conditioning: Central Air; Mini-Split
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Unit 1: Tenant Pays Electric; Tenant Pays Gas
Unit 2: Tenant Pays Electric; Tenant Pays Gas
Unit 3: Tenant Pays Electric; Tenant Pays Gas
Unit 4: Tenant Pays Electric; Tenant Pays Gas
Possession: Subject To Tenant Rights

Listing Office: Weichert REALTORS Plat Allegan

Listing Agent: Benjamin Otis

Last Updated: January - 22 - 2026

245 Hubbard Street, Allegan, MI 49010 - MLS# 26002654

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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