$750,000
Allegan, MI 49010
MLS# 26002654
6072 sqft
1 / 48
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
Cross Streets: Hubbard and Chestnut
Property Sub-Type: Retail
Area: Greater Kalamazoo - K
Municipality: Allegan City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 123.52
Prop Avail for Lease?: No
Current Bldg Use: Retail & Apartments
General Property Info
New Construction: No
Lot Dimensions: 44 x 65
Road Frontage: 44
Waterfront: No
Body of Water: Kalamazoo River
Total # Units: 4
Total # Bldgs: 1
# Fin Bldg Lvls: 4048
Total SqFt: 6072
Property Use Type: Investment
Statewide Lakes & Rivers: Kalamazoo River
School District: Allegan
Lot Measurement: Acres
Lot Acres: 0.07
Lot Square Footage: 2875
Year Built: 1900
Full Baths: 5
Tax Info
Taxable Value: 150178
SEV: 188000
For Tax Year: 2025
Seller's Annual Property Tax: 9406.13
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: None Known
Zoning: C-1 CBD
Tax ID #: 03-51-305-047-00
Remarks & Misc
Public Remarks: 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.
Legal: THE NLY 65.5 FT OF WLY 1/2 LOT 298 & ALSO NLY 65.5' OF ELY 18.5' LOT 299 ORIGINAL PLAT SEC 28 T2N R13W TAX MAP: 0.06 AC
Waterfront Options
Water Access Y/N: Yes
Water Frontage: 0
Water Type
River: 1
Water Fea. Amenities
Public Access 1 Mile or Less: 1
View: 1
Additional Details
Total Parking Spaces: 2
Street Type
Paved: 1
Public: 1
Property Use
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/Office: 1
Retail: 1
Other: 1
Construction Type
Frame/Wood: 1
Other: 1
Exterior Material
Brick: 1
Roofing
Rubber: 1
Heat Source
Electric: 1
Natural Gas: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
Basement: 1
Walk-Out Access: 1
Heat Type
Forced Air: 1
Mini-Split: 1
Air Conditioning
Central Air: 1
Mini-Split: 1
Business Includes
Real Estate: 1
Foundation
Block: 1
Stone: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Storm Sewer: 1
Tenant Pays All
Electric: 1
Gas: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Unit 1
Unit Description: Suite 1
Occupied: Yes
Rent $/Month: 1712
# Baths: 1
Tenant Pays Electric: 1
Tenant Pays Gas: 1
Unit 2
Unit Description: Suite 2
Occupied: Yes
Rent $/Month: 1444
Tenant Pays Electric: 1
Tenant Pays Gas: 1
Unit 3
Unit Description: Apartment A
Occupied: Yes
Rent $/Month: 1600
Tenant Pays Electric: 1
# Baths: 2
Tenant Pays Gas: 1
Unit 4
Unit Description: Apartment B
Occupied: Yes
Rent $/Month: 1350
Tenant Pays Electric: 1
# Baths: 1
Tenant Pays Gas: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Allegan
Street #: 245
Street Name: Hubbard
Suffix: Street
State: MI
Zip Code: 49010
Zip (4): 1317
OfficeContract Info
Status: Active
Current Price: $750,000
List Price: $750,000
Listing Date: 2026-01-21
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.
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 M Otis
Last Updated: April - 07 - 2026
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