Listed by Advantage Commercial Real Estate
$950,000
558 Water St
Details
APN 51-200-071-00
Property Type Retail, Land
Sub Type Commercial
Square Footage 6,458
Price per SqFt $170
Acreage 1.450
Zoning CBD
Ground Lease No
Retail | 6,458 SqFt
Marketing description
Positioned at the high-visibility corner of Water Street and Monroe Street, this 1.45-acre property is zoned Central Business District and offers an excellent opportunity in the heart of downtown Allegan. The site includes a 6,458 SF former Ace Hardware retail building along with a partial basement, providing flexibility for a variety of uses. With direct ingress and egress from both Water Street and Monroe Street, prominent pylon signage, and on-site parking, the property benefits from great exposure and accessibility. Surrounding businesses consist of Village Market, Shell, Schaendorf Brewing Co., Perrigo Outlet Store, Pizza Hut, and many others, creating a steady flow of traffic and activity. This property is ideally suited for an owner-user seeking a central presence or for a redevelopment project that will contribute to Allegan’s continued growth and vibrancy.
Listing Contacts
Listed by Advantage Commercial Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?





