109 Locust Street

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109 Locust Street

Allegan, MI 49010
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 109 Locust Street in Allegan Michigan
  • Retail storefront spanning 4,590 square feet of space
  • Versatile layout suitable for various commercial business applications
  • Positioned within a central district in the city
  • Available for purchase as a commercial retail asset

What's Special

Retail operations seeking a prominent storefront location will find this 4,590-square-foot asset in Allegan well-positioned for visibility and access. The property provides a functional layout suitable for a wide variety of commercial ventures, ranging from traditional retail sales to specialized service-based businesses. Situated within the heart of Allegan, Michigan, the site benefits from the community's established local economy and steady traffic patterns characteristic of a mid-sized county seat. Investors and business owners can leverage the building's size and configuration to suit specific operational requirements within this growing market. The asset represents a versatile addition to a portfolio, offering potential for owner-occupancy or strategic leasing. Its placement at 109 Locust Street provides proximity to regional amenities and connectivity to surrounding southwestern Michigan communities. This storefront serves as a practical foundation for commercial activity, catering to the needs of local residents and regional visitors alike.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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