128 Locust Street

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128 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).

  • Retail storefront building spanning 3,600 square feet of interior space
  • Located at 128 Locust Street in the city of Allegan
  • Property is currently offered for sale to prospective commercial buyers
  • Versatile asset suitable for diverse retail or local service businesses
  • Positioned within an established commercial corridor in the Michigan market

What's Special

This 3,600 square foot retail storefront at 128 Locust Street occupies a central position within the city of Allegan, Michigan. The property provides a functional footprint suitable for a variety of retail or service-oriented business models looking to establish a presence in this established community. Allegan serves as a key hub within the region, benefiting from a stable local economy and consistent pedestrian access typical of a traditional downtown setting. Business owners can leverage the storefront layout to accommodate showroom displays, specialized service counters, or flexible floor plans tailored to operational requirements. The site offers straightforward access to regional thoroughfares, supporting efficient logistics and client transit. Investors and owner-occupiers will find the building configuration versatile for long-term commercial utility in a market characterized by steady local commerce and neighborhood service demand.

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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

Location & Travel Times