138 Water Street Street

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138 Water Street 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 available for purchase in Allegan, Michigan
  • Total building footprint spans 864 square feet
  • Property is situated at 138 Water Street
  • Asset offers flexibility for various retail or service businesses
  • Located within the established downtown commercial district

What's Special

Investors and business owners looking for a retail acquisition in Allegan should consider this 864-square-foot storefront located at 138 Water Street. Situated in the heart of a Michigan community known for its historic charm and active downtown core, this property provides a footprint suitable for boutique retail, specialty services, or a professional office. The storefront layout allows for flexible interior configurations to suit specific business needs while maintaining proximity to local foot traffic and other established commerce. Allegan serves as a stable regional hub, benefiting from the sustained activity of the surrounding area. This asset represents a straightforward opportunity for those seeking to establish a physical presence in a classic Midwestern downtown environment. Whether utilized as a flagship storefront or a satellite location, the property offers a manageable scale for operators or a straightforward addition to a commercial portfolio in Allegan.

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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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