155 MILL DISTRICT

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155 MILL DISTRICT

Allegan, MI 49010
Asking Price
Contact for price
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

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

  • Industrial warehouse property located in Allegan Michigan
  • Total building footprint spans 48,490 square feet
  • Asset is currently available for purchase
  • Facility supports light manufacturing and logistics operations
  • Strategic location within the Southwest Michigan market

What's Special

Allegan serves as a vital manufacturing and distribution hub within Southwest Michigan, benefiting from proximity to major regional transit corridors. This industrial facility sits at 155 Mill District and encompasses 48,490 square feet of warehouse space. The property is well-positioned to support a variety of logistics, assembly, or light manufacturing operations requiring significant floor plates for storage and distribution needs. Its central location in the city allows for efficient connectivity to broader markets, making it a functional choice for businesses looking to expand their operational footprint in the Midwest. The clear-span potential and size provide operational flexibility for tenants or owner-users aiming to capitalize on the region’s established industrial infrastructure.

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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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