211 Locust Street

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211 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).

  • The retail property measures 2,827 square feet of floor space.
  • Located at 211 Locust Street in the city of Allegan.
  • The site operates as a traditional storefront asset for retail.
  • Allegan is a regional commercial hub in the state of Michigan.
  • The building layout supports diverse retail and professional business uses.

What's Special

Retail operations can leverage this 2,827 square foot storefront located at 211 Locust Street in Allegan, Michigan. Positioned within the downtown district, the property provides high visibility for businesses seeking a central presence in a community known for its local commerce and historic character. Allegan serves as a regional hub for the surrounding rural and residential population, maintaining a steady pace of activity that supports neighborhood-scale retail and service-oriented enterprises. The building footprint is suitable for a variety of commercial configurations, ranging from boutique retail shops to professional service offices. Its location provides easy access to the local transit network and neighboring storefronts, facilitating consistent pedestrian engagement. Investors and business owners looking for a versatile commercial asset in a stable submarket will find this property well-suited for a long-term occupancy strategy in the Allegan region.

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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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