245 Hubbard Street

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245 Hubbard Street

Allegan, MI 49010
Asking Price
$750K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront available for sale in Allegan, Michigan.
  • Property features a total building area of 6,072 square feet.
  • Asking price for the commercial asset is set at $750,000.
  • Located on Hubbard Street within the city center district.
  • Flexible floor plan accommodates diverse retail and service businesses.

What's Special

This retail storefront at 245 Hubbard Street in Allegan, Michigan, is currently available for sale, presenting a functional acquisition for investors or owner-occupants seeking a presence in the local market. Spanning 6,072 square feet, the property provides ample layout flexibility for various commercial applications, including traditional retail operations, service-oriented businesses, or adaptive reuse ventures. The asset occupies a central position in Allegan, a historic city that serves as a community hub within the broader West Michigan landscape. Its positioning within the local streetscape ensures visibility for a range of business models looking to capture foot traffic and serve the surrounding residential population. Prospective buyers will find this space suitable for tailoring to specific operational requirements while benefiting from an established neighborhood footprint. The regional economy relies on a mix of local retail, manufacturing, and services, offering a stable environment for long-term commercial investment in a growing suburban setting.

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NOI
$80,000
Cap Rate
10.67%
DSCR
1.80
Strong
Cash-on-Cash
15.77%
Monthly Payment
$3,710.591
Annual Cash Flow
$35,472.911

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