314 & 316 Western Avenue

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314 & 316 Western Avenue

Allegan, MI 49010
Asking Price
$400K
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

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

  • Traditional office building totaling 5,610 square feet of space.
  • Property is currently offered for sale at $400,000.
  • Located at 314 & 316 Western Avenue in Allegan, Michigan.
  • Asset is designed for professional office and administrative use.
  • Positioned within the established Allegan city commercial corridor.

What's Special

Professional services firms seeking a centralized presence in Allegan will find this traditional office asset at 314 & 316 Western Avenue well-suited for their operations. Comprising 5,610 square feet, the property serves as a functional headquarters for businesses requiring reliable administrative or client-facing space within the local market. Its positioning within the city provides access to the regional infrastructure supporting the broader Allegan County economy. The layout accommodates diverse professional use cases, ranging from law practices and consulting groups to insurance agencies or private medical administrative offices. As a standalone facility, it allows for a clear identity and operational control for an owner-occupant or a strategic investment play in this growing suburban market. The asset maintains a straightforward utility, offering the necessary square footage to sustain consistent daily business activity.

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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219

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