340 Water Street

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340 Water 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).

  • Located at 340 Water Street in the city of Allegan
  • Commercial retail storefront available for purchase in Michigan
  • Asset sits within a established local business corridor
  • Versatile floor plate suitable for diverse retail or service tenants
  • Property position offers accessibility within the Allegan municipal area

What's Special

This retail storefront at 340 Water Street in Allegan, Michigan, provides a central footprint for commercial operations within the community. Allegan serves as a stable regional hub, benefiting from the steady pace of southwest Michigan commerce and local economic activity. The storefront layout supports various business models, ranging from boutique retail shops to professional service outlets that require high street visibility and accessible frontage for customer engagement. Potential occupants benefit from the established architectural character of the area, which attracts consistent local traffic throughout the business day. The property represents a functional asset for investors or owner-occupiers looking to establish a presence in a recognized municipal setting. Its layout remains well-suited for businesses looking to capitalize on proximity to other local establishments and regional transit routes.

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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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