428 Water Street

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428 Water Street

Allegan, MI 49010
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

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

  • Traditional office space available for sale in Allegan
  • The building features 1,736 square feet of space
  • Located conveniently at 428 Water Street
  • Suitable for administrative or professional business uses
  • Situated within an established Michigan commercial submarket

What's Special

Allegan serves as a steady commercial hub within Michigan, benefiting from its regional connectivity and access to local economic drivers. This traditional office asset at 428 Water Street provides 1,736 square feet of functional space in a well-established part of the city. The property layout is suited for professional services, boutique firms, or administrative operations seeking a footprint in this growing suburban market. Businesses situated here enjoy proximity to local amenities and a stable environment for daily operations. Investors and occupiers looking for a manageable office footprint will find this site aligns well with standard commercial requirements in the Allegan area. The building offers straightforward access for staff and clients, positioning it as a practical choice for businesses aiming to maintain a physical presence in this 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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