500 N Main Street

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500 N Main 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 500 N Main Street in Allegan, Michigan
  • Retail storefront spanning 2,433 square feet of space
  • Positioned within the central business district of Allegan
  • Suitable for various storefront retail or service uses
  • Well-connected location within the Southwest Michigan regional economy

What's Special

Retail operations requiring high visibility will find this 2,433 square foot storefront at 500 N Main Street in Allegan, Michigan, well-suited for a variety of business models. The property provides a functional layout for storefront retail, boutique services, or professional office use within the historic downtown district. Allegan serves as a localized commercial hub in Southwest Michigan, characterized by a steady population and consistent foot traffic within the central business corridor. Investors and business owners seeking an entry point into the Allegan market may consider this space for its central positioning. The footprint offers utility for businesses looking to capitalize on established commercial proximity. Future occupants benefit from the surrounding area's integration into the regional economy, providing a stable foundation for storefront ventures. This asset represents a straightforward acquisition for those looking to expand or establish a footprint in the local retail landscape.

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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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