650 Grand Street

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650 Grand 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).

  • The property features 11,840 square feet of traditional office space.
  • Located at 650 Grand Street in the city of Allegan, Michigan.
  • The site is currently available for purchase by interested parties.
  • The building is designed to support various professional and administrative uses.
  • Allegan offers a stable business environment in the Southwestern Michigan region.

What's Special

Professional services firms and regional administrative operations will find this 11,840 square foot traditional office building at 650 Grand Street an efficient workspace in Allegan, Michigan. The floor plan accommodates standard office layouts suitable for businesses requiring dedicated team environments or private executive suites. Positioned within the Allegan community, the property benefits from local infrastructure and proximity to regional transit routes, providing accessibility for employees and visiting clients alike. The facility functions well as an owner-user investment or a multi-tenant income property, offering a functional setting for established organizations looking to maintain a stable operational footprint in the area. Its size and configuration allow for flexible interior arrangements tailored to specific corporate needs, ensuring long-term utility in a professional setting. The regional economy relies on a mix of local industry and commerce, making this location a practical choice for firms seeking a grounded presence in this Southwestern Michigan market.

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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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