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Downtown Allegan Investment Opportunity with Income in Place. 110 Locust Street offers a strong mixed-use investment opportunity in Allegan's historic and walkable downtown district. The main level is currently leased to an established insurance agency, providing immediate income and making the sale subject to tenant rights. The building offers additional potential for future improvements or repositioning, including the possibility of upper-level residential units above the commercial space. Located near downtown shops, restaurants, and the Kalamazoo Riverfront, the property benefits from excellent visibility and steady activity within one of Allegan's primary business corridors. Adjacent property at 106 Locust Street is also available, creating an opportunity for investors or developers to expand their footprint and explore a larger downtown redevelopment project. Whether held as an income-producing investment or improved over time, 110 Locust Street provides a compelling opportunity to participate in Allegan's continued downtown growth.
Features
Age: Over 50 Years Old
Amenities: Cable Ready
Building Units: 2
Cooling System: Central Air
Exterior Type: Brick
Floors: 1
Heating System: Forced Air
Legal Description: N 22.27' OF S 120.20' OF LOTS 267 & 268 O. P. SEC 28. TAX MAP: 0.05 AC