Cross Streets: Hubbard & Trowbridge
Property Sub-Type: Office
Municipality: Allegan City
Principal Road: Yes
Ownership Type: Private Owned
Auction or For Sale: For Sale
List Price/SqFt: 55.63
Prop Avail for Lease?: No
Current Bldg Use: Office
New Construction: No
Lot Dimensions: 22.27 x 99
Road Frontage: 22.27
Mineral Rights: No
Waterfront: No
Total # Units: 2
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 3324
Property Use Type: Business
School District: Allegan
Lot Measurement: Acres
Lot Acres: 0.05
Lot Square Footage: 2178
Year Built: 1880
Full Baths: 2
Taxable Value: 65780
SEV: 96100
For Tax Year: 2025
Seller's Annual Property Tax: 4162.35
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: None Known
Tax ID #: 51-205-018-00
Public Remarks: 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.
Legal: N 22.27' OF S 120.20' OF LOTS 267 & 268 O. P. SEC 28. TAX MAP: 0.05 AC
Public Access 1 Mile or Less: 1
Gross Op Income ($): 14400
Total Actual Rent: 14400
Business: 1
Investment: 1
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Professional Service: 1
Professional/Office: 1
Retail: 1
Block: 1
Combination: 1
Stone: 1
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Building Insurance: 1
Electric: 1
Gas: 1
Janitorial: 1
Prop Taxes/Assess: 1
Sewer: 1
Trash: 1
Water: 1
MEDC: 1
SWMI First, Region 5: 1
Unit Description: Professional Office
SqFt: 1662
Occupied: Yes
Rent $/Month: 1200
# HVAC: 1
# Baths: 2
Tenant Pays Electric: 1
Tenant Pays Gas: 1
Tenant Pays Other: 1
Tenant Pays Sewer: 1
Tenant Pays Trash: 1
Tenant Pays Water: 1
Unit Description: Potential Apartments
SqFt: 1662
Occupied: No
County: Allegan
Street #: 110
Street Name: Locust
Suffix: Street
State: MI
Zip Code: 49010
Zip (4): 1302
Status: Active
Current Price: $184,900
List Price: $184,900
Listing Date: 2026-03-04
Directions: M89 to Hubbard Street East to Downtown. Left on Locust to address
Property Use: Business; Investment
SqFt Information: Security System
Water Type: River
Uses: Professional Service; Professional/Office; Retail
Business Includes: Real Estate
Construction Type: Frame/Wood
Exterior Material: Brick
Roofing: Rubber
Foundation: Block; Combination; Stone
Below Grade: Basement; Full
Tenant Pays All: Building Insurance; Electric; Gas; Janitorial; Prop Taxes/Assess; Sewer; Trash; Water
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs Req Conf Agrmnt: Leases
Sale Conditions: None
Send to Econ Dev Org: MEDC; SWMI First, Region 5
Unit 1: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Other; Tenant Pays Sewer; Tenant Pays Trash; Tenant Pays Water
Possession: Negotiable