245 Hubbard Street, Allegan, MI 49010

$750,000
Property Type: Commercial Sale Square Footage: 6,072 Lot Size (sq. ft.): 2,875 Status: Active
Current Price: $750,000 List Date: 1/22/2026 Last Modified: 4/07/2026

Overview

Description

Prime opportunity awaits in the heart of downtown Allegan! This recently redeveloped mixed-use building offers exceptional versatility for investors or business owners. The property features spacious ground-floor retail or office space with excellent street visibility, large display windows, and high foot traffic.Upstairs, you'll find beautiful, newly renovated residential units complete with stone countertops, stainless appliances, and high end fixtures. You just can't beat the enormous outdoor deck space that is absolutely unrivaled and offers fantastic views of the Kalamazoo River, concerts, fireworks shows, and more.Ample parking is available nearby, and the location provides easy access to local shops, restaurants, and community events. Whether you're looking to expand your portfolio or start your business in a vibrant downtown setting, this property delivers both potential and charm. Call to schedule a private tour.

Listing Details MLS# 26002654

Location Property Info

County
Allegan
Street #
245
Street Name
Hubbard
Suffix
Street
State
MI
Zip Code
49010
Zip (4)
1317

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.07
Lot Square Footage
2875
Lot Dimensions
44 x 65
Year Built
1900
Road Frontage
44
Total # Units
4
# Fin Bldg Lvls
4048
Total # Bldgs
Yes
Total SqFt
6072
Property Use Type
Investment
Full Baths
5
Waterfront
No
Body of Water
Kalamazoo River
School District
Allegan
Statewide Lakes & Rivers
Kalamazoo River

Tax Info

Tax ID #
03-51-305-047-00
Taxable Value
150178
SEV
188000
For Tax Year
2025
Seller's Annual Property Tax
9406.13
Tax Year
2025
Spec Assessment & Type
None Known
Zoning
C-1 CBD
Homestead %
0

Remarks Misc

Directions
FromM-222, continue onto to Grand Street, Grand turns slightly and becomes Monroe Street. Turn left onto Chestnut Street. Turn left onto Hubbard.

Additional Details

Total Parking Spaces
2

More Information

Waterfront Options

Water Access Y/N
Yes
Water Frontage
0

Unit 1

Unit Description
Suite 1
Occupied
Yes
Rent $/Month
1712
# Baths
Yes
Tenant Pays Electric
Yes
Tenant Pays Gas
Yes

Unit 2

Unit Description
Suite 2
Occupied
Yes
Rent $/Month
1444
Tenant Pays Electric
Yes
Tenant Pays Gas
Yes

Unit 3

Unit Description
Apartment A
Occupied
Yes
Rent $/Month
1600
# Baths
2
Tenant Pays Electric
Yes
Tenant Pays Gas
Yes

Unit 4

Unit Description
Apartment B
Occupied
Yes
Rent $/Month
1350
# Baths
Yes
Tenant Pays Electric
Yes
Tenant Pays Gas
Yes

Location & Property Info

Cross Streets
Hubbard and Chestnut
Property Sub-Type
Retail
Area
Greater Kalamazoo - K
Municipality
Allegan City

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
123.52
Prop Avail for Lease?
No
Current Bldg Use
Retail & Apartments

Remarks & Misc

Public Remarks
Prime opportunity awaits in the heart of downtown Allegan! This recently redeveloped mixed-use building offers exceptional versatility for investors or business owners. The property features spacious ground-floor retail or office space with excellent street visibility, large display windows, and high foot traffic.Upstairs, you'll find beautiful, newly renovated residential units complete with stone countertops, stainless appliances, and high end fixtures. You just can't beat the enormous outdoor deck space that is absolutely unrivaled and offers fantastic views of the Kalamazoo River, concerts, fireworks shows, and more.Ample parking is available nearby, and the location provides easy access to local shops, restaurants, and community events. Whether you're looking to expand your portfolio or start your business in a vibrant downtown setting, this property delivers both potential and charm. Call to schedule a private tour.
Legal
THE NLY 65.5 FT OF WLY 1/2 LOT 298 & ALSO NLY 65.5' OF ELY 18.5' LOT 299 ORIGINAL PLAT SEC 28 T2N R13W TAX MAP: 0.06 AC

Water Type

River
Yes

Water Fea. Amenities

Public Access 1 Mile or Less
Yes
View
Yes

Street Type

Paved
Yes
Public
Yes

Property Use

Investment
Yes

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Professional/Office
Yes
Retail
Yes
Other
Yes

Construction Type

Frame/Wood
Yes
Other
Yes

Exterior Material

Brick
Yes

Roofing

Rubber
Yes

Heat Source

Electric
Yes
Natural Gas
Yes

Sale Conditions

None
Yes

Ownership

LLC
Yes

Below Grade

Basement
Yes
Walk-Out Access
Yes

Heat Type

Forced Air
Yes
Mini-Split
Yes

Air Conditioning

Central Air
Yes
Mini-Split
Yes

Business Includes

Real Estate
Yes

Foundation

Block
Yes
Stone
Yes

Util Avail at St

Cable Available
Yes
Electricity Available
Yes
High Speed Internet
Yes
Natural Gas Available
Yes
Phone Available
Yes
Storm Sewer
Yes

Tenant Pays All

Electric
Yes
Gas
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes

Possession

Subject To Tenant Rights
Yes

Property Features

Property Use: Investment Water Type: River Uses: Professional/Office; Retail; Other Ownership: LLC Business Includes: Real Estate Construction Type: Frame/Wood; Other Exterior Material: Brick Roofing: Rubber Foundation: Block; Stone Below Grade: Basement; Walk-Out Access Tenant Pays All: Electric; Gas 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; Storm Sewer Heat Source: Electric; Natural Gas Heat Type: Forced Air; Mini-Split Air Conditioning: Central Air; Mini-Split Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None Unit 1: Tenant Pays Electric; Tenant Pays Gas Unit 2: Tenant Pays Electric; Tenant Pays Gas Unit 3: Tenant Pays Electric; Tenant Pays Gas Unit 4: Tenant Pays Electric; Tenant Pays Gas Possession: Subject To Tenant Rights
Listing Office: Weichert REALTORS Plat Allegan
Listing Agent: Benjamin M Otis
IDX
Source MLS Verified
Last Updated: April - 07 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.