132 Brady Street, Allegan, MI 49010
132 Brady Street, Allegan, MI 49010
132 Brady Street, Allegan, MI 49010
132 Brady Street, Allegan, MI 49010
132 Brady Street, Allegan, MI 49010
132 Brady Street, Allegan, MI 49010
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$ 350,000
Est. payment | /mo

3 Baths

6,941 SqFt


Save
$ 350,000
Est. payment | /mo
Save

3 Baths

6,941 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,941 sqft

Price per Sqft $50

Municipality Allegan City

MLS Listing ID 26029817

Full Baths 3

Year Built 1885

Annual Tax Amount $3,013

Tax Year 2026

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions irregular

Property Sub-Type Retail

Source Michigan Regional Information Center (MichRIC)

Property Description

Rare investment opportunity in historic downtown Allegan! Built in 1885, this iconic 2-story brick building boasts over 6,941 sq ft of versatile space and sits directly across from Mahan City Park with beautiful views of the Kalamazoo River. The main level houses the legendary 'Sherwoods Cove' bar--a downtown landmark for decades--plus an occupied 1-bedroom apartment featuring a reliable, long-term tenant. The expansive second story is a blank canvas offering incredible income potential to create multiple upper-level apartments. Capitalize on city support, as Allegan municipal offices will assist the new owner with grant applications to help fund the upstairs residential construction. The valuable liquor license is also available for separate purchase. The building is a launchpad for your hospitality, retail, service vision. Bring your business ideas and become a cornerstone of Allegan's vibrant, growing downtown community!

Location

State MI

County Allegan

Direction From the south, M-89 into Allegan east on to Hubbard Street, south onto Brady

Interior

Heating Forced Air

Cooling Central Air

Inclusions Real Estate, Furniture, Equipment

Exterior

Utilities Available Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

View Y/N No

Street Surface Paved

Building

Structure Type Brick

New Construction No

Schools

School District Allegan

Others

Tax ID 03-51-205-027-00

Ownership Trust

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Listed by Berkshire Hathaway HomeServices MI

Nearby Locations

Crystal Powers

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(734) 765-7300

realtorcpowers@gmail.com

2750 S State St, Ann Arbor, MI, 48104, USA

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132 Brady Street