132 Brady Street Allegan, MI $ 350,000
132 Brady Street
$ 350,000
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132 Brady Street

Allegan, MI, 49010
$ 350,000
Bedrooms-- Baths-- Sq 6,941

Monthly Estimate*

$ 2,155

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Commercial Property for sale in Allegan, MI

for $350,000. This 6,941 square foot building was built in 1885 on a lot size of 0.14.

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! Included and RSVD items attached

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Commercial Active

Price

$ 350,000

Property Type

Commercial

Taxes

$ 3,013

Style

Commercial/Industrial

Lot Size

0.14

Year Built

1885

Town/City

Allegan

County/Region

Allegan

MLS | Web ID

70539505

Features
General
Heating Forced Air
Status Active Active
Year Built 1885
County Allegan
Class COM/IND/BUS OPP
Type Commercial/Industrial
Municipality Allegan
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Commercial Features Furniture
Area Allegan (03025)
Primary City Allegan
Directions From the south M-89 into Allegan east on to Hubbard Street south onto Brady
City Allegan
Financial Terms Cash Conventional
Legal Description see attached
DOM 3
Postal Code 49010
Price Per Sq Ft Total AG 50.43
Public Remarks Rare investment opportunity in historic downtown Allegan! Built in 1885 this iconic 2-story brick building boasts over 6
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Exterior
Exterior Block Brick Frame Wood
Frontage 60
Lot Size Area 0.14
Lot Dimensions irregular
Roads City/County Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Cheri Schulz

Listing Agent

Berkshire Hathaway Homeservices Mi

Broker

cherischulz@bhhsmi.com

Email

Affordability Calculator

$2,406
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,155
Monthly Property Taxes
$251
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/17/2026$350,000 Listed Price

Map


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132 Brady Street, Allegan, MI, 49010 is a Commercial Property for sale at $350,000 with 6,941 sqft and a lot size of 0.14. 132 Brady Street was built in 1885. The property's zip code is 49010 which is in Allegan, MI