Julia HunteyBig Rapids Realty, Canadian Lakes Team, REALTOR®

313-720-5957

132 Brady Street, Allegan, MI 49010

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$350,000
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  • Bedrooms  
  • Bathrooms 3
  • SQ. FT.  
  • Schools Allegan
  • County Allegan
  • Township Allegan City
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms 3 (F)
  • Basement  
  • Garage  
  • Acreage 0.14
  • Heat Type Forced Air
  • Central Air Central Air
  • Year Built 1885
  • Style  
  • Exterior  
  • Taxes  
  • SEV 114200
  • Zoning C1 CBD
  • Parcel 03-51-205-027-00
  • Lot Size irregular

Features

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

Directions From the south, M-89 into Allegan east on to Hubbard Street, south onto Brady
Listing Courtesy of Cheri S Schulz - Berkshire Hathaway HomeServices MI

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