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500 Linn St
Allegan, MI 49010
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Prime location in Allegan’s high-income trade area.
- Existing tenancy with income potential.
- Strong demographics and retail synergy nearby.
- Zoned for office, medical, and retail uses.
- Seller financing available for qualified buyers.
EXECUTIVE SUMMARY
Positioned in the heart of Allegan, this freestanding office/retail building at 500 Linn Street offers a rare investment opportunity in a thriving West Michigan community. The property spans nearly one acre and features a well-maintained structure with modern upgrades, including a back-up generator, secure entry system, and ample parking. Zoned TN2 Traditional Neighborhood Residential, the site supports a wide range of uses such as office, medical, and retail, making it ideal for investors seeking flexibility and long-term value.
The building currently includes two suites: Suite A, occupied on a month-to-month basis by a local chiropractic office, and Suite B, a turnkey space formerly utilized as an Adult-Use Provisioning Center. This dual-suite configuration provides immediate income potential and adaptability for future tenants or owner-users. Located in a high-income area with strong demographics—average household income exceeding $81,000 within five miles—the property benefits from proximity to local and national retailers, ensuring consistent traffic and visibility.
With an asking price of $400,000 and seller financing available, this asset represents an exceptional opportunity for investors or businesses looking to secure a strategic foothold in Allegan’s growing market. Whether you envision a single-user conversion or a multi-tenant configuration, 500 Linn Street delivers the infrastructure, location, and versatility to support your vision.
The building currently includes two suites: Suite A, occupied on a month-to-month basis by a local chiropractic office, and Suite B, a turnkey space formerly utilized as an Adult-Use Provisioning Center. This dual-suite configuration provides immediate income potential and adaptability for future tenants or owner-users. Located in a high-income area with strong demographics—average household income exceeding $81,000 within five miles—the property benefits from proximity to local and national retailers, ensuring consistent traffic and visibility.
With an asking price of $400,000 and seller financing available, this asset represents an exceptional opportunity for investors or businesses looking to secure a strategic foothold in Allegan’s growing market. Whether you envision a single-user conversion or a multi-tenant configuration, 500 Linn Street delivers the infrastructure, location, and versatility to support your vision.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Building Size
4,386 SF
Building Class
C
Year Built
1980
Price
$400,000
Price Per SF
$91.20
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.11
Lot Size
0.94 AC
Zoning
C-1 - Commercial
Parking
10 Spaces (2.28 Spaces per 1,000 SF Leased)
Frontage
91’ on Linn Street
PROPERTY TAXES
| Parcel Number | 51-305-095-00 | Improvements Assessment | $113,600 |
| Land Assessment | $24,200 | Total Assessment | $137,800 |
PROPERTY TAXES
Parcel Number
51-305-095-00
Land Assessment
$24,200
Improvements Assessment
$113,600
Total Assessment
$137,800
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