500 Linn Street Allegan, MI ^$ 950,000

500 Linn Street

^$ 950,000

Back to search

500 Linn Street

Allegan, MI, 49010

^$ 950,000

Studio Baths0.0 Sq 2,275

Monthly Estimate*

^$ 6,314

500 Linn Street, Allegan, MI 49010 - Image 1

500 Linn Street, Allegan, MI 49010 - Image 2

500 Linn Street, Allegan, MI 49010 - Image 3

500 Linn Street, Allegan, MI 49010 - Image 4

500 Linn Street, Allegan, MI 49010 - Image 5

500 Linn Street, Allegan, MI 49010 - Image 6

500 Linn Street, Allegan, MI 49010 - Image 7

500 Linn Street, Allegan, MI 49010 - Image 8

500 Linn Street, Allegan, MI 49010 - Image 9

Studio

Commercial Property for sale in Allegan, MI

for $950,000. This 2,275 square foot building was built in 1968 on a lot size of 1.01.

Here is a rare opportunity to purchase a nicely updated 2-unit commercial building and a well-established existing cannabis dispensary business. Sale includes all business fixtures, furnishings, real estate, and the opportunity to work with an experienced cannabis-business entrepreneur. Current owner will assist with all aspects of the business transfer. The commercial building houses the dispensary (The Green Door Allegan) and a local Chiropractor. The building is nicely updated and conveniently located in the City of Allegan, directly off M-40 and close to the City center. Sale also includes an adjacent vacant lot with frontage on M-40. The dispensary benefits from a fantastic brand, and is very profitable.

Commercial Active

Price

^$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,926

Style

Commercial/Industrial

Lot Size

1.01

Year Built

1968

Town/City

Allegan

County/Region

Allegan

MLS | Web ID

70380182

Features

General

Heating Forced Air

Possession Close Plus 3-5 Days

Roof Composite

Water Public Water Public Water at Street

Status Active Active

Year Built 1968

County Allegan

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership LLC

Municipality Allegan

Zoning Commercial

Subdivision MI

Commercial Features Cable TV Available Electric Available Furniture Gas Available Outside Storage Telephone

Area Allegan (03025)

Primary City Allegan

Directions From M-89 (Marshall Street and M-40 (Jenner Drive)

City Allegan

Street Name Linn

Financial Terms Cash Conventional Land Contract Purchase Money MTG

Legal Description See attached

DOM 181

Postal Code 49010

Price Per Sq Ft Total 417.58

Coming Soon Here is a rare opportunity to purchase a nicely updated 2-unit commercial building and a well-established existing cannabis dispensary business. Sale includes all business fixtures furnishings

Exterior

Exterior Frame Wood

Frontage 265

Lot Size Area 1.01

Lot Dimensions irregular

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Scott Parker

Listing Agent

Berkshire Hathaway Homeservices Michigan Real Estate

Broker

scottparker@bhhsmi.com

Affordability Calculator

$7,058

Per Month

Monthly Principal & Interest: $6,314
Monthly Property Taxes: $744
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Allegan, MI

Average List Price ^$361,700

Percent of Sale Price 62%

About Allegan, MI

5,304 Population

12% Since 2002

^$44,873 Median Income

36.7 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/6/2023	$950,000		Listed Price

Map

More homes like this one

homes for you

See all

500 Linn Street, Allegan, MI, 49010 is a Commercial Property for sale at $950,000 with 2,275 sqft and a lot size of 1.01. 500 Linn Street is a studio with 0.0 baths and was built in 1968. The property's zip code is 49010 which is in Allegan, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

500 Linn Street

Commercial Property for sale in Allegan, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home