245 Hubbard Street, Allegan, MI 49010
Allegan County
Key Facts
Description
Prime opportunity awaits in the heart of downtown Allegan! This recently redeveloped mixed-use building offers exceptional versatility for investors or business owners. The property features spacious ground-floor retail or office space with excellent street visibility, large display windows, and high foot traffic. Upstairs, you'll find beautiful, newly renovated residential units complete with stone countertops, stainless appliances, and high end fixtures. You just can't beat the enormous outdoor deck space that is absolutely unrivaled and offers fantastic views of the Kalamazoo River, concerts, fireworks shows, and more. Ample parking is available nearby, and the location provides easy access to local shops, restaurants, and community events. Whether you're looking to expand your portfolio or start your business in a vibrant downtown setting, this property delivers both potential and charm. Call to schedule a private tour.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1900
Living Area
6,072 sq ft
Lot Size
0.07 acres
Lot Dimensions
44 x 65
Parking Spaces
2
Days on Market
76
MLS® Listing#
26002654
Property Features
Cooling
Heating
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Schools
- District:
- Allegan
Financial Details
Annual Taxes
$9,406
Tax year 2025
Assessed Value
$150,178
Parcel Number
03-51-305-047-00
Directions
FromM-222, continue onto to Grand Street, Grand turns slightly and becomes Monroe Street. Turn left onto Chestnut Street. Turn left onto Hubbard.
Affordability Calculator
$150,000
Estimated monthly payment
$3,992/mo
Principal $600,000 · Est. interest $837,053 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Allegan, MI
- $333,333
- Median Listing Price
- 37
- Median Days on Market
- 1,798
- Median Sq Ft
- $173
- Median Price / Sq Ft
- 98
- Active Listings
- This home’s price is 125% above the area median.
- Its price per sq ft is 29% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Allegan, MI.
Location
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Points of Interest in Allegan, MI
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1918 43RD Street, Allegan, MI | $543,000 | 4 | 3 | 1,902 |
| 3220 Fairhaven Drive, Allegan, MI | $555,000 | 4 | 4 | 3,652 |
| 3220 Fairhaven Drive, Allegan Township, MI | $555,000 | 4 | 4 | 3,652 |
| 4137 Monroe Road, Allegan, MI | $565,000 | 5 | 3 | 3,329 |
| 3189 125th Avenue, Allegan, MI | $574,900 | 3 | 2 | 1,734 |
| 1231 Lincoln Road, Allegan, MI | $605,000 | — | 2 | 11,432 |
Moving Cost Estimate
EXIT Agents in Allegan
Listing Courtesy: Weichert REALTORS Plat Allegan - 2695126290
Presented by: Benjamin M Otis