For Sale Commercial MLS# 26029817

132 Brady Street

Allegan, MI 49010

$350,000

michigan-regional-information-center-llc-rsd logo

Listing Office

Officemichigan-regional-information-center-llc-rsd logoBerkshire Hathaway HomeServices MI
AgentCheri S Schulz

About 132 Brady Street

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 a 1-bedroom apartment that has always been easy to rent. 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 list document attached At full price all contents included except for inventory and reserved items which are all stained glass, metal signs and mirrors.

Property details

Property

Type
Retail
MLS type
Commercial
Status
Active
Year built
1885
Stories
3470
Living area
6,941 sqft
Price / sqft
$50
Lot
0.14
Full baths
3
Original price
$350,000
MLS #
26029817

Interior

Heating
Forced Air
Cooling
Central Air

Exterior & lot

Construction
Brick

Schools

District
Allegan Public Schools

Utilities

Utilities
Public Water, Cable Connected, Electricity Connected, Natural Gas Connected, Storm Sewer
Water
Public Water

Financial

Financial
Michigan Regional Information Center (MichRIC), Private Owned
Annual tax
$3,013
Tax year
2025
Parcel
03-51-205-027-00
Legal
see attached

Location

County
Allegan
Community
Paved
Directions
From the south, M-89 into Allegan east on to Hubbard Street, south onto Brady

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.