132 Brady Street, Allegan, Michigan, 49010
6,941 Sqft
0.14 Acres
3 ba
#26029817
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 FEATURES
- Business Type : Professional/Office, Professional Service, Restaurant, Bar/Tavern/Lounge, Retail
- Utilities : Natural Gas Available, Natural Gas Connected, Electricity Connected, Cable Connected
- Water Source : Public
- Sewer : Public Sewer
- Parking Features: Paved
- Zoning Description : C1 CBD
- Cooling on Property:
- Cooling: Central Air
- Heating on Property:
- Heating : Natural Gas, Forced Air
- Construction Materials: Brick, Block, Frame
- Road Surface Type: Paved
- Basement on Property:
PROPERTY DETAILS
ID: 26029817
Status: Active
Price: $350,000
Acres: 0.14 Acres
Price Per Acre: $2,500,000
Type: Other
Address: 132 Brady Street
City, State: Allegan, Michigan
County: Allegan
Zip Code: 49010
Lat/Long: 42.527306, -85.848459
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