231 Trowbridge Street, Allegan MI 49010 Photo 1 231 Trowbridge Street, Allegan MI 49010 Photo 2

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231 Trowbridge Street - Office building in Downtown Allegan available for Sale with 11,250 SF on the main floor and 11,250 SF on the lower level. Building is 100% occupied with long-time tenants Perrigo, Allegan County News and Remington Insurance. Priced at a 10.54% capitalization rate. New roof was put on building in 2011 and most HVAC equipment is newer. Price reduced. Licensed real estate agent is a member of the selling LLC.

Listing information

  • MLS® ID: 16001992
  • Year Built: 1800
  • New Construction: No
  • Lot Area: 0.27
  • School District: Allegan
  • Property ID: 103913542
  • Status: Active
  • Foreclosure: No
  • Estimated Annual Taxes: $12,559
  • Subdivision: K59 - Allegan Twp
  • Style: Office
  • Stories: 0
  • Total Square Footage: 11,250 ($42.66 per sq. foot)
  • County: Allegan

Features

Air Conditioning Central
Auction or For Sale For Sale
Business Includes Real Estate
Construction Type Concrete
Driveway Paved
Heat Source Natural Gas
Heat Type Forced Air
Other Road Frontage - 94.00, Zoning - C-1
Property Sub-Type Office
Purchase Terms Avail Cash/Conventional
Roofing Comp Shingle
Sale Conditions None
Street Type Paved, Public
Uses Office
Util Avail at St Cable, Electric, Natural Gas, Public Sewer, Public Water, Telephone
Utilities / Sewer Public
Utilities Attached Electric, Natural Gas
Water Public
Waterfront Options: Waterfront Y/N No
Listed by James Edewaard of Coldwell Banker Schmidt REALTORS 616-396-8649