Address
500 Linn Street, Allegan, MI
Price
$ 950,000
Property Attributes
- MLS#23144083
- TypeCommercial
- CountyALLEGAN
- CityAllegan
- AreaAllegan City
- NeighborhoodAllegan City
- Zip49010
- StyleRetail/Commercial
- Year Built1968
- Taxes$ 8926
- Price$ 950,000
- Bedrooms0
- Full Bathrooms3
- Half Bathrooms0
- Lot Size1.01 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
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.
| Price History | |
|---|---|
| 12/6/2023 | Listed $950,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Cooling | Central Air |
| Utilities | Phone Available,Storm Sewer Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Cable Available,Phone Connected,Natural Gas Connected,Electric Connected |
| Possession | Close Plus 3 to 5 Days |
| Roof | Composition |
| Construction Materials | Wood Siding |
| Year Built | 1968 |
| Tenant Pays | Electricity,Gas,Sewer,Water |
| Township | Allegan City |
| Property SubType | Retail/Commercial |
| Tax Year | 2022 |
| Business Type | Other,Professional/Office,Professional Service,Retail |
| County | Allegan |
| New Construction | No |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Building Features | Outdoor Storage,Security System |
| Status | Active |
| Directions | From M-89 (Marshall Street and M-40 (Jenner Drive),travel South on M-40 (Jenner Drive) to Maple Street. Turn east on Maple Street to Linn Street. turn South on Linn Street to Address. (building is |
| City | Allegan |
| High School District | Allegan |
| Zoning Description | 201 Commercial |
| Total Units | 2 |
| MLS Area | Greater Kalamazoo - K |
| Lot Size Square Feet | 43996.0 |
| Waterfront Y/N | No |
| Street Name | Linn |
| Land Lease Y/N | No |
| Tax Annual Amount | 8926.0 |
| Lease Renewal Y/N | No |
| MLS Area Minor | Greater Kalamazoo - K |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Availability Date | 2023-12-06 |
| Days on Market | 159 |
| Standard Status | Active |
| Tax Assessed Value | 135300 |
| Ownership Type | LLC |
| MobileHomeRemainsYN | No |
| Legal Description | See attached |
| Senior Community | None |
Interior Features
| Basement | Full |
|---|---|
| Total Fireplaces | 1 |
| Total Stories | 1 |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Full Baths | 3 |
| Street Suffix | Street |
| Electric On Property Y/N | No |
| Total Baths | 3 |
Exterior Features
| Parking Features | Paved |
|---|---|
| Water Source | Public |
| Inclusions | {u'Equipment': True,u'Real Estate': True,u'Furniture': True} |
| Lot Size Area | 1.01 |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 2275.0 |
| Lot Dimensions | irregular |
| Lot Size Acres | 1.01 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 49010
Price
Taxes
Visits
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update May 15, 2024 10:18 AM UTC
Water Wonderland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
