$489,000

PRIME DOWNTOWN ALLEGAN INVESTMENT OPPORTUNITY! Built in 1899 and beautifully maintained, this historic mixed-use commercial building offers timeless character, an exceptional location, and immediate income potential. Situated directly on Allegan's vibrant downtown square and near Riverfront Park, next to the historic theater, this property features four fully leased, income-producing units, including three commercial spaces and a stunning upper-level residential loft. The spacious two-bedroom apartment offers a full kitchen, 2 full bathrooms, in-unit laundry, and an expansive open-concept living area reminiscent of a classic Chicago or New York City loft. As downtown Allegan continues its exciting revitalization, with thriving local businesses, restaurants, and entertainment, this property presents a fantastic opportunity to invest in the city's growing future. A rare chance to own a piece of Allegan's history while enjoying an established income stream!