About This Home

This 0-bedroom, 3-bathroom commercial at 132 Brady Street in Allegan, MI is listed for $350,000 ($50 per sqft). Built in 1885, the home offers 6,941 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1885
  • 0.14 acre lot

Property Details

3 full
1885

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$1,872/mo

20% down · 6.5% · 30 years

Principal$253
Interest$1,517
Insurance$102

Estimates only. Actual payments may vary.

Location

132 Brady Street

Allegan, MI 49010

Property Details

Construction

Brick

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 3-bathroom commercial at 132 Brady Street is listed at $350,000 ($50/sqft). The estimated monthly payment is $1,872 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1885, 0.14 acre lot.

This property is listed by Cheri S Schulz.

CS

Cheri S Schulz

Agent at berkshire hathaway home services michigan real estate

Listed by berkshire hathaway home services michigan real estate · Broker phone: (269) 673-3030 · Broker website

MLS# 26029817· Source: Michigan Regional Information Center, LLC.· 136 days on PropertySimple

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

132 Brady Street, Allegan, MI 49010

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