500 Linn Street $950,000

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    500 Linn Street Allegan, MI 49010

    • 2,275 sq. ft.
    • 1.01 Acres
    • Commercial
    • MLS# 23144083
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    Views: 37 Days On Site: 143

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    Property Details

    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.

    • General Features
      • Year Built 1968
      • New Construction Y/N false
      • Business Type Other,Professional/Office,Professional Service,Retail
      • County Or Parish Allegan
      • Property Sub Type Retail/Commercial
      • Tax Annual Amount 8926.0
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Construction Materials Wood Siding
      • Building Area Total 2275.0
      • Roof Composition
      • Number Of Units Total 2
      • Heating Y/N true
      • Full Bathrooms 3
      • Bathrooms 3
    • Property Features
      • Lot Size Acres 1.01
      • Lot Size Area 1.01
      • Number Of Buildings 1
      • Water Source Public
      • Waterfront Y/N false
    • Schools
      • High School District Allegan

    Contact

    Brian McDonald

    Brian McDonald

    Broker/Owner

    RE/MAX Executive

    Direct: 616-291-4411

    Neighborhood

    49010 (Allegan) Demographics

    40 Median Age
    106 Population Density (per sq. mile)
    26% College Educated
    $56,158 Estimated Median Income
    5,337 Estimated Total Home Owners
    1,128 Estimated Total Renters
    83% / 17% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    17,494 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $272,450 Median Sales Price
    40 Homes Sold
    38 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $950,000
        12/6/2023 2:45:00 PM New in Database Source: Multiple Listing Service New Value: $950,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.