500 Linn Street $950,000

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    500 Linn Street Allegan, MI 49010

    • 2,275 sq. ft.
    • 1.01 Acres
    • Commercial
    • MLS# 70380182
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    Views: 18 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
      • Acreage 1.01
      • Area Municipality Allegan (03025)
      • County Allegan
      • Originating MLS Southwestern Michigan Association of REALTORS
      • Ownership LLC
      • Total SqFt Finished 2275
      • Waterfront Y/N No
      • Year Built 1968
      • ZONING Commercial
    • Building Features
      • Exterior Construction Frame, Wood
      • Foundation Type Basement
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
      • Roofing Composite
    • Property Features
      • Water Public Water, Public Water at Street
      • Lot Size irregular
      • Roads Paved Street
      • Sewer Septic Public Sanitary, Public At Street, Storm

    Contact

    Jim Miller

    Jim Miller

    Associate

    RE/MAX Select

    Mobile Phone: 810-922-3187

    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 3:07:00 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.