Pending
106 Locust Street Street, Allegan, MI 49010
$169,900
MLS # 26007561 (Michigan Regional Information Center (MichRIC))
1 bathBuilt 18800.06 acres
1 / 37
Listing Description
106 Locust Street offers strong potential for upper-level residential redevelopment above commercial space within Allegan's historic and walkable downtown district. This mixed-use building provides flexibility for investors, entrepreneurs, or developers seeking to reposition a property for long-term income and appreciation. Located near local shops, dining, and the Kalamazoo Riverfront , the property benefits from excellent visibility and walkability in one of Allegan's most active commercial corridors. The building layout supports a variety of possibilities including street-level commercial use with residential units above, creating the type of mixed-use environment increasingly sought in small-town downtown revitalization. The neighboring property is also available, (MLS 26007575) presenting a rare opportunity to expand the project footprint and explore a larger downtown redevelopment concept.
Source: SparkMLS
About this home
This 1-bath home built in 1880 sits in Allegan Township in Allegan.
Asking $169,900.
Property tax estimate: $3,334 per year ($278/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by Michigan Gas Utilities Corporation.
Listing Property Details
Property TypeCommercial Sale
Property SubtypeRetail
Bathrooms1
Lot Size0.06 acres
Year Built1880
Location
CityAllegan
MunicipalityAllegan City
Zip Code49010
CountyAllegan
School DistrictAllegan
Construction & Systems
ConstructionBrick
HeatingForced Air
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
InteriorBroadband
Sale & Financing
Listed3/1/2026
Original Price$175,000
Terms AcceptedConventional, Cash
Source: SparkMLS
Tax Information
Annual Tax$3,334
Tax Year2025
Assessed Value$53,237
Parcel #51-205-019-00
Source: SparkMLS
Legal Description
N 22.27 FT OF S 97.93 FT OF LOTS 267 & 268 ALSO N 10 FT OF S 75.66 FT OF W 30 FT OF LOT 267 O. P. SEC 28.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Carol L Sneller
Coldwell Banker Sneller Real Estate
Frequently Asked Questions about 106 Locust Street Street, Allegan, MI 49010
Which school district serves 106 Locust Street Street, Allegan, MI 49010?
Per MLS# 26007561, 106 Locust Street Street, Allegan, MI 49010 is in the Allegan boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Allegan directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 26007561, this listing accepts Conventional, Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 106 Locust Street Street, Allegan, MI 49010?
Per public tax records, annual property taxes for this property are $3,334 (2025). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 106 Locust Street Street, Allegan, MI 49010 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 106 Locust Street Street, Allegan, MI 49010 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 106 Locust Street Street, Allegan, MI 49010?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Michigan Gas Utilities Corporation. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the Allegan City police department or the Allegan County sheriff's office.
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Monthly payment$1,102
Principal & interest$1,102
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Michigan Gas Utilities Corporation
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
106 Locust Street Street, Allegan, MI 49010
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Municipality
Allegan Township
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