132 Brady Street, Allegan, MI 49010
New Listing $350,000
Property Type: Commercial Sale Baths: 1 Square Footage: 6,941 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $350,000 List Date: 6/17/2026 Last Modified: 6/18/2026
Overview
Description
Listing Details MLS# 26029817
Location Property Info
- County
- Allegan
- Street #
- 132
- Street Name
- Brady
- Suffix
- Street
- State
- MI
- Zip Code
- 49010
- Zip (4)
- 1313
General Property Info
- New Construction
- No
- Lot Measurement
- Acres
- Lot Acres
- 0.14
- Lot Square Footage
- 6098
- Lot Dimensions
- irregular
- Year Built
- 1885
- Road Frontage
- 60
- Total # Units
- 3
- # Fin Bldg Lvls
- 3470
- # of Diff Unit Floor Plans
- 2
- Total # Bldgs
- Yes
- Total SqFt
- 6941
- Full Baths
- 3
- Total Baths
- Yes
- Waterfront
- No
- School District
- Allegan
Tax Info
- Tax ID #
- 03-51-205-027-00
- Taxable Value
- 49421
- SEV
- 114200
- For Tax Year
- 2026
- Seller's Annual Property Tax
- 3013
- Tax Year
- 2025
- Spec Assessment & Type
- N/K
- Zoning
- C1 CBD
- Homestead %
- 0
Remarks Misc
- Directions
- From the south, M-89 into Allegan east on to Hubbard Street, south onto Brady
Location & Property Info
- Cross Streets
- Locust & State
- Property Sub-Type
- Retail
- Municipality
- Allegan City
- Ownership Type
- Private Owned
More Information
Office/Contract Info
- Auction or For Sale
- For Sale
- List Price/SqFt
- 50.43
- Prop Avail for Lease?
- No
- Current Bldg Use
- Bar, residential rental
Remarks & Misc
- Public Remarks
- 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 an occupied 1-bedroom apartment featuring a reliable, long-term tenant. 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 attached
- Legal
- see attached
Street Type
- Paved
- Yes
- Public
- Yes
Property Use
- Business
- Yes
Utilities Attached
- Cable Connected
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Uses
- Bar/Tavern/Lounge
- Yes
- Professional Service
- Yes
- Professional/Office
- Yes
- Restaurant
- Yes
- Retail
- Yes
Construction Type
- Block
- Yes
- Frame/Wood
- Yes
Exterior Material
- Brick
- Yes
Heat Source
- Natural Gas
- Yes
Sale Conditions
- None
- Yes
Ownership
- Trust
- Yes
Below Grade
- Basement
- Yes
- Full
- Yes
Heat Type
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Business Includes
- Equipment
- Yes
- Furniture
- Yes
- Real Estate
- Yes
Util Avail at St
- Storm Sewer
- Yes
Driveway
- Paved
- Yes
Purchase Terms Avail
- Cash
- Yes
- Conventional
- Yes
Property Features
Property Use: Business Uses: Bar/Tavern/Lounge; Professional Service; Professional/Office; Restaurant; Retail Ownership: Trust Business Includes: Equipment; Furniture; Real Estate Construction Type: Block; Frame/Wood Exterior Material: Brick Below Grade: Basement; Full Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at St: Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Sale Conditions: None
Listing Office: Berkshire Hathaway HomeServices MI
Listing Agent: Cheri S Schulz
Last Updated: June - 18 - 2026
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