Development Opportunity Downtown Allegan, MI - Corner Lot at Water and Cutler Streets

Cutler Street Allegan, MI 49010

Cutler Street , Allegan, MI, 49010
Cutler Street , Allegan, MI, 49010 Cutler Street , Allegan, MI, 49010
FOR SALE
Property Type:
Commercial Land Development
Amount:
$300,000
Cap Rate:
0.00%
Last Verified:
Aug 12, 2025

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Prime Downtown Allegan Development Parcel Located at the intersection of Water Street and Cutler Street, this paved ±0.88-acre site is ideally positioned just one block from the Village Market on Monroe Street and steps from the city’s vibrant town center. Allegan is a growing, walkable community with a strong local identity and an expanding commercial base. This parcel sits within a dynamic downtown district that features a mix of locally owned shops, popular restaurants, craft breweries, and coffee houses, offering excellent potential for retail, office, or mixed-use development. The site also benefits from established infrastructure, corner visibility, and convenient access to nearby residential neighborhoods and regional traffic. With the city of Allegan actively investing in infrastructure, place making initiatives, and an economic goal to attract new housing, now is the time to take advantage of this strategic location. Whether you’re envisioning a boutique storefront, professional office, or a community-focused development, this parcel offers the visibility, accessibility, and charm to support long-term success.

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Map of Cutler Street , Allegan, MI, 49010

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.