132 Brady Street
Allegan, MI 49010
$350,000
- Bathrooms
- 1
- Finished sq ft
- 6,941
- Lot
- 0.14 acres
- Year built
- 1885
- Property type
- Retail
- County
- Allegan
- MLS #
- 26029817
- Days on market
- 144
About this home
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 a 1-bedroom apartment that has always been easy to rent. 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 list document attached
Listing courtesy of Berkshire Hathaway HomeServices MI · MichRIC · Listing agent: Cheri S Schulz
Listing data is provided through the IDX programs of MichRIC, Realcomp, MiRealSource, Northern Great Lakes MLS, and Greater Lansing REALTORS. Information is deemed reliable but not guaranteed and should be independently verified. Listings held by brokerages other than Bergrand Realty are marked with the listing brokerage's name. Last updated November 8, 2026.