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    Otsego, MI

    Otsego, MI Commercial Real Estate for Sale

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    Plainwell, MI Allegan, MI Kalamazoo, MI
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    Turnkey Restaurant in Historic Building
    Updated: Dec 15, 2025
    Turnkey Restaurant in Historic Building

    113 N Farmer Street, Otsego, MI 49078

    $498,000
    3,420 sqft
    Turnkey restaurant opportunity with real estate and FF&E included.
    Newly renovated and restored historical building (125+ years old).
    Fully equipped kitchen suitable for diverse menu options.
    Includes a remodeled 900 s.f., 2‑bedroom apartment on the 2nd floor.
    Seating capacity for 65‑70 customers with kitchen capacity to support higher volume.
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    This listing looks promising.

    Here's a quick look at some key insights for

    113 N Farmer Street, Otsego, MI 49078

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $38K
      Annual

    • Mortgage

      $132K
      Jan 2020
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    Turnkey Restaurant and Concert Venue
    Updated: Dec 3, 2025
    Turnkey Restaurant and Concert Venue

    117 E Allegan Street, Otsego, MI 49078

    $1,283,000
    7,148 sqft · 0.33 AC lot
    Turn‑key concert venue and restaurant with Class C Liquor License and brewery included.
    High‑capacity entertainment space: 200+ indoor seating and 1200 outdoor capacity.
    Includes Real Estate, FF&E, and a 16‑stall bathroom trailer.
    Features 69 taps with three keg coolers.
    Four serving locations, large hospitality suite, and office space.
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    Historic Church with Bell Tower
    Historic Church with Bell Tower

    245 Court Street, Otsego, MI 49078

    $325,000
    8,117 sqft · 2.11 AC lot

    Historic brick church with a cleared main sanctuary, expansive lower meeting hall, and on-site parking for community uses.

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    Turn-Key Concert Venue & Restaurant
    Turn-Key Concert Venue & Restaurant

    117 - 133 E Allegan Street, Otsego, MI 49078

    $1,283,000
    7,148 sqft · 0.05 AC lot

    Otsego concert venue and restaurant with brewery and liquor license.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Downtown Otsego Mixed-Use Investment
    Downtown Otsego Mixed-Use Investment

    120 N Farmer Street, Otsego, MI 49078

    $375,000
    0.07 AC lot

    Turnkey 5-unit building with strong income in downtown Otsego.

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    Historic Church Building with Bell Tower
    Historic Church Building with Bell Tower

    245 Court Street, Otsego, MI 49078

    $325,000
    8,117 sqft · 2.00 AC lot

    Historic sanctuary and lower-level hall offer a flexible foundation for adaptive reuse, events, or community uses.

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    Office Property with Highway Visibility
    Office Property with Highway Visibility

    800 E Allegan St, Otsego, MI 49078

    $450,000
    1,872 sqft

    Well-maintained office space with immediate income and highway visibility.

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    Enclosed RV and Vehicle Storage
    Enclosed RV and Vehicle Storage

    363 West River Street, Otsego, MI 49078

    Contact for pricing
    36,448 sqft · 3.40 AC lot

    Purpose-built storage facility in Otsego, Michigan, near Kalamazoo River.

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    Industrial Land by Kalamazoo River
    Industrial Land by Kalamazoo River

    602 Lincoln Road, Otsego, MI 49078

    $150,000
    2.34 AC lot

    Vacant industrial parcel near US-131 and Kalamazoo River.

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    Otsego Land with Road Frontage
    Otsego Land with Road Frontage

    1431 M-89 Highway, Otsego, MI 49078

    $199,900
    12.57 AC lot

    Over 12 acres of land with road frontage.

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    Otsego Mixed-Use Investment Opportunity
    Otsego Mixed-Use Investment Opportunity

    120 N Farmer Street, Otsego, MI 49078

    $375,000
    3,944 sqft

    Turnkey 5-unit mixed-use building in downtown Otsego.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 11 Active listings in Otsego, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Brick Inn and Event Venue
    Historic Brick Inn and Event Venue

    675 10th Street, Plainwell, MI 49080

    $350,000
    5,000 sqft · 5.11 AC lot

    Historic brick property with multiple fireplaces, updated roof, repaired chimneys, and resurfaced driveway and parking for event-ready use.

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    Versatile Commercial Property in Plainwell
    Versatile Commercial Property in Plainwell

    995 N 106th Avenue, Plainwell, MI 49080

    $210,000
    1,668 sqft · 0.88 AC lot

    Updated building suitable for office, retail, or service use.

    View details
    Historic Brick Inn Estate
    Historic Brick Inn Estate

    675 10th Street, Plainwell, MI 49080

    $350,000
    5,000 sqft

    A historic brick estate with multiple fireplaces, updated roofing, and resurfaced driveway and parking for hospitality or private use.

    View details
    Profitable Auto Shop Investment Opportunity
    Profitable Auto Shop Investment Opportunity

    291 12th St, Plainwell, MI 49080

    $1,575,000
    12,480 sqft

    NNN leased auto shop with corporate guarantee and high volume.

    View details

    Off-Market Properties in Otsego, MI

    Consider similar Off-Market properties in Otsego, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    338 Allegan St
    DENTAL BUILDING

    338 Allegan St, Otsego, MI 49078-1012

    Value Estimation by Request
    1,968 sqft · 0.16 AC lot
    View details
    720 Lincoln Rd
    AUTO REPAIR, GARAGE

    720 Lincoln Rd, Otsego, MI 49078-8706

    Value Estimation by Request
    1,408 sqft · 1.55 AC lot
    View details
    39 16th St
    AUTO REPAIR, GARAGE

    39 16th St, Otsego, MI 49078

    Value Estimation by Request
    2,700 sqft · 1.07 AC lot
    View details
    117 Farmer St
    OFFICE BUILDING

    117 Farmer St, Otsego, MI 49078-1147

    Value Estimation by Request
    4,330 sqft · 0.12 AC lot
    View details
    134 Allegan St
    GROCERY, SUPERMARKET

    134 Allegan St, Otsego, MI 49078-1102

    Value Estimation by Request
    529 sqft · 0.19 AC lot
    View details
    1314 M 89
    VACANT COMMERCIAL LAND

    1314 M 89, Otsego, MI 49078

    Value Estimation by Request
    0.76 AC lot
    View details
    1269 M 89
    WHOLESALE OUTLET, DISCOUNT STORE

    1269 M 89, Otsego, MI 49078

    $1,775,000
    Estimated value
    43,763 sqft · 2.84 AC lot
    View details
    1420 M 89
    RESTAURANT

    1420 M 89, Otsego, MI 49078-9301

    Value Estimation by Request
    2,928 sqft · 0.94 AC lot
    View details
    541 Allegan St
    DRIVE-THRU RESTAURANT, FAST FOOD

    541 Allegan St, Otsego, MI 49078-1015

    Value Estimation by Request
    400 sqft · 0.15 AC lot
    View details
    706 Allegan St
    OFFICE BUILDING

    706 Allegan St, Otsego, MI 49078-1306

    Value Estimation by Request
    1,362 sqft · 0.77 AC lot
    View details
    719 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    719 Allegan St, Otsego, MI 49078-1301

    Value Estimation by Request
    4,200 sqft · 0.69 AC lot
    View details
    742 Allegan St
    OFFICE BUILDING

    742 Allegan St, Otsego, MI 49078-1302

    Value Estimation by Request
    4,883 sqft · 2.13 AC lot
    View details
    254 Water St
    MINI-WAREHOUSE, STORAGE

    254 Water St, Otsego, MI 49078

    Value Estimation by Request
    1,364 sqft · 0.82 AC lot
    View details

    Otsego, MI Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Otsego, MI, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 38,294 square feet of properties for sale, with an estimated market value of $4,159,000.

    Sale prices for business properties in Otsego, MI start at $70,000, averaging $594,142, and reaching up to $1,283,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 10K
    Population Growth (5Y) +13.4%
    Median Household Income $77,517
    College Educated 25.1%

    High-Yield Neighborhoods for Investment

    Identify Otsego submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49078 $488.4K

    Taxes & Financing

    Tax Rate (average for all types) 3.72%
    Property Tax per SF $79.14 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Allegan County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Allegan County

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