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    Otsego, MI

    Otsego, MI Commercial Real Estate for Sale

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    Plainwell, MI Allegan, MI Kalamazoo, MI Martin, MI Portage, MI Michigan Center, MI Oshtemo, MI Mattawan, MI
    15 properties
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    Turnkey Restaurant with Seating
    Updated: Dec 15, 2025
    Turnkey Restaurant with Seating

    113 N Farmer Street, Otsego, MI 49078

    $425,000
    3,420 sqft
    Restaurant located in a restored 125+ year old storefront building built in 1900
    Full kitchen setup for soups, sandwiches, baked goods, smoked meats, and wood fired pizzas
    Dining seating for 65–70 with kitchen capacity to serve more than that volume
    Nearby city parking lot close to front and rear entrances
    Includes a 2nd‑floor apartment with 900 SF, 1 bath, 2 bedrooms, remodeled in 2022
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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

      9%
      Above avg (5.9%)

    • Est. NOI

      $38K
      Annual

    • Mortgage

      $132K
      Jan 2020
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    Turn-Key Concert Venue and Brewery
    Updated: Dec 3, 2025
    Turn-Key Concert Venue and Brewery

    117 E Allegan Street, Otsego, MI 49078

    $1,283,000
    7,148 sqft 0.33 AC lot
    Sale includes real estate, FF&E, a 16‑stall bathroom trailer, brewery, and a Class C liquor license with four serving locations
    Concert venue setup with two stages, plus a large hospitality suite and office space
    Restaurant includes 69 taps in three keg coolers for beer service
    Seating for over 200 guests inside and up to 1,200 people in the outdoor space
    Brick construction with forced air heating and central air cooling; year built 1950
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    Turn-Key Restaurant & Brewery Venue
    Turn-Key Restaurant & Brewery Venue

    117 - 133 E Allegan Street, Otsego, MI 49078

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

    For sale in Otsego, MI, including real estate, FF&E, a brewery, and a Class C liquor license with four serving locations.

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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 a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Renovated Mixed-Use Storefront
    Renovated Mixed-Use Storefront

    113 N Farmer Street, Otsego, MI 49078

    $425,000
    3,420 sqft

    Renovated brick-and-stone property combines a restaurant-ready kitchen with an upstairs residential unit and nearby public parking.

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    Agricultural Farmland with Pond
    Agricultural Farmland with Pond

    V/L 116th Avenue, Otsego, MI 49078

    $665,000
    37.80 AC lot

    Agricultural acreage combines tillable ground, wooded areas, and a pond with electricity available.

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    Updated Mixed-Use Building
    Updated Mixed-Use Building

    120 N Farmer Street, Otsego, MI 49078

    $325,000
    0.07 AC lot

    Downtown property combines commercial suites and residential apartments with city-managed parking areas and sidewalks.

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    New Flex Space with Office
    New Flex Space with Office

    134 Helen Avenue, Otsego, MI 49078

    Contact for pricing
    720 sqft

    Each building includes a bathroom and garage-door access at both ends.

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    Industrial Land With River Frontage
    Industrial Land With River Frontage

    602 Lincoln Road, Otsego, MI 49078

    $150,000
    2.34 AC lot

    Vacant land with industrial zoning, Kalamazoo River frontage, and cable availability.

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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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    New Flex Space Buildings
    New Flex Space Buildings

    132 Helen Avenue, Otsego, MI 49078

    Contact for pricing
    1,200 sqft

    Pole-built units include an office, bathroom, and garage access.

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    New Flex Space Buildings
    New Flex Space Buildings

    136 Helen Avenue, Otsego, MI 49078

    Contact for pricing
    1,800 sqft

    Newly constructed flex buildings combine office and restroom areas with garage-door access.

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

    120 N Farmer Street, Otsego, MI 49078

    Contact for pricing
    3,944 sqft

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

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    Concert Venue with Brewery Operations
    Concert Venue with Brewery Operations

    117 - 133 E Allegan Street, Otsego, MI 49078

    $1,283,000

    Turn-key concert venue with two stages, indoor seating for 200+, outdoor space for 1,200, and brewery/restaurant operations.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in Otsego, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 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 Venue Estate
    Historic Brick Venue Estate

    675 10th Street Unit SourceFi, Plainwell, MI 49080

    $299,000
    5,000 sqft 5.00 AC lot

    Historic brick property with replaced roof, repaired chimneys and five fireplaces, plus city sewer and a natural gas heating system.

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    Updated Church Property with Storage
    Updated Church Property with Storage

    995 N 106th Avenue, Plainwell, MI 49080

    $210,000
    1,668 sqft 0.88 AC lot

    Flexible commercial building with refreshed exterior components, service areas, and a substantial rear storage room.

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    Versatile Commercial Property in GunPlain
    Versatile Commercial Property in GunPlain

    Plainwell, MI 49080

    $210,000
    0.88 AC lot

    Well-maintained commercial property suitable for office, retail, or service use.

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    Profitable Auto Shop Investment Opportunity
    Profitable Auto Shop Investment Opportunity

    291 12th St, Plainwell, MI 49080

    Contact for pricing
    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

    $320,000
    Estimated value
    1,968 sqft 0.16 AC lot
    View details
    720 Lincoln Rd
    AUTO REPAIR, GARAGE

    720 Lincoln Rd, Otsego, MI 49078-8706

    $295,000
    Estimated value
    1,408 sqft 1.55 AC lot
    View details
    39 16th St
    AUTO REPAIR, GARAGE

    39 16th St, Otsego, MI 49078

    $75,000
    Estimated value
    2,700 sqft 1.07 AC lot
    View details
    117 Farmer St
    OFFICE BUILDING

    117 Farmer St, Otsego, MI 49078-1147

    $315,000
    Estimated value
    4,330 sqft 0.12 AC lot
    View details
    134 Allegan St
    GROCERY, SUPERMARKET

    134 Allegan St, Otsego, MI 49078-1102

    $100,000
    Estimated value
    529 sqft 0.19 AC lot
    View details
    1314 M 89
    VACANT COMMERCIAL LAND

    1314 M 89, Otsego, MI 49078

    $285,000
    Estimated value
    0.76 AC lot
    View details
    1269 M 89
    WHOLESALE OUTLET, DISCOUNT STORE

    1269 M 89, Otsego, MI 49078

    $760,000
    Estimated value
    43,763 sqft 2.84 AC lot
    View details
    1420 M 89
    RESTAURANT

    1420 M 89, Otsego, MI 49078-9301

    $210,000
    Estimated value
    2,928 sqft 0.94 AC lot
    View details
    541 Allegan St
    DRIVE-THRU RESTAURANT, FAST FOOD

    541 Allegan St, Otsego, MI 49078-1015

    $30,000
    Estimated value
    400 sqft 0.15 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 15 active listings on our real estate platform. These investment opportunities span a total of 73,365 square feet of properties for sale, with an estimated market value of $6,363,900.

    Sale prices for business properties in Otsego, MI start at $150,000, averaging $636,390, 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 $622K

    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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