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    Otsego, MI
    Conventional Restaurant

    Otsego, MI Conventional Restaurants for Sale

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    Plainwell, MI Allegan, MI Kalamazoo, MI Portage, MI Gobles, MI Oshtemo, MI Mattawan, MI Shelbyville, MI
    Concert Venue with Restaurant
    Updated: Sep 15
    Concert Venue with Restaurant

    117 E Allegan St, Otsego, MI 49078

    $1,283,000
    7,148 sqft
    7,148 SF entertainment property at 117 E Allegan St, Otsego, MI 49078
    Two stages with indoor seating for over 200 guests
    Outdoor event capacity for 1,200 people
    Three keg coolers with 69 taps
    Class C Liquor License with four serving locations
    View details
    Restaurant with Concert Venue
    Updated: Sep 8
    Restaurant with Concert Venue

    117133 117 - 133 E Allegan St, Otsego, MI 49078

    $1,283,000
    7,148 sqft
    Two stages with indoor seating for more than 200 guests
    Outdoor event area accommodates 1,200 people
    69 taps supplied by three keg coolers
    Brewery, hospitality suite, and office space included
    Class C liquor license with four serving locations
    View details
    See hot listings in Otsego

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Otsego, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Restaurant and Banquet Property
    Restaurant and Banquet Property

    1071 32nd Street, Allegan, MI 49010

    $2,900,000
    35,880 sqft 22.30 AC lot

    Two complementary hospitality venues occupy a wooded Allegan property with pond frontage and dedicated event facilities.

    View details
    Historic Restaurant and Banquet Venue
    Historic Restaurant and Banquet Venue

    1071 32nd St, Allegan, MI 49010

    $2,900,000
    35,880 sqft 22.30 AC lot

    The property combines restaurant, catering, and event uses with extensive outdoor grounds.

    View details
    Freestanding Restaurant Retail Building
    Freestanding Restaurant Retail Building

    3811 S Westnedge Avenue, Kalamazoo, MI 49008

    Contact for pricing
    2,623 sqft

    Freestanding building with on-site parking, fenced patio, and restaurant kitchen improvements for food and service uses.

    View details
    Renovated Downtown Restaurant
    Renovated Downtown Restaurant

    234 W Michigan Avenue, Kalamazoo, MI 49007

    Contact for pricing

    Restaurant space includes a full basement and dedicated staff parking.

    View details

    Otsego, MI Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Otsego, MI on our real estate platform. These investment opportunities span a total of 14,296 square feet of properties for sale, with an estimated market value of $2,566,000.

    Sale prices for conventional restaurants in Otsego, MI average $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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 2
    Conventional restaurants 2

    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 $997K

    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)

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    • 49078

    Featured Otsego Real Estate Agencies

    Realmo connects you with licensed Otsego CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Welcome Home Real Estate LLC
    1711 Oak St. Otsego, MI
    Phone: (269) 694-9370
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