Conventional Restaurant

Otsego, MI Conventional Restaurants for Sale

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Turnkey Restaurant with Seating
Updated: Dec 15, 2025
Turnkey Restaurant with Seating

113 N Farmer Street, Otsego, MI 49078

$498,000
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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

Turn-Key Restaurant and Bar
Turn-Key Restaurant and Bar

101 W Saint Joseph Street, Lawrence, MI 49064

$499,900
5,952 sqft 0.22 AC lot

Fully operational bar and restaurant with major systems updates and included liquor license.

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Turn-Key Bar & Restaurant
Turn-Key Bar & Restaurant

3013 Oakland Drive, Kalamazoo, MI 49008

$359,900
4,100 sqft

Turn-key tavern and dining space with seating for 160+ and included liquor license, equipment, and furnishings.

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Turn-Key Restaurant and Bar
Turn-Key Restaurant and Bar

101 W Saint Joseph Street, Lawrence, MI 49064

$499,900
5,952 sqft

Fully equipped bar and restaurant for sale with liquor license and parking for about 25 vehicles.

View details
Turnkey Restaurant on High-Traffic Corner
Turnkey Restaurant on High-Traffic Corner

1844 S Westnedge Ave, Kalamazoo, MI 49008

$699,000
3,539 sqft

Turnkey restaurant with high visibility and seating for 150.

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Otsego, MI Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Otsego, MI on our real estate platform. These investment opportunities span a total of 3,420 square feet of properties for sale, with an estimated market value of $498,000.

Sale prices for conventional restaurants in Otsego, MI start at $498,000, averaging $498,000, and reaching up to $498,000 — 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

Turn key restaurants 3
Bars & Pubs 2
Conventional restaurants 1

Demographics Overview

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

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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