Advertise
    Otsego, MI
    Conventional Restaurant

    Otsego, MI Conventional Restaurants for Sale

    Notify Me
    List
    Map
    Plainwell, MI Allegan, MI Kalamazoo, MI Portage, MI Gobles, MI Michigan Center, MI Oshtemo, MI Mattawan, MI
    Two-Stage Concert Venue
    Updated: Dec 3, 2025
    Two-Stage Concert Venue

    117 E Allegan Street, Otsego, MI 49078

    $1,283,000
    7,148 sqft 0.33 AC lot
    7,148‑square‑foot entertainment property on 0.33 acres
    Concert venue with two stages and 1,200‑person outdoor capacity
    Restaurant and brewery setup with 69 taps across three keg coolers
    Class C Liquor License with four serving locations
    Sale includes FF&E, a 16‑stall bathroom trailer, hospitality suite, and office space
    View details
    Concert Venue with Restaurant
    Updated: Dec 3, 2025
    Concert Venue with Restaurant

    117 - 133 E Allegan Street, Otsego, MI 49078

    $1,283,000
    7,148 sqft 0.05 AC lot
    7,148 SF brick property on 0.05 acres, built in 1950
    Concert venue with two stages and outdoor capacity for 1200 people
    Interior seating for over 200 guests
    Three keg coolers with 69 taps
    Class C Liquor License with four serving locations
    View details
    Renovated Restaurant with Apartment
    Renovated Restaurant with Apartment

    113 N Farmer Street, Otsego, MI 49078

    $425,000
    3,420 sqft

    Historic brick-and-stone property with a full commercial kitchen, dine-in seating, takeout capability, and a remodeled upstairs residence.

    View details
    See what stands out in Allegan County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Restaurant with Concert Venue
    Restaurant with Concert Venue

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

    $1,283,000
    7,148 sqft

    Multi-use property with brewery operations, hospitality space, office areas, and indoor and outdoor event capacity.

    View details
    Renovated Restaurant with Apartment
    Renovated Restaurant with Apartment

    113 N Farmer St, Otsego, MI 49078

    $425,000
    3,420 sqft

    Renovated restaurant property with a full kitchen, dining and takeout capability, plus an upstairs apartment.

    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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
    Renovated Restaurant Space
    Renovated Restaurant Space

    234 W Michigan Avenue, Kalamazoo, MI 49007

    Contact for pricing
    1,591 sqft

    Historic brick-and-masonry character, a full basement, and six rear parking spaces support restaurant operations.

    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

    Otsego, MI Conventional Restaurants Market Trends and Statistics

    Explore 5 conventional restaurants for sale in Otsego, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 28,284 square feet of properties for sale, with an estimated market value of $4,699,000.

    Sale prices for conventional restaurants in Otsego, MI start at $425,000, averaging $939,800, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 4
    Bars & Pubs 2
    Commercial kitchens 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 $854K

    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)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Otsego, MI

    Popular Categories

    Most Searched ZIP Codes in Otsego, MI

    • 49078

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!