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Mixed-Use Property with Apartment
For Sale
Contact for pricing
Pending

721 Otsego Ave, Gaylord, MI 49735

Commercial space paired with a one-bedroom, one-bath apartment and an existing tenant lease.

Property SizeContact for details
Days on Market141

Property Features for 721 Otsego Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Smith Realty Group
Listed By: Ryan Wojan · License #MI 6506047353
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 10:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Smith Realty Group

Investment Insights

Based on property information with market context.

This mixed-use property combines a 2,300 sq ft commercial/retail area with a separate 936 sq ft apartment configured with one bedroom and one bathroom. The layout supports commercial occupancy alongside residential use within the same building.

A long-term tenant currently operates a business at the property, and the existing lease extends through Spring of 2026. The offering includes the real estate only and is located at 721 Otsego Ave in Gaylord, Michigan.

Key Highlights

  • 2,300 sq ft commercial/retail space
  • Separate 936 sq ft apartment with 1 bedroom and 1 bathroom
  • Long‑term business tenant currently in place

Property Analytics

Current Use

Fit Body Boot ... Gym & Fitness Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Catering Service Butcher Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

912
Businesses Nearby
117k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Shops & Services 33% Groceries 15% Hotels & Casinos 4%
McDonald's Dining
34,190 visits/mo 0.5 miles
Family Fare Groceries
18,037 visits/mo 0.4 miles
Holiday Station Store Shops & Services
15,700 visits/mo 0.5 miles
Arby's Dining
11,060 visits/mo 0.4 miles
KFC Dining
9,145 visits/mo 0.5 miles

Demographics for 49735, MI

20,568
Population
11,551
Households
1.8
Avg Household Size
44
Median Age
27%
College-Educated
94%
High-School Grad
248.6 sq mi
ZIP Area
83
Density / Sq Mi
$69,050
Median Household Income
$39,813
Median Earnings
$876
Median Rent
$200,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space paired with a one-bedroom, one-bath apartment and an existing tenant lease.
Where is this mixed-use property located?
The property is located at 721 Otsego Ave Gaylord, MI.
What are key features of this property?
This property features: 2,300 sq ft commercial/retail space; Separate 936 sq ft apartment with 1 bedroom and 1 bathroom; Long‑term business tenant currently in place
(989) 732-2477 Call to check price and availability
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