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    Otsego, MI
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    Otsego, MI Mixed-use Properties for Sale

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    Renovated Restaurant with Apartment
    Updated: Dec 15, 2025
    Renovated Restaurant with Apartment

    113 N Farmer Street, Otsego, MI 49078

    $425,000
    3,420 sqft
    3,420 SF restaurant building constructed in 1900
    Full kitchen with seating for 65‑70 guests
    Sale includes real estate and FF&E
    900 s.f. second‑floor apartment with 2 bedrooms and 1 bath
    Apartment remodeled in 2022
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    Updated Mixed-Use Building
    Updated: Apr 17
    Updated Mixed-Use Building

    120 N Farmer Street, Otsego, MI 49078

    $325,000
    0.07 AC lot
    5‑unit mixed‑use building with commercial and residential components
    Two approximately 950 sq ft main‑floor commercial suites
    Residential mix includes 1‑bedroom, 2‑bedroom, and studio apartments
    Fully occupied property with significant updates to all units
    City‑owned parking; municipality handles parking areas and sidewalks
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    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.

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    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.

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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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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Otsego, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    108 S Main Street, Plainwell, MI 49080

    $199,999
    2,400 sqft 0.06 AC lot

    Vacant two-level property combines office and retail space with a remodeled residential apartment.

    View details
    Contiguous Mixed-Use Redevelopment Buildings
    Contiguous Mixed-Use Redevelopment Buildings

    110 106 Locust Street, Allegan, MI 49010

    $349,900
    6,600 sqft

    Two contiguous downtown properties at 106 and 110 Locust Street are offered together for mixed-use redevelopment potential.

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    Historic Downtown Mixed-Use Building
    Historic Downtown Mixed-Use Building

    106 Locust Street, Allegan, MI 49010

    $169,900
    3,300 sqft 0.06 AC lot

    Brick commercial building with upper-level redevelopment potential in Allegan’s downtown district.

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    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    595 10th Street, Plainwell, MI 49080

    Contact for pricing

    Corner commercial property combines an operating business unit with a separate residential apartment and included business equipment.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Land Near Gun Lake
    Prime Land Near Gun Lake

    1130 128th Avenue, Shelbyville, MI 49344

    $2,850,000
    18.00 AC lot

    18-acre commercial land parcel near Gun Lake Casino.

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    Kalamazoo Land For Sale
    Kalamazoo Land For Sale

    209 E North Street, Kalamazoo, MI 49007

    $55,000
    0.16 AC lot

    Land zoned Live Work 1 with downtown views.

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    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    364 S M-37 Highway, Hastings, MI 49058

    $499,000
    5.00 AC lot

    Electricity is available at a mixed-use site fronting M-37 Highway.

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    Buildable Lot in Springfield, MI
    Buildable Lot in Springfield, MI

    1 Cinderella Circle, Springfield, MI 49037

    Contact for pricing
    0.23 AC lot

    Vacant lot available for development in Springfield, Michigan.

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    Otsego, MI Mixed-Use Properties Market Trends and Statistics

    Explore 4 mixed-use properties for sale in Otsego, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 10,784 square feet of properties for sale, with an estimated market value of $1,175,000.

    Sale prices for multi use buildings in Otsego, MI start at $325,000, averaging $391,666, and reaching up to $425,000 — 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 $391.7K

    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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