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    Otsego, MI Mixed-use Properties for Sale

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    Plainwell, MI Allegan, MI Kalamazoo, MI
    Downtown Otsego Mixed-Use Investment
    $375,000
    0.07 Acres

    Downtown Otsego Mixed-Use Investment

    120 N Farmer Street, Otsego, MI 49078

    Turnkey 5-unit building with strong income in downtown Otsego.

    • Turnkey investment property with strong, consistent cash flow ($4,030/month gross income) and low expense ratio.
    • Prime downtown Otsego location with two commercial suites offering excellent street presence.
    • Low‑maintenance due to city‑owned parking, reducing owner responsibilities and costs.
    • Versatile unit mix: two commercial suites, a 1‑bedroom, a 2‑bedroom, and a studio apartment.
    • All units have been significantly updated, providing a clean, modern feel.
    Updated: Apr 17
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    Otsego Mixed-Use Investment Opportunity
    $375,000
    3,944 SF

    Otsego Mixed-Use Investment Opportunity

    120 N Farmer Street, Otsego, MI 49078

    Turnkey 5-unit mixed-use building in downtown Otsego.

    • Strong, consistent cash flow with $4,030/month gross income.
    • Turnkey investment opportunity, fully occupied.
    • City‑owned parking reduces maintenance costs.
    • Versatile unit mix: two commercial suites, 1‑bedroom, 2‑bedroom, and studio.
    • Significant updates throughout all units.
    Updated: May 12
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Historic Grainery Townhouse Building
    $425,000
    5,142 SF

    Historic Grainery Townhouse Building

    Unique mixed-use property with strong rental history and endless possibilities.

    721 E Bridge Street, Plainwell, MI 49080
    View details
    Mixed-Use Building in Downtown Plainwell
    $249,000
    2,400 SF

    Mixed-Use Building in Downtown Plainwell

    2,400 SF mixed-use building in the heart of Downtown Plainwell.

    108 S Main Street, Plainwell, MI 49080
    View details
    Mixed-Use Building in Downtown Allegan
    $169,900
    3,300 SF

    Mixed-Use Building in Downtown Allegan

    Redevelopment opportunity in a historic, walkable downtown district.

    106 Locust Street, Allegan, MI 49010
    View details
    Historic Mixed-Use Buildings in Allegan
    $580,000
    0.09 Acres

    Historic Mixed-Use Buildings in Allegan

    Two mixed-use buildings with office and apartment potential in downtown.

    145/149 Brady Street, Allegan, MI 49010
    View details

    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
    $2,850,000
    18.00 Acres

    Prime Land Near Gun Lake

    18-acre commercial land parcel near Gun Lake Casino.

    1130 128th Avenue, Shelbyville, MI 49344
    View details
    Kalamazoo Land For Sale
    $55,000
    0.16 Acres

    Kalamazoo Land For Sale

    Land zoned Live Work 1 with downtown views.

    209 E North Street, Kalamazoo, MI 49007
    View details
    Land For Sale
    Contact for pricing
    13,740 SF

    Land For Sale

    39 acres of land available for purchase.

    4630 W. Hickory Rd., Hickory Corners, MI 49060
    View details
    Buildable Lot in Springfield, MI
    Contact for pricing
    0.23 Acres

    Buildable Lot in Springfield, MI

    Vacant lot available for development in Springfield, Michigan.

    1 Cinderella Circle, Springfield, MI 49037
    View details

    Otsego, MI Mixed-Use Properties Investment Opportunities Market Analysis

    Explore 2 mixed-use properties for sale in Otsego, MI on our real estate platform. These investment opportunities span a total of 3,944 square feet of properties for sale, with an estimated market value of $375,000.

    Sale prices for multi use buildings in Otsego, MI start at $375,000, averaging $375,000, and reaching up to $375,000 — 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 median listing prices of real estate assets

    Neighborhood Average Price
    49078 $375K

    Taxes & Financing

    Tax Rate (average for all types) 3.72%
    Property Tax per SF $79.14 per sq ft
    Average Loan-to-Value 65.0%

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