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    Otsego, MI
    Mixed-Use

    Otsego, MI Mixed-use Properties for Sale

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    Downtown Otsego Mixed-Use Investment
    Updated: Apr 17
    Downtown Otsego Mixed-Use Investment

    120 N Farmer Street, Otsego, MI 49078

    $375,000
    0.07 AC lot
    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.
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    Otsego Mixed-Use Investment Opportunity
    Updated: May 12
    Otsego Mixed-Use Investment Opportunity

    120 N Farmer Street, Otsego, MI 49078

    $375,000
    3,944 sqft
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Mixed-Use Building in Downtown Plainwell
    Mixed-Use Building in Downtown Plainwell

    108 S Main St, Plainwell, MI 49080

    $220,000
    2,400 sqft 0.06 AC lot

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

    View details
    Mixed-Use Building in Downtown Allegan
    Mixed-Use Building in Downtown Allegan

    106 Locust Street, Allegan, MI 49010

    $169,900
    3,300 sqft 0.06 AC lot

    Redevelopment opportunity in a historic, walkable downtown district.

    View details
    Historic Grainery Townhouse Building
    Historic Grainery Townhouse Building

    721 E Bridge Street, Plainwell, MI 49080

    $425,000
    5,142 sqft 0.15 AC lot

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

    View details
    Downtown Allegan Redevelopment Opportunity
    Downtown Allegan Redevelopment Opportunity

    110 106 Locust Street, Allegan, MI 49010

    $349,900
    6,600 sqft

    Two contiguous properties ideal for mixed-use redevelopment or commercial investment.

    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
    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.

    View details
    Prime Commercial Land Near Hastings
    Prime Commercial Land Near Hastings

    364 S M-37 Highway, Hastings, MI 49058

    $499,000
    5.00 AC lot

    5-acre mixed-use land with high visibility near proposed Meijer.

    View details
    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.

    View details

    Otsego, MI Mixed-Use Properties Market Trends and Statistics

    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 average 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 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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