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    Otsego, MI
    Mixed-Use

    Otsego, MI Mixed-use Properties for Sale

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    Plainwell, MI Allegan, MI Kalamazoo, MI Portage, MI Gobles, MI Michigan Center, MI Oshtemo, MI Mattawan, MI
    Five-Unit Mixed-Use Building
    Updated: Apr 17
    Five-Unit Mixed-Use Building

    120 N Farmer Street, Otsego, MI 49078

    $325,000
    0.07 AC lot
    Five‑unit mixed‑use building with two commercial suites and three residential apartments
    Two main‑floor commercial suites are approximately 950 sq ft each
    Residential mix includes 1‑bedroom, 1‑bath; 2‑bedroom, 1‑bath; and studio units
    Significant updates completed across the units; property is fully occupied
    0.07‑acre lot at 120 N Farmer Street, Otsego, MI 49078
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    Otsego Mixed-Use Investment Opportunity
    Updated: May 12
    Otsego Mixed-Use Investment Opportunity

    120 N Farmer Street, Otsego, MI 49078

    Contact for pricing
    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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    See hot listings in Otsego

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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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 Downtown Mixed-Use Building
    Historic Downtown Mixed-Use Building

    132 Brady St, Allegan, MI 49010

    $350,000
    6,941 sqft

    Two-story brick property combining a street-level bar, apartment, and adaptable upper-floor space.

    View details
    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    111 N Main Street, Plainwell, MI 49080

    $199,500
    2,192 sqft 0.03 AC lot

    Ground-floor retail space pairs with a two-bedroom apartment featuring a separate private entrance.

    View details
    Historic Mixed-Use Brick Building
    Historic Mixed-Use Brick Building

    132 Brady Street, Allegan, MI 49010

    $350,000
    6,941 sqft 0.14 AC lot

    Two-story property with a bar, one-bedroom apartment, and adaptable upper-level space.

    View details
    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

    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.

    Commercial Land with Existing Structures
    Commercial Land with Existing Structures

    1130 128th Avenue, Shelbyville, MI 49344

    $2,850,000
    18.00 AC lot

    Existing buildings provide a starting point for redevelopment 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
    Mixed-Use Commercial Land
    Mixed-Use Commercial Land

    364 S M-37 Highway, Hastings, MI 49058

    $499,000
    5.00 AC lot

    Vacant mixed-use parcel with road frontage and electricity available.

    View details
    Buildable Vacant Land
    Buildable Vacant Land

    1 Cinderella Circle, Springfield, MI 49037

    Contact for pricing
    0.23 AC lot

    Vacant residential, commercial, industrial, or mixed-use development site with public water, public sewer, and natural gas available.

    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 $325,000.

    Sale prices for multi use buildings in Otsego, MI average $325,000 — 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)

    How Realmo verifies these figures

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