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    Otsego, MI
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    Otsego, MI Restaurants for Sale

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    Plainwell, MI Allegan, MI Kalamazoo, MI Portage, MI Gobles, MI Michigan Center, MI Oshtemo, MI Mattawan, MI
    Concert Venue with Restaurant
    Updated: Sep 15
    Concert Venue with Restaurant

    117 E Allegan St, Otsego, MI 49078

    $1,283,000
    7,148 sqft
    7,148 SF entertainment property at 117 E Allegan St, Otsego, MI 49078
    Two stages with indoor seating for over 200 guests
    Outdoor event capacity for 1,200 people
    Three keg coolers with 69 taps
    Class C Liquor License with four serving locations
    View details
    Restaurant with Concert Venue
    Updated: Sep 8
    Restaurant with Concert Venue

    117133 117 - 133 E Allegan St, Otsego, MI 49078

    $1,283,000
    7,148 sqft
    Two stages with indoor seating for more than 200 guests
    Outdoor event area accommodates 1,200 people
    69 taps supplied by three keg coolers
    Brewery, hospitality suite, and office space included
    Class C liquor license with four serving locations
    View details
    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 24 Potential Opportunities for your consideration. Besides 2 Active listings in Otsego, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 Off-Market properties to explore as potential leads, 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.

    Corporate-Backed NNN Restaurant
    Corporate-Backed NNN Restaurant

    5370 W Main St, Kalamazoo, MI 49009

    $1,162,000
    1,890 sqft

    Corporate-guaranteed NNN restaurant investment with 19 years of lease term remaining and periodic five-year rent increases.

    View details
    Restaurant and Banquet Property
    Restaurant and Banquet Property

    1071 32nd Street, Allegan, MI 49010

    $2,900,000
    35,880 sqft 22.30 AC lot

    Two complementary hospitality venues occupy a wooded Allegan property with pond frontage and dedicated event facilities.

    View details
    Historic Restaurant and Banquet Venue
    Historic Restaurant and Banquet Venue

    1071 32nd St, Allegan, MI 49010

    $2,900,000
    35,880 sqft 22.30 AC lot

    The property combines restaurant, catering, and event uses with extensive outdoor grounds.

    View details
    Freestanding Restaurant Retail Building
    Freestanding Restaurant Retail Building

    3811 S Westnedge Avenue, Kalamazoo, MI 49008

    Contact for pricing
    2,623 sqft

    Freestanding building with on-site parking, fenced patio, and restaurant kitchen improvements for food and service uses.

    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 Drive-Through Potential
    Commercial Land with Drive-Through Potential

    919 Marshall Street, Allegan, MI 49010

    $450,000
    0.57 AC lot

    Redevelopment parcel with capacity for a drive-through building and cable availability.

    View details
    Recreation Land with Walking Trail
    Recreation Land with Walking Trail

    426 E Michigan Avenue, Kalamazoo, MI 49007

    $200,000
    4.10 AC lot

    Vacant downtown parcel with parking, native plantings, and a pedestrian bridge to wetlands.

    View details
    Village Commercial Development Land
    Village Commercial Development Land

    6719-6745 Stadium Drive, Kalamazoo, MI 49009

    $650,000
    8.98 AC lot

    VC-zoned land with public sewer and nearby water infrastructure.

    View details
    Buildable Commercial Land
    Buildable Commercial Land

    S 9th Street, Kalamazoo, MI 49009

    $225,000
    0.93 AC lot

    Buildable parcel with S. 9th Street frontage and access through Tall Oaks Drive.

    View details

    Off-Market Properties in Otsego, MI

    Consider similar Off-Market properties in Otsego, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1420 M 89
    RESTAURANT

    1420 M 89, Otsego, MI 49078-9301

    Estimated value:
    $210,000
    2,928 sqft 0.94 AC lot
    View details
    541 Allegan St
    DRIVE-THRU RESTAURANT, FAST FOOD

    541 Allegan St, Otsego, MI 49078-1015

    Estimated value:
    $30,000
    400 sqft 0.15 AC lot
    View details
    100 Allegan St
    RESTAURANT

    100 Allegan St, Otsego, MI 49078-1144

    Estimated value:
    $100,000
    1,794 sqft 0.04 AC lot
    View details
    1369 M 89
    DRIVE-THRU RESTAURANT, FAST FOOD

    1369 M 89, Otsego, MI 49078-9301

    Estimated value:
    $1,795,000
    4,336 sqft 1.84 AC lot
    View details
    129 Allegan St
    RESTAURANT

    129 Allegan St, Otsego, MI 49078-1101

    Estimated value:
    $110,000
    848 sqft 0.12 AC lot
    View details
    204 Allegan St
    RESTAURANT

    204 Allegan St, Otsego, MI 49078-1104

    Estimated value:
    $300,000
    2,089 sqft 0.20 AC lot
    View details
    108 Allegan St
    RESTAURANT

    108 Allegan St, Otsego, MI 49078-1102

    Estimated value:
    $310,000
    3,276 sqft 0.10 AC lot
    View details
    1215 M 89
    DRIVE-THRU RESTAURANT, FAST FOOD

    1215 M 89, Otsego, MI 49078

    Estimated value:
    $385,000
    3,288 sqft 1.24 AC lot
    View details
    117 Allegan St
    RESTAURANT

    117 Allegan St, Otsego, MI 49078-1101

    Estimated value:
    $315,000
    2,160 sqft 0.05 AC lot
    View details
    119 Allegan St
    RESTAURANT

    119 Allegan St, Otsego, MI 49078

    Estimated value:
    $320,000
    2,880 sqft 0.07 AC lot
    View details
    232 Allegan St
    RESTAURANT

    232 Allegan St, Otsego, MI 49078-1139

    Estimated value:
    $340,000
    5,190 sqft 3.53 AC lot
    View details
    1310 M 89
    DRIVE-THRU RESTAURANT, FAST FOOD

    1310 M 89, Otsego, MI 49078

    Estimated value:
    $310,000
    2,196 sqft 1.19 AC lot
    View details
    1443 M 89
    RESTAURANT

    1443 M 89, Otsego, MI 49078-9301

    Estimated value:
    $135,000
    772 sqft 0.72 AC lot
    View details

    Otsego, MI Restaurants Market Trends and Statistics

    Explore 16 restaurants for sale in Otsego, MI on our real estate platform. These investment opportunities span a total of 14,296 square feet of properties for sale, with an estimated market value of $2,566,000.

    Sale prices for restaurant properties in Otsego, MI average $1,283,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 2
    Conventional restaurants 2

    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 $997K

    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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