Advertise
    Otsego, MI
    Restaurants

    Otsego, MI Restaurants for Sale

    Notify Me
    List
    Map
    Plainwell, MI Allegan, MI Kalamazoo, MI
    Turnkey Restaurant in Historic Building
    Updated: Dec 15, 2025
    Turnkey Restaurant in Historic Building

    113 N Farmer Street, Otsego, MI 49078

    $498,000
    3,420 sqft
    Turnkey restaurant opportunity with real estate and FF&E included.
    Newly renovated and restored historical building (125+ years old).
    Fully equipped kitchen suitable for diverse menu options.
    Includes a remodeled 900 s.f., 2‑bedroom apartment on the 2nd floor.
    Seating capacity for 65‑70 customers with kitchen capacity to support higher volume.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    113 N Farmer Street, Otsego, MI 49078

    View Property Analytics

    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $38K
      Annual

    • Mortgage

      $132K
      Jan 2020
    View Property Analytics
    Turnkey Restaurant and Concert Venue
    Updated: Dec 3, 2025
    Turnkey Restaurant and Concert Venue

    117 E Allegan Street, Otsego, MI 49078

    $1,283,000
    7,148 sqft · 0.33 AC lot
    Turn‑key concert venue and restaurant with Class C Liquor License and brewery included.
    High‑capacity entertainment space: 200+ indoor seating and 1200 outdoor capacity.
    Includes Real Estate, FF&E, and a 16‑stall bathroom trailer.
    Features 69 taps with three keg coolers.
    Four serving locations, large hospitality suite, and office space.
    View details
    Turn-Key Concert Venue & Restaurant
    Turn-Key Concert Venue & Restaurant

    117 - 133 E Allegan Street, Otsego, MI 49078

    $1,283,000
    7,148 sqft · 0.05 AC lot

    Otsego concert venue and restaurant with brewery and liquor license.

    View details
    Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 3 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.

    Historic Downtown Bar and Apartment Building
    Historic Downtown Bar and Apartment Building

    132 Brady Street, Allegan, MI 49010

    $350,000
    6,941 sqft · 0.14 AC lot

    Built in 1885, this brick property combines a ground-floor bar with an occupied apartment and a flexible upper level.

    View details
    Established Diner with Pole Barn
    Established Diner with Pole Barn

    938 Doster Road, Plainwell, MI 49080

    $399,900
    3,450 sqft · 3.06 AC lot

    Well-established diner with pole barn on 3 acres.

    View details
    Iconic Restaurant and Banquet Venue
    Iconic Restaurant and Banquet Venue

    1071 32nd Street, Allegan, MI 49010

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

    Turnkey restaurant and banquet venue on 22.3 acres.

    View details
    M-89 Commercial Land Opportunity
    M-89 Commercial Land Opportunity

    177 M 89, Plainwell, MI 49080

    $159,000
    504 sqft · 1.57 AC lot

    Commercial land for sale in great M-89 location.

    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.

    Redevelopment Opportunity in Allegan, MI
    Redevelopment Opportunity in Allegan, MI

    919 Marshall Street, Allegan, MI 49010

    $450,000
    0.57 AC lot

    Prime commercial land available for sale, lease, or build-to-suit.

    View details
    Redevelopment Property Ready For Lease
    Redevelopment Property Ready For Lease

    919 Marshall St, Allegan, MI 49010

    $450,000

    Prime commercial land available for sale, lease, or build-to-suit.

    View details
    Commercial Land in Growing Community
    Commercial Land in Growing Community

    104 Ida Street, Allegan, MI 49010

    Contact for pricing
    0.11 AC lot

    High-visibility lot near shopping, dining, and entertainment.

    View details
    Vacant Land in Downtown Kalamazoo
    Vacant Land in Downtown Kalamazoo

    426 E Michigan Avenue, Kalamazoo, MI 49007

    $200,000
    4.10 AC lot

    Vacant land parcel in downtown Kalamazoo, suitable for redevelopment.

    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

    Value Estimation by Request
    2,928 sqft · 0.94 AC lot
    View details
    541 Allegan St
    DRIVE-THRU RESTAURANT, FAST FOOD

    541 Allegan St, Otsego, MI 49078-1015

    Value Estimation by Request
    400 sqft · 0.15 AC lot
    View details
    100 Allegan St
    RESTAURANT

    100 Allegan St, Otsego, MI 49078-1144

    Value Estimation by Request
    1,794 sqft · 0.04 AC lot
    View details
    1369 M 89
    DRIVE-THRU RESTAURANT, FAST FOOD

    1369 M 89, Otsego, MI 49078-9301

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

    129 Allegan St, Otsego, MI 49078-1101

    Value Estimation by Request
    848 sqft · 0.12 AC lot
    View details
    204 Allegan St
    RESTAURANT

    204 Allegan St, Otsego, MI 49078-1104

    Value Estimation by Request
    2,089 sqft · 0.20 AC lot
    View details
    108 Allegan St
    RESTAURANT

    108 Allegan St, Otsego, MI 49078-1102

    Value Estimation by Request
    3,276 sqft · 0.10 AC lot
    View details
    1215 M 89
    DRIVE-THRU RESTAURANT, FAST FOOD

    1215 M 89, Otsego, MI 49078

    $610,000
    Estimated value
    3,288 sqft · 1.24 AC lot
    View details
    117 Allegan St
    RESTAURANT

    117 Allegan St, Otsego, MI 49078-1101

    Value Estimation by Request
    2,160 sqft · 0.05 AC lot
    View details
    119 Allegan St
    RESTAURANT

    119 Allegan St, Otsego, MI 49078

    Value Estimation by Request
    2,880 sqft · 0.07 AC lot
    View details
    232 Allegan St
    RESTAURANT

    232 Allegan St, Otsego, MI 49078-1139

    Value Estimation by Request
    5,190 sqft · 3.53 AC lot
    View details
    1340 M-89
    Restaurants

    1340 M-89, Otsego, MI 49078

    Value Estimation by Request
    4.60 AC lot
    View details
    1310 M 89
    DRIVE-THRU RESTAURANT, FAST FOOD

    1310 M 89, Otsego, MI 49078

    Value Estimation by Request
    2,196 sqft · 1.19 AC lot
    View details
    1443 M 89
    RESTAURANT

    1443 M 89, Otsego, MI 49078-9301

    Value Estimation by Request
    772 sqft · 0.72 AC lot
    View details

    Otsego, MI Restaurants Market Trends and Statistics

    Explore 17 restaurants for sale in Otsego, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 17,716 square feet of properties for sale, with an estimated market value of $3,064,000.

    Sale prices for restaurant properties in Otsego, MI start at $498,000, averaging $1,021,333, and reaching up to $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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Turn key restaurants 3
    Bars & Pubs 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 $1M

    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

    Retail

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Restaurants for Sale Near Otsego, MI

    Popular Searches in Otsego, MI

    Popular Categories

    Most Searched ZIP Codes in Otsego, MI

    • 49078

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!