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    Otsego, MI
    Retail

    Otsego, MI Retail Space for Sale

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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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    This listing looks promising.

    Here's a quick look at some key insights for

    120 N Farmer Street, Otsego, MI 49078

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    • Est. Cap Rate

      6.8%
      Above avg (5.9%)

    • Est. NOI

      $25K
      Annual

    • Mortgage

      $80K
      Jun 2018

    • Last Sold

      Jun 2018
      $80K

    • Property Type

      Wholesale Outlet, Discount Store (Franchise)
      Built 1993
    View Property Analytics
    Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 1 Active listings in Otsego, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 25 Off-Market properties to explore as potential leads, plus 1 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.

    Retail and Office Building with Pole Barn
    Retail and Office Building with Pole Barn

    1141 26th Street, Allegan, MI 49010

    $350,000
    4,121 sqft 1.40 AC lot

    For sale on M-89 in Allegan, featuring a retail/office building, a 30' x 40' pole barn, and extensive paved parking.

    View details
    Retail-Office Building with Pole Barn
    Retail-Office Building with Pole Barn

    1141 26th Street, Allegan, MI 49010

    $350,000
    4,121 sqft 1.40 AC lot

    Retail/office building with a 30' x 40' pole barn, extensive paved parking, and an on-site commercial site for sale or lease.

    View details
    Flexible Retail and Office Building
    Flexible Retail and Office Building

    120 E Bridge Street, Plainwell, MI 49080

    $179,900
    1,960 sqft 0.07 AC lot

    Commercial building with adaptable main-floor space, full basement, and separate back access plus street and city parking nearby.

    View details
    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

    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.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    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.

    719 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    719 Allegan St, Otsego, MI 49078-1301

    Value Estimation by Request
    4,200 sqft 0.69 AC lot
    View details
    Lincoln
    RETAIL STORES (PERSONAL SERVICES)

    Lincoln, Otsego, MI 49078

    Value Estimation by Request
    1,520 sqft 1.09 AC lot
    View details
    133 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    133 Allegan St, Otsego, MI 49078-1143

    Value Estimation by Request
    5,640 sqft 0.13 AC lot
    View details
    101 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    101 Allegan St, Otsego, MI 49078-1101

    Value Estimation by Request
    6,836 sqft 0.16 AC lot
    View details
    738 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    738 Allegan St, Otsego, MI 49078-1302

    Value Estimation by Request
    2,048 sqft 0.45 AC lot
    View details
    108 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    108 Allegan St, Otsego, MI 49078-1144

    Value Estimation by Request
    1,400 sqft 0.03 AC lot
    View details
    106 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    106 Allegan St, Otsego, MI 49078-1144

    Value Estimation by Request
    1,498 sqft 0.03 AC lot
    View details
    110 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    110 Allegan St, Otsego, MI 49078-1144

    Value Estimation by Request
    2,282 sqft 0.05 AC lot
    View details
    101 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    101 Allegan St, Otsego, MI 49078-1101

    Value Estimation by Request
    2,363 sqft 0.05 AC lot
    View details
    125 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    125 Allegan St, Otsego, MI 49078-1143

    Value Estimation by Request
    8,052 sqft 0.14 AC lot
    View details
    121 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    121 Allegan St, Otsego, MI 49078

    Value Estimation by Request
    4,580 sqft 0.08 AC lot
    View details
    539 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    539 Allegan St, Otsego, MI 49078-1303

    Value Estimation by Request
    1,320 sqft 0.26 AC lot
    View details
    109 Farmer St
    RETAIL STORES (PERSONAL SERVICES)

    109 Farmer St, Otsego, MI 49078-1147

    $550,000
    Estimated value
    5,610 sqft 0.14 AC lot
    View details
    115 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    115 Allegan St, Otsego, MI 49078-1115

    $850,000
    Estimated value
    9,168 sqft 0.22 AC lot
    View details
    595 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    595 Allegan St, Otsego, MI 49078-1372

    Value Estimation by Request
    5,120 sqft 0.83 AC lot
    View details
    515 Allegan St
    STORE, RETAIL OUTLET

    515 Allegan St, Otsego, MI 49078-1303

    Value Estimation by Request
    3,520 sqft 0.25 AC lot
    View details
    115 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    115 Allegan St, Otsego, MI 49078-1101

    Value Estimation by Request
    1,474 sqft 0.04 AC lot
    View details
    116 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    116 Allegan St, Otsego, MI 49078-1102

    Value Estimation by Request
    3,420 sqft 0.09 AC lot
    View details
    128 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    128 Allegan St, Otsego, MI 49078-1144

    Value Estimation by Request
    840 sqft 0.10 AC lot
    View details
    701 Eley St
    RETAIL STORES (PERSONAL SERVICES)

    701 Eley St, Otsego, MI 49078-2504

    $1,225,000
    Estimated value
    9,660 sqft 1.08 AC lot
    View details
    360 Allegan St
    RETAIL STORES (PERSONAL SERVICES)

    360 Allegan St, Otsego, MI 49078-1188

    Value Estimation by Request
    5,000 sqft 0.40 AC lot
    View details
    544 Morrell St
    RETAIL STORES (PERSONAL SERVICES)

    544 Morrell St, Otsego, MI 49078-1386

    Value Estimation by Request
    4,000 sqft 0.52 AC lot
    View details
    1380 M 89
    RETAIL STORES (PERSONAL SERVICES)

    1380 M 89, Otsego, MI 49078-9301

    $735,000
    Estimated value
    5,400 sqft 1.28 AC lot
    View details

    Otsego, MI Retail Space Market Trends and Statistics

    Explore 26 retail space 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 retail space in Otsego, MI average $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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 1

    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

    Retail

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