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    Otsego, MI Storefront Properties for Sale

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    Plainwell, MI Allegan, MI Kalamazoo, MI Portage, MI Michigan Center, MI Oshtemo, MI Mattawan, MI Shelbyville, MI
    Mixed-Use 5-Unit Downtown Building
    Updated: Apr 17
    Mixed-Use 5-Unit Downtown Building

    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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    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 1 Active listings in Otsego, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Mixed-Use Building with Deck
    Mixed-Use Building with Deck

    245 Hubbard Street, Allegan, MI 49010

    $750,000
    6,072 sqft 0.07 AC lot

    Recently redeveloped mixed-use building with street-level retail/office space and newly renovated residential units upstairs.

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    Retail Building with Apartment
    Retail Building with Apartment

    111 N Main Street, Plainwell, MI 49080

    $199,500
    2,192 sqft 0.03 AC lot

    Features a large open retail room with front and side display windows plus a 2-bedroom apartment with private entry.

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    Contiguous Mixed-Use Redevelopment Buildings
    Contiguous Mixed-Use Redevelopment Buildings

    110 106 Locust Street, Allegan, MI 49010

    $349,900
    6,600 sqft

    Two contiguous downtown properties at 106 and 110 Locust Street are offered together for mixed-use redevelopment potential.

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    Retail Building with Live-Work Unit
    Retail Building with Live-Work Unit

    111 N Main Street, Plainwell, MI 49080

    $199,500

    A downtown storefront with display windows and a connected 2-bedroom apartment with a private entry.

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    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.

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    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.

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    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.

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    Kalamazoo Commercial Development Opportunity
    Kalamazoo Commercial Development Opportunity

    717 & 823 S Drake Road, Kalamazoo, MI 49006

    $700,000
    1.14 AC lot

    Commercial land for office or retail development in Kalamazoo, MI.

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    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.

    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

    Otsego, MI Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties for sale in Otsego, MI on our real estate platform.

    Sale prices for retail units 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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