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Otsego, MI Storefront Properties for Sale

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Plainwell, MI Allegan, MI Kalamazoo, MI Portage, MI Gobles, MI Michigan Center, MI Oshtemo, MI Mattawan, MI
Storefront Retail Building
Updated: Sep 23
Storefront Retail Building

110 W Allegan Street, Otsego, MI 49078

$229,000
2,282 sqft 0.05 AC lot
2,282 SF commercial storefront with flexible main‑level space
Lower level provides additional storage and includes a bathroom
CBD - Central Business District zoning
Located along the M‑89 retail corridor in downtown Otsego
Constructed in 1953 with block, brick, and stone materials
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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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See hot listings in Otsego

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 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.

Storefront Property with Showroom
Storefront Property with Showroom

1247 Lincoln Road, Allegan, MI 49010

$425,000
2,580 sqft 1.36 AC lot

Commercial building with office space, storage, central air conditioning, and dedicated parking.

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Retail Space with Pole Barn
Retail Space with Pole Barn

1141 26th Street, Allegan, MI 49010

$350,000
4,121 sqft 1.40 AC lot

Retail and office improvements are paired with paved parking and separate on-site storage.

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Downtown Storefront with Apartment
Downtown Storefront with Apartment

111 N Main Street, Plainwell, MI 49080

$199,500
2,192 sqft 0.03 AC lot

Brick-and-stone commercial building combines an open retail floor with a separate two-bedroom apartment and basement storage.

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 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.

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Commercial Land at Lighted Intersection
Commercial Land at Lighted Intersection

717 & 823 S Drake Road, Kalamazoo, MI 49006

$700,000
1.14 AC lot

Development land with public water, public sewer, and access from Drake Road or Arboretum Parkway.

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Four-Building Retail Property
Four-Building Retail Property

8324/8328 Portage Road, Portage, MI 49002

$349,900
5,349 sqft 1.26 AC lot

LC-E district zoning supports both residential and commercial uses across the multi-building site.

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C-2 Commercial Land
C-2 Commercial Land

215 S Broadway Street, Middleville, MI 49333

$120,000
0.80 AC lot

Commercial parcel with C-2 zoning and access to public water, public sewer, and natural gas.

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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

Estimated value:
$315,000
3,520 sqft 0.25 AC lot
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Otsego, MI Storefront Properties Market Trends and Statistics

Explore 3 storefront properties for sale in Otsego, MI on our real estate platform. These investment opportunities span a total of 2,282 square feet of properties for sale, with an estimated market value of $554,000.

Sale prices for retail units in Otsego, MI start at $229,000, averaging $277,000, and reaching up to $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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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 $325K

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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