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    Otsego, MI Restaurants for Sale

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    Turnkey Restaurant and Concert Venue
    $1,283,000
    7,148 SF
    Turnkey Restaurant and Concert Venue

    117 E Allegan Street, Otsego, MI 49078

    Turnkey restaurant and concert venue with brewery and liquor license.
    • 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.
    Updated: Dec 3, 2025
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    Turn-Key Concert Venue & Restaurant
    $1,283,000
    7,148 SF
    Turn-Key Concert Venue & Restaurant

    117 - 133 E Allegan Street, Otsego, MI 49078

    Otsego concert venue and restaurant with brewery and liquor license.
    • Turn‑key concert venue and restaurant with a 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 a large hospitality suite and office space.
    • Three keg coolers with 69 taps.
    Updated: Dec 3, 2025
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    Turnkey Restaurant in Historic Building
    $498,000
    3,420 SF
    Turnkey Restaurant in Historic Building

    Fully equipped restaurant with apartment in renovated historic building.

    113 N Farmer Street, Otsego, MI 49078

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    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.

    Iconic Restaurant and Banquet Venue
    $2,900,000
    35,880 SF
    Iconic Restaurant and Banquet Venue

    Turnkey restaurant and banquet venue on 22.3 acres.

    1071 32nd Street, Allegan, MI 49010

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    Historic Restaurant with Pullman Railroad Car
    $675,000
    7,000 SF
    Historic Restaurant with Pullman Railroad Car

    Iconic 1910 Pullman railroad car restaurant on 2.23 acres.

    6225 W D Avenue, Kalamazoo, MI 49009

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    Freestanding Restaurant Retail Building
    $650,000
    2,623 SF
    Freestanding Restaurant Retail Building

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

    3811 S Westnedge Avenue, Kalamazoo, MI 49008

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    High-Traffic Retail Location
    Contact for pricing
    3,209 SF
    High-Traffic Retail Location

    Wendy’s restaurant on main thoroughfare with limited competition.

    1509 Lincoln Rd, Allegan, MI 49010

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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
    $450,000
    0.57 Acres
    Redevelopment Opportunity in Allegan, MI

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

    919 Marshall Street, Allegan, MI 49010

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    Redevelopment Property Ready For Lease
    $450,000
    Redevelopment Property Ready For Lease

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

    919 Marshall St, Allegan, MI 49010

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    Commercial Land in Growing Community
    Contact for pricing
    0.11 Acres
    Commercial Land in Growing Community

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

    104 Ida Street, Allegan, MI 49010

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    Vacant Land in Downtown Kalamazoo
    $200,000
    4.10 Acres
    Vacant Land in Downtown Kalamazoo

    Vacant land parcel in downtown Kalamazoo, suitable for redevelopment.

    426 E Michigan Avenue, Kalamazoo, MI 49007

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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.

    1420 M 89
    RESTAURANT
    2,928 SF Lot: 0.94 Acres
    Value Estimation by Request

    1420 M 89, Otsego, MI 49078-9301

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    541 Allegan St
    DRIVE-THRU RESTAURANT, FAST FOOD
    400 SF Lot: 0.15 Acres

    541 Allegan St, Otsego, MI 49078-1015

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    100 Allegan St
    RESTAURANT
    1,794 SF Lot: 0.04 Acres
    Value Estimation by Request

    100 Allegan St, Otsego, MI 49078-1144

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    1369 M 89
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,336 SF Lot: 1.84 Acres
    Estimated value
    $1,795,000

    1369 M 89, Otsego, MI 49078-9301

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    129 Allegan St
    RESTAURANT
    848 SF Lot: 0.12 Acres
    Value Estimation by Request

    129 Allegan St, Otsego, MI 49078-1101

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    204 Allegan St
    RESTAURANT
    2,089 SF Lot: 0.20 Acres
    Value Estimation by Request

    204 Allegan St, Otsego, MI 49078-1104

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    108 Allegan St
    RESTAURANT
    3,276 SF Lot: 0.10 Acres
    Value Estimation by Request

    108 Allegan St, Otsego, MI 49078-1102

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    1215 M 89
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,288 SF Lot: 1.24 Acres
    Estimated value
    $610,000

    1215 M 89, Otsego, MI 49078

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    117 Allegan St
    RESTAURANT
    2,160 SF Lot: 0.05 Acres

    117 Allegan St, Otsego, MI 49078-1101

    View details
    119 Allegan St
    RESTAURANT
    2,880 SF Lot: 0.07 Acres
    Value Estimation by Request

    119 Allegan St, Otsego, MI 49078

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    232 Allegan St
    RESTAURANT
    5,190 SF Lot: 3.53 Acres
    Value Estimation by Request

    232 Allegan St, Otsego, MI 49078-1139

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    1340 M-89
    Restaurants
    Lot: 4.60 Acres
    Value Estimation by Request

    1340 M-89, Otsego, MI 49078

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    1310 M 89
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,196 SF Lot: 1.19 Acres
    Value Estimation by Request

    1310 M 89, Otsego, MI 49078

    View details
    1443 M 89
    RESTAURANT
    772 SF Lot: 0.72 Acres
    Value Estimation by Request

    1443 M 89, Otsego, MI 49078-9301

    View details

    Otsego, MI Restaurants Investment Opportunities Market Analysis

    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.

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    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

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