$118.06 Per Sq Foot $2,147 est/mo Sourced by Back At You

100 W Allegan Street,Otsego, MI 49078

Otsego MI, 49078

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Description

Own two iconic, well-maintained buildings in the heart of downtown Otsego with a profitable coffee house/bakery. The adjoining building houses a tenant paying $1,000/month but could become expansion space for the coffee house. Updates include chimney, 2023; roof, 2022; kitchen expansion, 2020; fresh paint inside and out. Ample free parking nearby, and great exposure on M-89 with over 15,000 cars/day. Grow the existing business by expanding the menu, catering, more indoor & outdoor seating, and events. Or start something new: sandwich shop, specialty foods, deli, etc. Sale includes furniture, fixtures, equipment, retail beer & wine license, recipes, name, and all branding; building and business available separately. Current owners are willing to stay on to help with the transition.

Details

MLS#24009606
Listing TypeFor Sale
StyleOther Business Opportunity
Sub-TypeResale
StatusActive
Year1913
Days On Site54
Listing Provided ByDover Birch & Associates | Rob Peterson

Features

Bath(s) 3 Total
SQ Feet3,388
Story(s)1
Units2
Building(s)2
ZoningCBD
Acreage0.08

Market Activity 49078

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Learn More About This Property

StateMI
CountyAllegan
CityOtsego
Zip Code49078
AreaGreater Kalamazoo K
SubareaK
School DistrictOtsego
Listing VS Median (in 49078)
Price:
$400,000
low | high
Med:
$304,950
73.7625% of Average
SqFt:
3,388
low | high
Med:
1,975
91.720779220779% of Average
$ / SqFt:
$118
low | high
Med:
$159
14.950174067012% of Average
On Site:
54
low | high
Med:
15.500000
100% of Average
Sourced by Back At You
Listing Updated: March 19, 2024 at 3:59:55 AM PDT
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