100 W Allegan Street $400,000

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    100 W Allegan Street Otsego, MI 49078

    • 3,388 sq. ft.
    • 0.08 Acres
    • Commercial
    • MLS# 24009606
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    Views: 12 Days On Site: 63

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    Property Details

    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.

    • General Features
      • Year Built 1913
      • New Construction Y/N false
      • Business Type Professional/Office,Restaurant,Bar/Tavern/Lounge,Retail
      • County Or Parish Allegan
      • Property Sub Type Business
      • Tax Annual Amount 8262.0
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Foundation Details None, Block
      • Construction Materials Brick, Stone
      • Building Area Total 3388.0
      • Roof Rubber
      • Number Of Units Total 2
      • Heating Y/N true
      • Full Bathrooms 3
      • Bathrooms 3
    • Property Features
      • Lot Size Acres 0.08
      • Lot Size Area 0.08
      • Number Of Buildings 2
      • Utilities Cable Connected
      • Water Source Public
      • Waterfront Y/N false
    • Schools
      • High School District Otsego

    Contact

    Maureen Culp

    Maureen Culp

    Associate Broker

    RE/MAX harbor country

    Direct: 269-645-5320

    Neighborhood

    49078 (Otsego) Demographics

    40 Median Age
    200 Population Density (per sq. mile)
    23% College Educated
    $57,797 Estimated Median Income
    2,924 Estimated Total Home Owners
    765 Estimated Total Renters
    79% / 21% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    9,738 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $279,200 Median Sales Price
    8 Homes Sold
    26 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $400,000
        2/28/2024 3:44:00 PM New in Database Source: Multiple Listing Service New Value: $400,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.