100 W Allegan Street Otsego, MI 49078

Active

$400,000

Market Estimate

Request Info

3,388 sq. ft.
0.08 Acres
Commercial
MLS# 70392079

Listing provided courtesy of: Dover Birch & Associates - (269) 443-0033

Favorite Share

Views: 5 Days On Site: 63

Go Tour This Listing

Wednesday 01 May

Thursday 02 May

Friday 03 May

Saturday 04 May

Sunday 05 May

Monday 06 May

Tuesday 07 May

Wednesday 08 May

Thursday 09 May

Friday 10 May

Saturday 11 May

Sunday 12 May

Monday 13 May

Tuesday 14 May

Wednesday 15 May

Thursday 16 May

Friday 17 May

Saturday 18 May

Sunday 19 May

Monday 20 May

Tuesday 21 May

Wednesday 22 May

Thursday 23 May

Friday 24 May

Saturday 25 May

Sunday 26 May

Monday 27 May

Tuesday 28 May

Wednesday 29 May

Thursday 30 May

Friday 31 May

Saturday 01 Jun

Sunday 02 Jun

Monday 03 Jun

Tuesday 04 Jun

Wednesday 05 Jun

Thursday 06 Jun

Friday 07 Jun

Saturday 08 Jun

Sunday 09 Jun

Monday 10 Jun

Tuesday 11 Jun

Wednesday 12 Jun

Thursday 13 Jun

Friday 14 Jun

Saturday 15 Jun

Sunday 16 Jun

Monday 17 Jun

Tuesday 18 Jun

Wednesday 19 Jun

Thursday 20 Jun

Friday 21 Jun

Saturday 22 Jun

Sunday 23 Jun

Monday 24 Jun

Tuesday 25 Jun

Wednesday 26 Jun

Thursday 27 Jun

Friday 28 Jun

Saturday 29 Jun

Sunday 30 Jun

Monday 01 Jul

Tuesday 02 Jul

Wednesday 03 Jul

Thursday 04 Jul

Friday 05 Jul

Saturday 06 Jul

Sunday 07 Jul

Monday 08 Jul

Tuesday 09 Jul

Wednesday 10 Jul

Thursday 11 Jul

Friday 12 Jul

Saturday 13 Jul

Sunday 14 Jul

Monday 15 Jul

Tuesday 16 Jul

Wednesday 17 Jul

Thursday 18 Jul

Friday 19 Jul

Saturday 20 Jul

Sunday 21 Jul

Monday 22 Jul

Tuesday 23 Jul

Wednesday 24 Jul

Thursday 25 Jul

Friday 26 Jul

Saturday 27 Jul

Sunday 28 Jul

Monday 29 Jul

Schedule A Showing

Property Details

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.

General Features
- Acreage 0.08
- Area Municipality Otsego (03036)
- County Allegan
- Originating MLS Greater Kalamazoo Association of REALTORS
- Ownership LLC
- Total SqFt Finished 3388
- Waterfront Y/N No
- Year Built 1913
Building Features
- Exterior Construction Brick, Frame, Stone, Wood
- Foundation Type Basement
- Heating System Forced Air
- FUEL TYPE Natural Gas
- Roofing Rubber
Property Features
- Water Public Water
- Lot Size 49x70
- Roads City/County
- Sewer Septic Public Sanitary

Contact

Ryan Newman

Sales Associate

RE/MAX Select

Direct: 810-600-2048

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 4:22:00 PM	New in Database Source: Multiple Listing Service	New Value: $400,000

Payment Calculator

$0 per month

Year Fixed, Interest

Principal and Interest

Property Taxes

Homeowners' Insurance

Home Price

Down Payment

* This payment calculator is intended for educational and planning purposes only.
** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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.