Homes for sale - 100 W Allegan Street, Otsego, MI 49078

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Chris Hubel

chris@chrishubel.com +1(248) 568-6030

$ 375,000

Est. payment -/mo

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100 W Allegan Street Otsego, MI 49078

3,388 SqFt

UPDATED:

10/15/2024 04:53 PM

Key Details

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 3,388 sqft

Price per Sqft $110

MLS Listing ID 66024009606

Originating Board Greater Kalamazoo Association of REALTORS®

Year Built 1913

Annual Tax Amount $8,262

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 49x70

Property Description

Own an iconic coffee house/bakery in the heart of downtown Otsego. Real estate is included, with a new chimney, 2023; roof, 2022; A/C unit, 2023; and kitchen expansion, 2020. Commercial tenant pays $1,200/month. 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. Sale includes furniture, fixtures, equipment, retail beer & wine license, recipes, name, and all branding. Building and business available separately; owner would consider financing the right operator, depending on experience, credit, and terms.

Location

State MI

County Allegan

Area Otsego

Zoning Other

Direction From 131, head west on M-89 to property

Interior

Heating Forced Air, Central Air

Heat Source Natural Gas

Exterior

Roof Type Rubber

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick,Frame,Stone,Wood

Schools

School District Otsego

Others

Tax ID 5410001750

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings

Listed by Rob Peterson of Dover Birch & Associates