100, Allegan, Otsego, MI, 49078
Basics
- Date added: Added 7 months ago
- Category: Commercial Sale
- Type: Business
- Status: Active
- Bathrooms: 3
- Lot size: 0.08 sq ft
- Year built: 1913
- Bathrooms Full: 3
- Lot Size Acres: 0.08 acres
- Business Type: Professional/Office, Restaurant, Bar/Tavern/Lounge, Retail
- County: Allegan
- MLS ID: 24009606
Description
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Description:
Own two iconic, well-maintained buildings in the heart of downtown Otsego along with a profitable coffee house/bakery with 9 years in business. 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. Expand the existing business with a new 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. Current owners are willing to stay on to help with the transition.
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Location
- Directions: From 131, head west on M-89 to property
Building Details
- Building Area Total: 3388 sq ft
- Number Of Units Total: 2
- Construction Materials: Brick, Stone
- Sewer: Public Sewer
- Roof: Rubber
- Foundation Details: None, Block
- Number Of Buildings: 2
Amenities & Features
- Inclusions: 1, 1, 1, 1
- Utilities: Broadband Available, Natural Gas Connected, Electric Connected, Cable Connected
- WaterSource: Public
- Fireplaces Total: 2
- Cooling: Central Air
Fees & Taxes
- Tax Assessed Value: $131,500
- Tax Year: 2023
- Tax Annual Amount: $8,262
School Information
- High School District: Otsego
Miscellaneous
- CrossStreet: Farmer & North
- Listing Terms: Conventional, Cash
