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$ 375,000
Est. payment /mo
Price Dropped by $25K
100 W Allegan Street Otsego, MI 49078
3,388 SqFt
UPDATED:
10/15/2024 04:38 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,388 sqft
Price per Sqft $110
Subdivision Mi
MLS Listing ID 70392079
Year Built 1913
Annual Tax Amount $8,262
Tax Year 2023
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 (03036)
Interior
Heating Forced Air
Exterior
Roof Type Rubber
Building
Foundation Basement
Water Public Water
Structure Type Brick,Frame,Stone,Wood
Others
Ownership LLC
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Dover Birch & Associates