100 W Allegan Street Active Save Request In-Person Tour Request Virtual Tour
Otsego,MI 49078
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,388 sqft
Price per Sqft $110
Municipality Otsego City
MLS Listing ID 24009606
Full Baths 3
Year Built 1913
Annual Tax Amount $8,262
Tax Year 2023
Lot Size 3,441 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 Greater Kalamazoo - K
Direction From 131, head west on M-89 to property
Interior
Heating Forced Air
Cooling Central Air
Inclusions Real Estate, Licenses, Furniture, Equipment
Exterior
Utilities Available Natural Gas Connected,Electricity Connected,Cable Connected,Broadband
Waterfront No
View Y/N No
Roof Type Rubber
Building
Foundation None,Block
Sewer Public Sewer
Water Public
Structure Type Brick,Stone
New Construction No
Schools
School District Otsego
Others
Tax ID 54-100-017-50
Ownership LLC
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash