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100 W Allegan Street

Otsego, MI 49078
  • $400,000
  • STATUS: Active
  • ON SITE: 116 Days
  • ID#: 24009606
UPDATED: 154 min ago
$400,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1913
County:

School Ratings & Info

School District:

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.

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© 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2024-06-24T16:00:26.28.
www.refacmi.com/homes/148103201
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100 W Allegan Street Otsego, MI 49078

  • Price: $400,000
  • Status: Active
  • On Site: 116 Days
  • Updated: 154 min ago
  • ID#: 24009606
0
Beds
3
Baths
0
½ Baths
0.08
Acres
1913
Built
Neighborhood:
Otsego City
County:
Allegan
School District:
Otsego
Property 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.
Exterior Features

Construction Materials BrickStone Foundation Details NoneBlock Roof Rubber Waterfront YN No

Interior Features

Cooling Central Air Cooling YN Yes Heating YN Yes

Property Features

Auction Or For Sale For Sale Business Type Professional/OfficeRestaurantBar/Tavern/LoungeRetail Cross Street Farmer & North Documents Available [] Inclusions "Real Estate": true"Licenses": true"Furniture": true"Equipment": true Lease Considered YN No Listing Terms ConventionalCash New Construction YN No Property Sub Type Business Sewer Public Sewer Tax Annual Amount 8262 Tax Year 2023 Utilities Broadband AvailableNatural Gas ConnectedElectric ConnectedCable Connected Water Source Public Zoning CBD

Listing provided courtesy of Rob Peterson of Dover Birch & Associates: 269-443-0033. © 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2024 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2024-06-24T16:00:26.28.
 
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