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120 N Farmer

Otsego, MI 49078
  • $560,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 25025217
UPDATED: 24 min ago
$560,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,500
    SQFT
  • $160
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1870
County:

School Ratings & Info

Description

120 N Farmer is situated in a prime location downtown Otsego, providing convenient access to shopping, restaurants & bars. This turnkey investment opportunity could also be an ideal owner occupant live/work space. The main level consists of 2 commercial spaces totaling approx 1,730 sq ft, while the upper level consists of 3 apartments. 100% occupancy, rents are blow market and should be increased. Upper level includes: 2 bdrm apt., one bdrm apt and a studio. Tenants pay all utilities, including water.

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[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-07-07T21:52:15.113.
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120 N Farmer Otsego, MI 49078

  • Price: $560,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 24 min ago
  • MLS #: 25025217
0
Beds
0
Baths
0
½ Baths
0.07
Acres
3,500
SQFT
$160
$/SQFT
1870
Built
Neighborhood:
Allegan Twp (03001)
County:
Allegan
Area:
Allegan Twp (03001)
Property Description
120 N Farmer is situated in a prime location downtown Otsego, providing convenient access to shopping, restaurants & bars. This turnkey investment opportunity could also be an ideal owner occupant live/work space. The main level consists of 2 commercial spaces totaling approx 1,730 sq ft, while the upper level consists of 3 apartments. 100% occupancy, rents are blow market and should be increased. Upper level includes: 2 bdrm apt., one bdrm apt and a studio. Tenants pay all utilities, including water.
Exterior Features

Exterior Construction ConcreteFrameWood Frontage 34 Lot Size 30.64x101 Waterfront YN No

Interior Features

Basement YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Business Type OfficeRetail Commercial Type Commercial/Industrial Financial Terms CashConventional Municipality Allegan Twp Sale Includes Real Estate Only SEV 68100 Taxable Value 62269 Total Tax Amount 3970.66 Total Tax Year 2024

Listing courtesy of MOXIE Real Estate + Development : (616) 890-7794.

Source MLS: MiRealSource
Originating MLS: Greater Regional AOR MLS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-07-07T21:52:15.113.
 
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The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507