The median home value in Otsego, MI is $238,650.
This is
higher than
the county median home value of $229,000.
The national median home value is $308,980.
The average price of homes sold in Otsego, MI is $238,650.
Approximately 66% of Otsego homes are owned,
compared to 25% rented, while
9% are vacant.
Otsego real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Otsego real estate agent to arrange a tour today!
Learn more about Otsego.
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.
Spacious commercial building in heart of Otsego is adaptable to many uses was previously used as office space, now being used by a church. Totally remodeled in 2020 with new gas furnace, central air & roof in 2022, makes this an exceptional investment. Front entry leads to reception area which then opens into 2 open areas. There are 3 offices, 2 newly remodeled baths, a huge work room, break room and full kitchen with appliances included. Add in the convenience of city utilities and on-street parking with a city lot across the street and you're all set ! Currently leased thru June 2024 at $1300 per month but tenant is willing to co-operate if buyer needs possession sooner. Seller pays all utilities.