6
Full Baths6,670
Square FeetLooking for a Great Investment Opportunity with a 9% Cap Rate or Return on Investment, Passing Environmental & Open Book Rent Roll for tenants & Expenses? The Building has new flat roof on both buildings, New commercial doors, new updated commercial space that rents 5 separate offices in one commercial space and another commercial business next door along with 3 apartments filled with long term tenants. Apartment 1 = $950/month Year Lease Apartment 2 = $1,000/month Year Lease Apartment 3 = $1,250/month 6 month Lease Office 1 = $550/month Year Lease Office 2 = $515/month Year Office 3 = $300 Office 4 = $300 Office 5 = Vacant Commercial Building 2 = $750/m 3 year lease Monthly Income $5,615 Owners pay for Water & Trash Only. No Yard Maintenance. No Snow Removal. Public Parking
- Status
- Sold
- Address
- 134 W Allegan Street
- City
- Otsego
- Zip
- 49078
- Year Built
- 1914
- Business Type
- Other, Professional Service, Professional/Office
- Sold Price
- $425,000
- County
- Allegan
- Above Grade SqFt
- 6,670
- Possession
- Close Of Escrow
- Price/SqFt
- 68.95
- Total No. of Units
- 9
- Zoning
- 201 COMMERCIAL-
- Sub Property Type
- Business
- Cooling
- Central Air
- Heating
- Forced Air
- School District
- Otsego
| MLS Number | Status | Activity Date | List Price | Sold Price | DOM |
|---|---|---|---|---|---|
| 25022992 | Sold | Sep 19 2025 3:01PM | $425,000 | 22 | |
| 25022992 | Pending | Jun 11 2025 8:01AM | |||
| 25022992 | Jun 6 2025 4:03PM | $459,900 | |||
| 25022992 | Active | May 20 2025 12:29PM | $480,000 | 22 |
Listing courtesy of
Bellabay Realty (middleville)
Office Address: 317 Arlington St., Middleville
Listing Agent: Jenna Corson
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listings last updated: July 27, 2026. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available.
Our Michigan real estate agents can answer all of your questions about 134 W Allegan Street, Otsego MI 49078. Real Estate One and Max Broock Realtors are part of the Real Estate One Family of Companies and dominate the Otsego, Michigan real estate market. To sell or buy a home in Otsego, Michigan, contact our real estate agents as we know the Otsego, Michigan real estate market better than anyone with over 100 years of experience in Otsego, Michigan real estate for sale.
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