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800 E Allegan St
Otsego, MI 49078
Retail Property For Sale
Investment Highlights
- Great visibility
- Highly trafficked corridor
- Strong signage presence
Executive Summary
Investment opportunity with excellent highway visibility and convenient access in a high-traffic corridor. This well-maintained property features a newly renovated office space and is currently leased to Stewart Title d/b/a Devon Title, providing immediate income. Additional highlights include ample on-site parking, a full basement for storage or additional use, and updated mechanical systems, offering long-term reliability and minimal capital expenditure for a new owner.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
1,846 SF
Building Class
B
Year Built
1976
Price
$450,000
Price Per SF
$243.77
Cap Rate
13.05%
NOI
$58,739
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.48 AC
Zoning
C-1 - Commercial
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
