Otsego, MI 49078 120 N Farmer Street
$560,000
3 more
Presented By: Daniel Kolp at MOXIE Real Estate + Development - (616) 890-7794
Baths • 5
Home Details
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.
Presented By: Daniel Kolp at MOXIE Real Estate + Development - (616) 890-7794
Interior Features for 120 N Farmer Street
Bathrooms
Total Baths5
Other Interior Features
Basement (Y/N)No
Heating Y/NYes
Total Stories2
General for 120 N Farmer Street
Additional Parcels Y/NNo
Business TypeOther, Professional/Office, Professional Service, Retail
CityOtsego
CountyAllegan
DirectionsN on S Farmer, past E Allegan St. Building is on the right.
Full Baths5
HeatingForced Air
High School DistrictOtsego
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionSLY34.64 FT OF LOT 120 O. P. SEC 22 & 23. TAX MAP: O.O7 AC
Listing TermsConventional, Cash
Lot Size Square Feet3049.0
Lot Size UnitsAcres
MLS AreaGreater Kalamazoo - K
MLS Area MinorGreater Kalamazoo - K
MobileHomeRemainsYNNo
ModificationTimestamp2025-06-16T13:40:33Z
New ConstructionNo
Number Of Units Total5
PossessionClose Of Escrow, Subject To Tenant Rights
Property SubtypeRetail
Property TypeCommercial Sale
Rent Control Y/NNo
Senior CommunityNone
Standard StatusActive
StatusActive
Tax Annual Amount3970.66
Tax Assessed Value62269
Tax Year2025
TownshipAllegan Twp
UtilitiesPhone Connected, Natural Gas Connected, Electricity Connected
Year Built1870
Exterior for 120 N Farmer Street
Building Area Total3500.0
Crops Included Y/NNo
Horse Y/NNo
InclusionsReal Estate
Irrigation Water Rights Y/NNo
Lot Dimensions30.64x101
Lot Size Acres0.07
Lot Size Area0.07
Number of Buildings1
SpaNo
Waterfront Y/NNo
Additional Details
Price History
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