134 W Allegan Street, Otsego, MI 49078 (MLS # 25022992)

PRICE	$480,000
SIZE	6,670 sqft
LOT SIZE	4,356 sqft

Looking 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

DAYS ON MARKET	17	LAST UPDATED	5/20/2025
YEAR BUILT	1914	COMMUNITY	Greater Kalamazoo - K
COUNTY	Allegan	STATUS	Active
PROPERTY TYPE(S)	Commercial

SCHOOLS

School District	Otsego

ADDITIONAL DETAILS
AIR	Central Air
AIR CONDITIONING	Yes
AREA	Greater Kalamazoo - K
BASEMENT	Yes
CONSTRUCTION	Block, Brick, Metal Siding
HEAT	Forced Air, Natural Gas
LOT	4356 sq ft
LOT DIMENSIONS	59X73
PARKING	Paved, Shared Driveway
SEWER	Public Sewer
STORIES	2
TAXES	9036.91
UTILITIES	Natural Gas Available, Natural Gas Connected, Electricity Connected
WATER	Public
ZONING	201 COMMERCIAL-

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Listing provided by Bellabay Realty (Middleville), Jenna Corson

Updated 6/5/25 2:48 PM PDT

Information Deemed Reliable But Not Guaranteed.

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