1387 E M 89 Highway Otsego, MI ^$ 249,900

1387 E M 89 Highway

^$ 249,900

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1387 E M 89 Highway

Otsego, MI, 49078

^$ 249,900

Studio Baths2.0

Monthly Estimate*

^$ 1,746

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1387 E M 89 Highway, Otsego, MI 49078 - Image 12

Studio

Commercial Property for sale in Otsego, MI

for $249,900 with 2 full baths. This building was built in 2015 on a lot size of 2.41.

Office building on the busy M-89 Otsego corridor. High traffic and excellent visibility. Ample parking for a variety of business opportunities. Location suitable for future development. Great investment or owner occupant. 912 SF pole barn included on the site as well. Immediately across the street from new Arbor Credit Union. Excellent value for a conveniently located office presence on high very accessible roadway. Call or email agent today.

Commercial Pending

Price

^$ 249,900

Bedrooms

Studio

Full Bath

Property Type

Commercial

Taxes

^$ 9,300

Style

Office

Lot Size

2.41

Year Built

2015

Town/City

Otsego

County/Region

Allegan

MLS | Web ID

23032397

Features

General

Sewer Public Sewer

Cooling Central Air

Utilities Phone Available Public Water Available Public Sewer Available Natural Gas Available Electric Available Phone Connected Natural Gas Connected Electric Connected

Roof Composition

Construction Materials Vinyl Siding

Year Built 2015

Property SubType Office

Tax Year 2023

Business Type Other Professional/Office

County Allegan

New Construction N

Property Type Commercial Sale

Attached Garage N

Building Features Bath Common Area

Status Pending

Directions Located on M89 between Brookside & 12th Street

City Otsego

High School District Otsego

Zoning Description Commercial

Total Units 1

MLS Area Greater Kalamazoo - K

Lot Size Square Feet 104980.0

Waterfront Y/N N

Street Name M 89

Land Lease Y/N N

Tax Annual Amount 9300.0

Lease Renewal Y/N N

MLS Area Minor Greater Kalamazoo - K

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 125

Standard Status Pending

Tax Assessed Value 189300

Ownership Type LLC

Legal Description On File

Senior Community None

Exterior

Parking Features Asphalt Driveway

Water Source Public

Total Parking 30.0

Inclusions {u'Non-Applicable': True}

Lot Size Area 2.41

Number of Buildings 3

Spa N

Building Area Total 3476.0

Lot Dimensions 294' x 357.27'

Lot Size Acres 2.41

Road Surface Type Paved

Lot Size Units Acres

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Fireplaces 3

Total Stories 3476

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Full Baths 2

Street Suffix Highway

Electric On Property Y/N N

Total Baths 2

Internal Only

Street Number 1 1387

* Excluded Features

List By

Callander Commercial

Broker

mcallander@ccmichigan.com

Affordability Calculator

$2,521

Per Month

Monthly Principal & Interest: $1,746
Monthly Property Taxes: $775
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Otsego, MI

Average List Price ^$424,967

Percent of Sale Price 70%

About Otsego, MI

4,027 Population

2% Since 2002

^$45,315 Median Income

39.05 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

251391 Elementary School

249001 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/28/2023	$249,900	-16.42%	Price Down
8/31/2023	$299,000		Listed Price

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1387 E M 89 Highway, Otsego, MI, 49078 is a Commercial Property for sale at $249,900 with a lot size of 2.41. 1387 E M 89 Highway is a studio with 2.0 baths and was built in 2015. The property's zip code is 49078 which is in Otsego, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 5/1/2024.

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1387 E M 89 Highway

Commercial Property for sale in Otsego, MI

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