120 N Farmer Street

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30557419
Property Subtypes: Mixed Use
Building Size (RSF): 3,400 SF
Gross Building Area: See Agent
Gross Land Area: 2,720 SF
Sale Price: $279,000
Unit Price: $82.06 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2020

Overview / Comments

PRICE REDUCED! Mixed use Investment Property. Two Commercial Units on main level, with three Apartments above. Every Unit has been updated. Good location just off the Main Street Area of Otsego.

Additional Details

Nearest MSA: Holland
County: Allegan
Taxing Authority: City of Otsego
Tax ID/APN: 54-100-120-70
Zoning: CBD
Retail Clientele: General, Family
Property Located Between: E Allegan & Court St
Property Visibility: Good
Largest Nearby Street: E. Allegan (M-89)
Feet of Frontage: 34
Traffic/Vehicle Count: 5,071
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1870
Construction/Siding: Block
Heat Type: Natural Gas
Heat Source: Central
Lot Frontage: 34
Lot Depth: 80
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,748 14,468 19,560
Median Age: 35.21 38.51 39.66
Households: 690 5,705 7,672


Photograph of Listing Agent

Matthew Leighton, CCIM

Jaqua Commercial
CPIX Member
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