800 E Allegan St - Bank FOR SALE


Otsego, MI 49078
$450,000 USD
269-930-1679
800 E Allegan St, Otsego, MI for Sale
$450,000 USD
Bank - FOR SALE
1/7
null | 13.05% Cap Rate

800 E Allegan St
Otsego, MI 49078


HIGHLIGHTS

  • Great visibility
  • Strong signage presence
  • Highly trafficked corridor

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$244 USD /SF

CAP RATE

13.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

C-1

APN/PARCEL ID

54-023-239-10

ASK ABOUT THIS PROPERTY

Derek WissnerCallander CommercialMore Info
269-930-1679

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Derek WissnerCallander CommercialMore Info
269-930-1679

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.