Own two iconic, well-maintained buildings in the heart of downtown Otsego with a profitable coffee house/bakery. The adjoining building houses a tenant paying $1,000/month but could become expansion space for the coffee house. Updates include chimney, 2023; roof, 2022; kitchen expansion, 2020; fresh paint inside and out. Ample free parking nearby, and great exposure on M-89 with over 15,000 cars/day. Grow the existing business by expanding the menu, catering, more indoor & outdoor seating, and events. Or start something new: sandwich shop, specialty foods, deli, etc. Sale includes furniture, fixtures, equipment, retail beer & wine license, recipes, name, and all branding; building and business available separately. Current owners are willing to stay on to help with the transition.
Otsego is located in Michigan. Otsego, Michigan has a population of 3,974. Otsego is less family-centric than the surrounding county with 32.22% of the households containing married families with children. The county average for households married with children is 32.99%.
The median household income in Otsego, Michigan is $44,930. The median household income for the surrounding county is $58,487 compared to the national median of $57,652. The median age of people living in Otsego is 38.8 years.
The average high temperature in July is 81.4 degrees, with an average low temperature in January of 15.1 degrees. The average rainfall is approximately 37.2 inches per year, with 79.8 inches of snow per year.
