Retail-Commercial for Sale
Catylist Listing ID: 30294355
Property Subtypes: Free-Standing Building
Building Size (RSF): 41,186 SF
Gross Building Area: See Agent
Gross Land Area: 2.75 Acres
Sale Price: $599,000
Unit Price: $14.54 PSF
Ceiling: 22 ft.
Property Use Type: Vacant/Owner-User
Building Name: Former Harding's Market
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/18/2019

Overview / Comments

AVAILABLE FOR SALE – 41,186 SF free-standing building on 2.75-acre parcel in downtown Otsego. Built in 1993, this former Harding’s Market features 19’-22’ clear-height with an open-concept retail floor, office/mechanical mezzanine w/elevator, pharmacy area, 4-piece men’s restroom, 5-piece women’s restroom, two 2-piece employee restrooms, break room w/kitchenette and open warehouse/storage area with 2-10’ truck docks and 1-10’ ground-level overhead door. Site offers 312’ of frontage on S. Farmer St., 154 on-site parking spaces with 70 adjacent municipal parking spaces, multiple access options and building signage. Conveniently located within Otsego’s Central Business District. Property is zoned for a variety of uses, including, but not limited to, retail/restaurant, business service, school, funeral home, church, places of assembly, recreational, medical and professional office. Priced well below SEV!

Additional Details

Nearest MSA: Holland
County: Allegan
Taxing Authority: Otsego, City of
Tax ID/APN: 54-100-052-00
Zoning: CBD
Property Located Between: Allegan St./M-89 & Franklin St.
Property Visibility: Excellent
Largest Nearby Street: Allegan St./M-89
Feet of Frontage: 312
Highway Access: One block south of M-89.
Site Description: Located within Otsego's Central Business District.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1993
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 154
Parking Type: Surface
Parking Description: 154 on-site parking spaces with 70 adjacent municipal parking spaces.
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: CBD, Central Business District
Lot Frontage: 312
Water Service: Municipal
Sewer Type: Municipal, Storm
Legal Description: Attached

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,960 13,156 19,560
Median Age: 36.25 38.62 39.66
Households: 1,154 5,169 7,672


Photograph of Listing Agent

Jodi K. Milks, CCIM

Bradley Company CARWM Member
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