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117 E Allegan Street Otsego, MI $ 1,283,000
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$ 1,283,000 Get more info
117 E Allegan Street
$ 1,283,000
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117 E Allegan Street

Otsego, MI, 49078
$ 1,283,000
Bedrooms-- Baths7.0

Monthly Estimate*

$ 8,004

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Commercial Property for sale in Otsego, MI

for $1,283,000 with 7 full baths. This building was built in 1950 on a lot size of 0.33.

Sale includes Real Estate, FF&E, a16 stall Bathroom Trailer, brewery, Class C Liquor License with four serving locations, as well as a large hospitality suite and office space. This TURN KEY opportunity in the City of Otsego is a Concert Venue with two stages & Restaurant with a huge selection of 69 taps in its three keg coolers. Formerly home to Maudes Tap House and the Liquid Note. Liquid Note also hosts its own brewery serving its beers at all locations. These well maintained storefront properties offer a rare combination of history, character, location and capacity. With seating for over 200 guests inside Maude's and Liquid note, and 1200 people in its outdoor space, it is designed for high-volume entertainment. Adjacent to a city parking lot as well as other parking lots and Street parking. This turn-key property is ready for its next chapter as the owners after 12 successful years have now retired.

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Commercial Active

Price

$ 1,283,000

Full Bath

7

Property Type

Commercial

Taxes

$ 10,807

Style

Business

Lot Size

0.33

Year Built

1950

Town/City

Otsego

County/Region

Allegan

MLS | Web ID

25061870
Features
General
Heating Forced Air
Cooling Central Air
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Phone Connected Natural Gas Connected Electricity Connected Cable Connected Storm Sewer
Construction Materials Brick
Year Built 1950
Township Otsego City
Property Subtype Business
Tax Year 2025
Ownership Private Owned
Business Type Restaurant Bar/Tavern/Lounge Recreation
County Allegan
New Construction N
Property Type Commercial Sale
Full Baths 7
Status Active
Directions I-94 to US-131 North to Otsego exit West
City Otsego
High School District Otsego
Zoning Description CBD
Number Of Units Total 5
MLS Area Greater Kalamazoo - K
Lot Size Units Acres
Lot Size Square Feet 14580.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 10807.0
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
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 158815
Ownership Type LLC
Legal Description Per title commitment.
Senior Community None
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Exterior
Inclusions Real Estate Licenses Furniture Equipment
Lot Size Area 0.33
Number of Buildings 5
Spa N
Building Area Total 7148.0
Lot Dimensions 162' x 90'
Lot Size Acres 0.33
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 7
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Internal Only
Street Number 1 117
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* Excluded Features
List By
Chuck Jaqua, Realtor

Broker

jbecker@jaquarealtors.com

Email

Affordability Calculator

$8,905
Per Month
90%
10%
0%
Monthly Principal & Interest
$8,004
Monthly Property Taxes
$901
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
251391 Elementary School
249001 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/14/2025$1,283,000 Listed Price

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117 E Allegan Street, Otsego, MI, 49078 is a Commercial Property for sale at $1,283,000 with a lot size of 0.33. 117 E Allegan Street has 7.0 baths and was built in 1950. The property's zip code is 49078 which is in Otsego, MI

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