117 E Allegan Street Otsego, MI ^$ 1,283,000

117 E Allegan Street

^$ 1,283,000

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117 E Allegan Street

Otsego, MI, 49078

^$ 1,283,000

Bedrooms-- Baths-- Sq 7,148

Monthly Estimate*

^$ 8,004

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Commercial Property for sale in Otsego, MI

for $1,283,000. This 7,148 square foot building was built in 1950 on a lot size of 0.33.

Sale includes Real Estate, FF&E, a16 stall Bathroom Trailer, Distillery and Class C Liquor License. A TURN KEY opportunity in Otsego City's most iconic Old Town neighborhood. A Concert Bar/Restaurant Venue. Formerly home to Maudes Tap House Bar & Grill and the Liquid Note Bar & Grill. These historic storefront properties offer a rare combination of history, character, location and capacity. With seating for over 200 guests, it is designed for high-volume entertainment. Adjacent to a city parking lot and Street parking. This turn-key property is ready for its next chapter as the owners after 12 successful years have now retired.

Commercial Active

Price

^$ 1,283,000

Property Type

Commercial

Taxes

^$ 10,807

Style

Business

Lot Size

0.33

Year Built

1950

Town/City

Otsego

County/Region

Allegan

MLS | Web ID

70508517

Features

General

Heating Forced Air

Status Active Active

Year Built 1950

County Allegan

Class COM/IND/BUS OPP

Type Business

Ownership LLC

Municipality Otsego

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Commercial Features Furniture

Area Otsego (03036)

Primary City Otsego

Directions I-94 to US-131 North to Otsego exit West

City Otsego

Financial Terms Cash Conventional

Legal Description Per title commitment.

DOM 11

Postal Code 49078

Price Per Sq Ft Total AG 179.49

Public Remarks Sale includes Real Estate FF&E a16 stall Bathroom Trailer

Exterior

Exterior Block Brick Frame Wood

Frontage 162

Lot Size Area 0.33

Lot Dimensions 162' x 90'

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Joanne Becker

Listing Agent

Chuck Jaqua, Realtor

Broker

jbecker@jaquarealtors.com

Affordability Calculator

$8,905

Per Month

Monthly Principal & Interest: $8,004
Monthly Property Taxes: $901
Monthly Home Insurance: --

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Down Payment

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Yearly 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

Trends
Schools

Commerical listings in Otsego, MI

Average List Price ^$179,000

Percent of Sale Price 86%

About Otsego, MI

4,027 Population

2% Since 2002

^$45,315 Median Income

39.05 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
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 7,148 sqft and a lot size of 0.33. 117 E Allegan Street was built in 1950. The property's zip code is 49078 which is in Otsego, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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117 E Allegan Street

Commercial Property for sale in Otsego, MI

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