117 – 133 E Allegan Street, Otsego, MI 49078 (MLS# 25061874)

117 - 133 E Allegan Street, Otsego, MI 49078

$1,283,000

Property Type: Commercial Sale Square Footage: 7,148 Lot Size (sq. ft.): 2,178 Status: Active

Current Price: $1,283,000 List Date: 12/14/2025 Last Modified: 1/05/2026

Overview

Description

Sale includes Real Estate, FF&E, a 16 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.

Listing Details MLS# 25061874

Location Property Info

County: Allegan
Street #: 117 - 133
Street Direction: E
Street Name: Allegan
Suffix: Street
State: MI
Zip Code: 49078
Zip (4): 1101

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.05
Lot Square Footage: 2178
Lot Dimensions: 162' x 90'
Year Built: 1950
Road Frontage: 162
Total # Units: 5
# Fin Bldg Lvls: Yes
Total # Bldgs: 5
Total SqFt: 7148
Property Use Type: Business
Full Baths: 7
Waterfront: No
School District: Otsego

Tax Info

Tax ID #: 54-100-048-20
Taxable Value: 158815
SEV: 239200
For Tax Year: 2025
Seller's Annual Property Tax: 10807
Tax Year: 2025
Spec Assessment & Type: None Known
Non-Conforming Use: No
Zoning: CBD
Homestead %: 0

Remarks Misc

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

Location & Property Info

Cross Streets: N. Fair and N. Farmer St.
Property Sub-Type: Retail
Area: Greater Kalamazoo - K
Municipality: Otsego City
Ownership Type: Private Owned

More Information

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 179.49
Prop Avail for Lease?: No
Current Bldg Use: Bar/Restaurant with Concert Venue

Remarks & Misc

Public Remarks: Sale includes Real Estate, FF&E, a 16 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.
Legal: per title commitment

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Bar/Tavern/Lounge: Yes
Recreation: Yes
Restaurant: Yes

Construction Type

Block: Yes
Frame/Wood: Yes

Exterior Material

Brick: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Ownership

LLC: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Business Includes

Equipment: Yes
Furniture: Yes
Licenses: Yes
Real Estate: Yes
Other: Yes

Util Avail at St

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Phone Available: Yes
Storm Sewer: Yes

Send to Econ Dev Org

MEDC: Yes
SWMI First, Region 5: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Property Features

Uses: Bar/Tavern/Lounge; Recreation; Restaurant Ownership: LLC Business Includes: Equipment; Furniture; Licenses; Real Estate; Other Construction Type: Block; Frame/Wood Exterior Material: Brick Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Purchase Terms Avail: Cash; Conventional Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5

Listing Office: Chuck Jaqua, REALTOR

Listing Agent: Joanne K Becker

Last Updated: January - 05 - 2026

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