117 E Allegan Street, Otsego, MI 49078 (MLS# 25061870)

117 E Allegan Street, Otsego, MI 49078

New Listing

$1,283,000

Property Type: Commercial Sale Square Footage: 7,148 Lot Size (sq. ft.): 14,580 Status: Active

Current Price: $1,283,000 List Date: 12/14/2025 Last Modified: 12/15/2025

Description

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.

More Information MLS# 25061870

Location & Property Info

Cross Streets: N. Fair St. & N. Farmer St. Property Sub-Type: Business Opportunity Municipality: Otsego City Ownership Type: Private Owned

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

General Property Info

New Construction: No Lot Dimensions: 162' x 90' Road Frontage: 162 Waterfront: No Total # Units: 5 Total # Bldgs: 5 # Fin Bldg Lvls: 1 Total SqFt: 7148 Property Use Type: Business School District: Otsego Lot Measurement: Acres Lot Acres: 0.33 Lot Square Footage: 14580 Year Built: 1950 Full Baths: 7

Tax Info

Taxable Value: 158815 SEV: 239200 For Tax Year: 2025 Seller's Annual Property Tax: 10807 Tax Year: 2025 Homestead %: 0 Spec Assessment & Type: None Known Zoning: CBD Tax ID #: 54-100-048-20

Remarks & Misc

Public Remarks: 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. Legal: Per title commitment.

Utilities Attached

Cable Connected: 1 Electricity Connected: 1 Natural Gas Connected: 1 Phone Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Uses

Bar/Tavern/Lounge: 1 Recreation: 1 Restaurant: 1

Construction Type

Block: 1 Frame/Wood: 1

Exterior Material

Brick: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Ownership

LLC: 1

Heat Type

Forced Air: 1

Air Conditioning

Central Air: 1

Business Includes

Equipment: 1 Furniture: 1 Licenses: 1 Real Estate: 1 Other: 1

Util Avail at St

Cable Available: 1 Electricity Available: 1 Natural Gas Available: 1 Phone Available: 1 Storm Sewer: 1

Send to Econ Dev Org

MEDC: 1 SWMI First, Region 5: 1

Purchase Terms Avail

Cash: 1 Conventional: 1

Location Property Info

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

OfficeContract Info

Status: Active Current Price: $1,283,000 List Price: $1,283,000 Listing Date: 2025-12-03

Remarks Misc

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

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: December - 15 - 2025

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