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:
12/14/2025
Description
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.
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, 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.
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 - 14 - 2025
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