$1,283,000
117 E Allegan Street
Otsego, MI 49078
MLS# 25061870
7148 sqft


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Property 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.

Details
Maps
Location & Property Info
Cross Streets: N. Fair St. & N. Farmer St.
Property Sub-Type: Business Opportunity
Area: Greater Kalamazoo - K
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
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

IDX
Listing Office: Chuck Jaqua, REALTOR
Listing Agent: Joanne K Becker

Last Updated: December - 15 - 2025

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.