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    Otsego, MI
    Bar & Pub

    Otsego, MI Bars & Pubs for Sale

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    Plainwell, MI Allegan, MI Kalamazoo, MI
    Turnkey Restaurant and Concert Venue
    Updated: Dec 3, 2025
    Turnkey Restaurant and Concert Venue

    117 E Allegan Street, Otsego, MI 49078

    $1,283,000
    7,148 sqft · 0.33 AC lot
    Turn‑key concert venue and restaurant with Class C Liquor License and brewery included.
    High‑capacity entertainment space: 200+ indoor seating and 1200 outdoor capacity.
    Includes Real Estate, FF&E, and a 16‑stall bathroom trailer.
    Features 69 taps with three keg coolers.
    Four serving locations, large hospitality suite, and office space.
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    This listing looks promising.

    Here's a quick look at some key insights for

    117 E Allegan Street, Otsego, MI 49078

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    • Est. Cap Rate

      6.2%
      Above avg (5.9%)

    • Est. NOI

      $80K
      Annual

    • Price @ 7% Cap

      $1.14M
      Suggested
    View Property Analytics
    Turn-Key Concert Venue & Restaurant
    Updated: Dec 3, 2025
    Turn-Key Concert Venue & Restaurant

    117 - 133 E Allegan Street, Otsego, MI 49078

    $1,283,000
    7,148 sqft · 0.05 AC lot
    Turn‑key concert venue and restaurant with a Class C Liquor License and brewery included.
    High‑capacity entertainment space: 200+ indoor seating and 1200 outdoor capacity.
    Includes Real Estate, FF&E, and a 16‑stall Bathroom Trailer.
    Features a large hospitality suite and office space.
    Three keg coolers with 69 taps.
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Otsego, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Downtown Bar and Apartment Building
    Historic Downtown Bar and Apartment Building

    132 Brady Street, Allegan, MI 49010

    $350,000
    6,941 sqft · 0.14 AC lot

    Built in 1885, this brick property combines a ground-floor bar with an occupied apartment and a flexible upper level.

    View details
    Historic Two-Story Brick Bar Building
    Historic Two-Story Brick Bar Building

    132 Brady St, Allegan, MI 49010

    $350,000
    6,941 sqft

    Two-story brick building with a downstairs bar, occupied apartment, and second-floor space across from Mahan City Park.

    View details
    Established Bar in Central Location
    Established Bar in Central Location

    105 N Van Buren Street, Bloomingdale, MI 49026

    $150,000
    2,720 sqft · 0.08 AC lot

    Turnkey bar with Class C liquor license in Bloomingdale, MI.

    View details
    Established Bar in Central Bloomingdale
    Established Bar in Central Bloomingdale

    105 N Van Buren Street, Bloomingdale, MI 49026

    $150,000
    2,720 sqft · 0.08 AC lot

    Turnkey bar with Class C liquor license in high-traffic area.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Zoned B-2 Commercial Land
    Zoned B-2 Commercial Land

    21835 State Road 120, Elkhart, IN 46516

    $330,000
    1.93 AC lot

    Nearly two-acre B-2 site with an existing 1,400-sq-ft building suited for office or retail concepts.

    View details
    Turn-Key Waterfront Restaurant
    Turn-Key Waterfront Restaurant

    2403 Sunnyside Drive, Cadillac, MI 49601

    $774,000
    5,136 sqft · 3.00 AC lot

    For sale restaurant with interior dining, a waterfront deck, catering services, and liquor/beer/wine licensing.

    View details
    Turn-Key Waterfront Restaurant
    Turn-Key Waterfront Restaurant

    2403 Sunnyside Drive, Cadillac, MI 49601

    $774,000
    5,136 sqft · 3.00 AC lot

    A high-traffic Cadillac restaurant with waterfront water views, including interior seating and seasonal deck dining.

    View details
    Commercial Land in Itasca, IL
    Commercial Land in Itasca, IL

    100 S Walnut Street, Itasca, IL 60143

    Contact for pricing
    0.17 AC lot

    Commercial land available for sale in Itasca, Illinois.

    View details

    Otsego, MI Bars & Pubs Market Trends and Statistics

    Explore 2 bars & pubs for sale in Otsego, MI on our real estate platform. These investment opportunities span a total of 14,296 square feet of properties for sale, with an estimated market value of $2,566,000.

    Sale prices for pubs in Otsego, MI start at $1,283,000, averaging $1,283,000, and reaching up to $1,283,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Turn key restaurants 3
    Bars & Pubs 2

    Demographics Overview

    Population 10K
    Population Growth (5Y) +13.4%
    Median Household Income $77,517
    College Educated 25.1%

    High-Yield Neighborhoods for Investment

    Identify Otsego submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49078 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 3.72%
    Property Tax per SF $79.14 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Allegan County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Allegan County

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