Otsego, MI Bars & Pubs for sale

Updated: Dec 3, 2025

Turn-Key Restaurant & Brewery Venue

117 - 133 E Allegan Street, Otsego, MI 49078

$1,283,000

7,148 sqft 0.05 AC lot

City of Otsego concert venue with two stages and a restaurant
Seats 200+ guests inside and 1,200 people in outdoor space
Sale includes real estate, FF&E, a 16‑stall bathroom trailer, and a brewery
Class C liquor license included with four serving locations
Restaurant features 69 taps in three keg coolers plus hospitality suite and office space

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This listing looks promising.

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117 - 133 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

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Otsego, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

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.

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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.

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Two-Level Conventional Restaurant Building

6225 D Avenue West, Kalamazoo, MI 49009

Contact for pricing

7,000 sqft 2.23 AC lot

Two restaurant spaces provide separate kitchens, bar areas, and flexible event and patio amenities.

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Freestanding Neighborhood Grill & Bar

5330 W MAIN ST, Kalamazoo, MI 49009

Contact for pricing

5,621 sqft 1.16 AC lot

Freestanding Applebee’s restaurant on an outlot with direct West Main Street frontage and long-term tenant operation.

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Otsego, MI Bars & Pubs Market Trends and Statistics

Explore 1 bars & pubs for sale in Otsego, MI on our real estate platform. These investment opportunities span a total of 7,148 square feet of properties for sale, with an estimated market value of $1,283,000.

Sale prices for pubs in Otsego, MI average $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.

Neighborhood	Average Price
49078	$1.3M

Neighborhood

Average Price

49078

$1.3M

Otsego, MI Bars & Pubs for Sale

117 - 133 E Allegan Street, Otsego, MI 49078