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    117 E Allegan St Otsego, MI 49078

    Sponsored
    For Sale
    $1,283,000

    COMMERCIAL - Otsego, MI

    Type:Retail
    Property size:
    7,148 SF
    Lot size:
    0.05 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 6 at 9:06 pm

    Property Features for 117 E Allegan St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 4, Bathroom 7, Bathroom 3, Bathroom 6, Bathroom 5, Bathroom 2, Bathroom 1
    Bathrooms
    7
    APN
    54-100-048-20
    Size
    7,148 SF
    Lot size
    0.05 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    5
    Building materials
    Brick

    Jaqua Realtors (269) 381-7653 [email protected]

    Listing agent Joanne K Becker (269) 381-7653

    Listing date Jan 5, 2026

    Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Concert Venue & Restaurant

    This turn-key commercial property in Otsego, Michigan, presents a unique opportunity as a concert venue and restaurant. The sale includes the real estate, FF&E, a 16-stall bathroom trailer, a brewery, and a Class C liquor license with four serving locations, along with a large hospitality suite and office space. Formerly Maudes Tap House and the Liquid Note, the property features two stages and a restaurant with 69 taps served from three keg coolers. The Liquid Note also operates its own brewery, serving its beers at all locations. These well-maintained storefront properties combine historical character, prime location, and substantial capacity. With interior seating for over 200 guests between Maude's and Liquid Note, and an outdoor space accommodating 1200 people, the venue is designed for high-volume entertainment. The property is adjacent to a city parking lot, other parking lots, and street parking. The property size is 7,148 square feet on a lot of approximately 0.05 acres. This property is ready for its next chapter.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Maude’s Taphouse Bar & Grill

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Otsego
    County
    Allegan
    State
    Michigan
    Longitude
    -85.695762
    Latitude
    42.460552

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Turn key restaurant - Otsego concert venue and restaurant with brewery and liquor license.
    Where is this turn key restaurant located?
    The property is located at 117 E Allegan St Otsego, MI.
    What is the asking price?
    The asking price for this property is $1,283,000.
    What are key features of this property?
    This property features: - 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.
    (269) 217-9878
    Request Owner's contact information
    117 E Allegan St Otsego, MI 49078
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    Otsego, MI 49078
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 E Allegan St Otsego, MI 49078
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