Theaters & Concert Hall

Otsego, MI Theaters & Concert Halls for Sale

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Plainwell, MI Allegan, MI Kalamazoo, MI Portage, MI Gobles, MI Oshtemo, MI Mattawan, MI Shelbyville, MI
Concert Venue with Restaurant
Updated: Sep 15
Concert Venue with Restaurant

117 E Allegan St, Otsego, MI 49078

$1,283,000
7,148 sqft
7,148 SF entertainment property at 117 E Allegan St, Otsego, MI 49078
Two stages with indoor seating for over 200 guests
Outdoor event capacity for 1,200 people
Three keg coolers with 69 taps
Class C Liquor License with four serving locations
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Restaurant with Concert Venue
Updated: Sep 8
Restaurant with Concert Venue

117133 117 - 133 E Allegan St, Otsego, MI 49078

$1,283,000
7,148 sqft
Two stages with indoor seating for more than 200 guests
Outdoor event area accommodates 1,200 people
69 taps supplied by three keg coolers
Brewery, hospitality suite, and office space included
Class C liquor license with four serving locations
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Golf and Entertainment Destination
Golf and Entertainment Destination

3600 Wayland Drive, Jackson, MI 49202

$1,950,000
5,483 sqft

Operating recreation property includes mini golf, a driving range, golf simulators, event space, and a concert venue.

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Golf Course & Driving Range
Golf Course & Driving Range

3600 Wayland Drive, Jackson, MI 49202

$1,950,000
5,483 sqft 37.52 AC lot

Miniature golf, simulators, event space, and a concert venue support multiple onsite uses.

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Historic Theatre with Marquee
Historic Theatre with Marquee

219 W Chicago Road, Sturgis, MI 49091

$375,000
7,560 sqft 0.17 AC lot

Brick entertainment venue with multiple auditoriums, updated seating, sound equipment, HVAC systems, and roofing.

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Historic Theater With Marquee
Historic Theater With Marquee

219 W Chicago Rd, Sturgis, MI 49091

$375,000
7,560 sqft

Downtown entertainment venue with multiple auditoriums, refreshed systems, upgraded seating, and classic architectural character.

View details

Otsego, MI Theaters & Concert Halls Market Trends and Statistics

Explore 2 theaters & concert halls 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 performance venues 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Theaters & concert halls 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)

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