117 E Allegan Street, Otsego, MI 49078

$1,283,000
Property Type: Commercial Sale Square Footage: 7,148 Lot Size (sq. ft.): 14,580 Status: Active
Current Price: $1,283,000 List Date: 12/14/2025 Last Modified: 12/15/2025

Overview

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.

Listing Details MLS# 25061870

Location Property Info

County
Allegan
Street #
117
Street Direction
E
Street Name
Allegan
Suffix
Street
State
MI
Zip Code
49078
Zip (4)
1101

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.33
Lot Square Footage
14580
Lot Dimensions
162' x 90'
Year Built
1950
Road Frontage
162
Total # Units
5
# Fin Bldg Lvls
Yes
Total # Bldgs
5
Total SqFt
7148
Property Use Type
Business
Full Baths
7
Waterfront
No
School District
Otsego

Tax Info

Tax ID #
54-100-048-20
Taxable Value
158815
SEV
239200
For Tax Year
2025
Seller's Annual Property Tax
10807
Tax Year
2025
Spec Assessment & Type
None Known
Zoning
CBD

Remarks Misc

Directions
I-94 to US-131 North to Otsego exit West

More Information

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
Source MLS Verified
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.