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Maudes Tap House Bar & Grill Concert Venue 117 E Allegan St 7,148 SF Retail Building Otsego, MI 49078 $1,766,550 CAD ($247.14 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • 12 years as a Concert/Entertainment Venue
  • Adjacent city parking in back of buildings + street parking
  • Just minutes from US-131
  • Store Front buildings
  • Two side by side Bars with Hospitality Suite for Entertainers

EXECUTIVE SUMMARY

Sale includes Real Estate, FF&E, a 16 stall Bathroom Trailer, Distillery and Class C Liquor License. A TURN KEY opportunity in Otsego City's most iconic Old Town neighborhood. A Concert Bar/Restaurant Venue. Formerly home to Maudes Tap House Bar & Grill and the Liquid Note Bar & Grill. These historic storefront properties offer a rare combination of history, character, location and capacity. With seating for over 200 guests, it is designed for high-volume entertainment. Adjacent to a city parking lot and Street parking. This turn-key property is ready for its next chapter as the owners after 12 successful years have now retired.

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Building Size
7,148 SF
Year Built/Renovated
1950/2017
Price
$1,766,550 CAD
Price Per SF
$247.14 CAD
Building Height
1 Story
Zoning
CBD - Central Business District
Frontage
162’ on Allegan

AMENITIES

  • Restaurant
  • Security System
  • Air Conditioning

ABOUT 117 E ALLEGAN ST , OTSEGO, MI 49078

5 combined parcels. 162' x 90'. Used as a concert/entertainment venue

NEARBY MAJOR RETAILERS

Peloton Inc
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 54-100-022-00
  • 54-100-022-50
  • 54-100-048-20
  • 54-100-023-00
  • 54-100-026-00
Land Assessment
$24,371 CAD
Improvements Assessment
$304,981 CAD
Total Assessment
$329,352 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 38770546

  • Date on Market: 2025-12-14

  • Last Updated:

  • Address: 117 E Allegan St, Otsego, MI 49078

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