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Maudes Tap House & Liquid Note 117 E Allegan St 7,148 SF Retail Building Otsego, MI 49078 $1,730,677 CAD ($242.12 CAD/SF)
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, 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.
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
|
| Total 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
Building Size
7,148 SF
Year Built/Renovated
1950/2017
Price
$1,730,677 CAD
Price Per SF
$242.12 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
Property Taxes
| Parcel Numbers | Total Assessment | $332,486 CAD | |
| Land Assessment | $24,603 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $307,883 CAD | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$24,603 CAD
Improvements Assessment
$307,883 CAD
Total Assessment
$332,486 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Maudes Tap House & Liquid Note | 117 E Allegan St
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