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Maudes Tap House Bar & Grill Cocert Venue 117 E Allegan St 7,148 SF Retail Building Otsego, MI 49078 $1,283,000 ($179.49/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, 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 | ANNUAL PER SF |
|---|---|---|
| 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 | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| 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
$1,283,000
Price Per SF
$179.49
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 | $239,200 | |
| Land Assessment | $17,700 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $221,500 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$17,700
Improvements Assessment
$221,500
Total Assessment
$239,200
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Maudes Tap House Bar & Grill Cocert Venue | 117 E Allegan St
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