117 E Allegan St - Retail FOR SALE


Otsego, MI 49078
$1,283,000 USD
269-217-9878
117 E Allegan St, Otsego, MI for Sale
$1,283,000 USD
Retail - FOR SALE
1/93
null | Request Cap Rate

117 E Allegan St
Otsego, MI 49078


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,283,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Maudes Tap House & Liquid Note

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bar, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CBD

APN/PARCEL ID

54-100-022-00,54-100-022-50,54-100-023-00,54-100-026-00,54-100-048-20

ASK ABOUT THIS PROPERTY

Joanne BeckerJaqua RealtorsMore Info
269-217-9878

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Joanne BeckerJaqua RealtorsMore Info
269-217-9878

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.