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430 & 422 N 5th Street

Roscommon, MI 48653
  • $2,500,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 1894974
$2,500,000
  • 0
    BEDS
  • 0.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,392
    SQFT
  • $174
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1956
County:
Area:

School Ratings & Info

Description

The Iconic Fred's Restaurant of Roscommon. Features include large dining room, very well appointed kitchen, banquet rooms, established catering business, lounge with bar, billiards corner with high-tops and an additional 7,000 squarer feet with 8 bowling lanes. Originally established in 1956, Fred's was renovated and expanded in 1980 to its current size with a seating capacity of over 200. In 2008 Fred's was completed remodeled by new owners, including complete make over of the bowling alley area including 'state of the art' bowling lanes and equipment. The 'Fred's Team' have grown the business to be well established with excellent cash flow. Fred's is located in the Heart of Northern Michigan offering four seasons of outdoor activities in a popular resort and recreation area.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-11-29T23:51:49.963.
www.brickcorbett.com/homes/123258424
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430 & 422 N 5th Street Roscommon, MI 48653

  • Price: $2,500,000
  • Status: Active
  • On Site: 17 Days
  • MLS #: 1894974
0
Beds
0
Baths
0
½ Baths
0.67
Acres
14,392
SQFT
$174
$/SQFT
1956
Built
Neighborhood:
Fred's Of Roscommon
County:
Roscommon
Area:
Roscommon
Property Description
The Iconic Fred's Restaurant of Roscommon. Features include large dining room, very well appointed kitchen, banquet rooms, established catering business, lounge with bar, billiards corner with high-tops and an additional 7,000 squarer feet with 8 bowling lanes. Originally established in 1956, Fred's was renovated and expanded in 1980 to its current size with a seating capacity of over 200. In 2008 Fred's was completed remodeled by new owners, including complete make over of the bowling alley area including 'state of the art' bowling lanes and equipment. The 'Fred's Team' have grown the business to be well established with excellent cash flow. Fred's is located in the Heart of Northern Michigan offering four seasons of outdoor activities in a popular resort and recreation area.
Exterior Features

Construction BlockFrame Exterior Features Log SidingWoodBlock Foundation Crawl Space Lot Dimensions 638X46 Parking Parking LotPaved Road Public MaintainedBlacktop Roof Asphalt

Interior Features

Heating Cooling Type Forced AirCentral Air

Property Features

Business Incl Yes Business Name Fred's Of Roscommon Deeded Waterfront No Documents On File Legal Description Eco Features No Extras Security SystemFurniture/Fixtures Heating Cooling Source Natural Gas Included In Lease None Inventory Incl No Licenses Beer/WineFoodLiquor Listing Agreement Type Exclusive Right To Sell Location Freestanding Possession At Closing Present Use Restaurant/Food ServiceOtherBar Real Estate Incl Yes Sale Or Lease For Sale Sale Rent For Sale Section Number 6 Sewer Municipal Terms Commercial LoanCash1031 ExchangePurchase Money Mortgage Township Higgins Type Retail/Commercial Type Of Ownership Private Owner Univs Design Barrier Free Widened DoorsExtra Wide HallwaysCovered EntranceGrab BarsLevered Door Knobs Vacant Land No Water Municipal Water Year Remodeled 2008 Zoning Commercial

Listing information © 2021 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of Coldwell Banker Schmidt Realtors-Hl: 989-366-5522.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2021 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2021-11-29T23:51:49.963.
 
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