Homes for sale - 430 & 422 N 5th Street, Higgins Twp, MI 48653

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Chris Hubel

chris@chrishubel.com +1(248) 568-6030

$ 1,500,000

Est. payment -/mo

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Accepting Backup Offers

430 & 422 N 5th Street Higgins Twp, MI 48653

14,392 SqFt

UPDATED:

07/11/2023 02:52 PM

Key Details

Property Type Commercial

Listing Status Accepting Backup Offers

Purchase Type For Sale

Square Footage 14,392 sqft

Price per Sqft $104

Subdivision Fred'S Of Roscommon

MLS Listing ID 77001329273

Originating Board Northeastern Michigan Board of REALTORS®

Year Built 1956

Lot Size 0.670 Acres

Acres 0.67

Lot Dimensions 638X46

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.

Location

State MI

County Roscommon

Area Higgins Twp

Zoning Commercial

Interior

Heating Forced Air, Central Air

Heat Source Natural Gas

Exterior

Pool No

Roof Type Asphalt

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block/Concrete/Masonry,Frame,Log,Wood

Schools

School District Roscommon

Others

Tax ID 005-106-003-0525 & 0500 +

Ownership Private Owned

Acceptable Financing Cash, Other, Owner May Carry(Purchase Money Mortgage), Trade/Exchange

Listing Terms Cash, Other, Owner May Carry(Purchase Money Mortgage), Trade/Exchange

Financing Cash,Other,Owner May Carry(Purchase Money Mortgage),Trade/Exchange

Special Listing Condition Unknown/Data Share Listings

Listed by RUTH CLEMENS of COLDWELL BANKER SCHMIDT REALTORS-HL