$1,500,000
View On Website
 Property Type Retail/Commercial
 Parcel # 005-106-003-0525 &
 County Roscommon
 Sold Price $1,300,000
 Sold Date 10/31/2023
 Close Date 10/31/2023 12:00 AM
MLS Public Remarks  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.
http://www.www.realestateone.com.com/1894974
AGENT/COMPANY DETAILS  
Customer Care
Phone: 800-871-9992
[email protected]
www.www.realestateone.com.com/1894974
Customer Care
LOCATION  
  • Township  Higgins
  • Directions  From M-18 & M-76 in Roscommon, go NW on M-76 to Fred's - across from Family Fare
  • HOUSE DESCRIPTION  
  • Fin Below Grd SqFt  0
  • Total Fin SqFt  14,392
  • Price/SqFt  $90
  • Current Use  Restaurant/Food Service,Other,Bar
  • Unfinished SqFt  0
  • Above Grade Finished SqFt  0
  • CDOM  721
  • Sub Property Type  Retail/Commercial
  • Year Built  1956
  • Days on Market  721
  • ASSESSMENT/SCHOOLS   
  • Land Assessment  -
  • Improvements  -
  • Acreage  0.67
  • Taxes  -
  • Tax Year  -
  • Summer Taxes  -
  • Winter Taxes  -
  • LOT DESCRIPTION  
  • Lower Level Square Footage  0
  • Waterview  N
  • Waterfront  N
  • For Lease/Rent  N
  • Est. Total Acres  0.67
  • Lot Dimensions  638X46
  • WaterFrontage   0
  • INTERIOR FEATURES  
  • Heating  Central Air, Forced Air, Natural Gas
  • Cooling  Central Air, Forced Air, Natural Gas
  • Water  Municipal Water
  • Zoning  Commercial
  • Heating  Central Air, Forced Air, Natural Gas
  • EXTERIOR FEATURES  
  • Garage  0.0
  • Basement details  Crawl Space
  • Sewer  Municipal
  • Features  Furniture/Fixtures, Security System
  • Parking Desc  Parking Lot, Paved
  • Exterior Features  Block, Log Siding, Wood
  • Terms/Misc.  1031 Exchange, Cash, Commercial Loan, Purchase Money Mortgage
  • Possession  At Closing
  • DETAILS  
  • Variable Commission  116585
  • Status Change Date  11/01/2023
  • Listing Date  11/12/2021
  • Internet/IDX  Y
  • Pending Date  06/13/2023
  • Co-Listing Agent Name  Tom Bailey
  • Licensee Interest  Food,Liquor,Beer/Wine
  • Proposed Close Date  06/13/2023
  • LISTING OFFICE DETAILS  
  • Listing Office   Coldwell Banker Schmidt Realtors-Hl
  • Office Address   1244 W HOUGHTON LAKE DRIVE
  • Listing Number   1894974



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