$1,500,000
View On Website
 Property Type Business Op
 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 sq ft 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 completely remodeled by new owners, including complete make over of the bowling alley area with 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/201816148
AGENT/COMPANY DETAILS  
Customer Care
Phone: 248-304-6700
[email protected]
www.www.realestateone.com.com/201816148
Customer Care
LOCATION  
  • Township  Higgins
  • Directions  From corner of 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  $0
  • Comm. Total Space  14392.00
  • Unfinished SqFt  0
  • Above Grade Finished SqFt  0
  • CDOM  0
  • Sub Property Type  Business Op
  • Year Built  1954
  • Days on Market  721
  • ASSESSMENT/SCHOOLS   
  • Land Assessment  -
  • Improvements  -
  • Net Taxes  $307000
  • Acreage  -
  • Taxes  $307000.0
  • Tax Year  -
  • Summer Taxes  -
  • Winter Taxes  -
  • LOT DESCRIPTION  
  • Subdivision  T24N R2W
  • Lower Level Square Footage  0
  • Waterview  N
  • Waterfront  N
  • For Lease/Rent  N
  • Est. Total Acres  0.0
  • Lot Dimensions  638x46
  • WaterFrontage   0
  • INTERIOR FEATURES  
  • Heating  Central Air, Forced Air, Natural Gas
  • Cooling  Central Air, Forced Air, Natural Gas
  • Water  Municipal
  • Zoning  Commercial
  • Basement  N
  • Heating  Central Air, Forced Air, Natural Gas
  • EXTERIOR FEATURES  
  • Garage  0.0
  • Basement details  Crawl Space
  • Sewer  Municipal
  • Parking Desc  Parking Lot, Paved
  • Terms/Misc.  Cash, Conventional Mort, Land Contract
  • DETAILS  
  • Variable Commission  PB17
  • Status Change Date  11/01/2023
  • Listing Date  11/09/2021
  • Internet/IDX  Y
  • Co-Listing Agent Name  Tom Bailey
  • Named Exceptions  N
  • Proposed Close Date  06/13/2023
  • LISTING OFFICE DETAILS  
  • Listing Office   Cb Schmidt Houghton Lake
  • Office Address   1244 W Houghton Lake Drive
  • Listing Number   201816148



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