For more information regarding the value of a property, please contact us for a free consultation.
430 & 422 N 5th Street Roscommon, MI 48653
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 14,392 sqft
Price per Sqft $90
Subdivision Mi
MLS Listing ID 1329273
Sold Date 10/31/23
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 (72005)
Zoning Commercial
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Garage Parking Lot
Roof Type Asphalt
Building
Foundation Crawl
Water Public Water
Structure Type Block,Frame,Log,Wood
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Other
Listing Terms Other
Financing Cash,Commercial Loan,Exchange/Trade,Purchase Money MTG
Read Less
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with COLDWELL BANKER SCHMIDT REALTORS-HL
GET MORE INFORMATION