For Sale
$625,000

6516 Old 27 Frederic, MI 49733

Iconic Restaurant, 2 Rental Units, Resort License

Overview

Added:
Feb 3
Days on market:
78
This exceptional opportunity presents the chance to acquire the renowned Frederic Inn, a well-established bar and restaurant celebrated for its acclaimed burritos. Situated in Northern Michigan's prime recreational area, this business boasts a long and successful history under the current ownership of over 40 years. The sale includes a highly valuable and rare resort license, along with an outdoor license, significantly enhancing its operational potential. Adding to the investment appeal are two spacious rental units, each with a separate entrance: a two-bedroom, one-bathroom unit and a one-bedroom, one-bathroom unit, providing additional income streams. All equipment and fixtures are included in the sale (inventory sold separately). Recent upgrades include a brand-new cooler system installed this year, ensuring optimal operational efficiency. Furthermore, the business is equipped with a 20,000-watt Generac generator, providing uninterrupted operation even during power outages. The 2,000 square foot building is located at 6516 N Old 27, Frederic, MI and is priced at $625,000. This is a truly unique opportunity to own a profitable and iconic Northern Michigan establishment. Showings are by appointment only.

Property Details for 6516 Old 27

Property type
Commercial real estate
Square Feet
2,000 SF

Location Insight

City
Frederic
County
Crawford
State
Michigan
Latitude
44.77875
Longitude
-84.75401

FAQs

What type of property is this?
Commercial real estate - Iconic Restaurant, 2 Rental Units, Resort License
Where is the commercial real estate located?
The property is located at 6516 Old 27 Frederic, MI.
What is the asking price?
The asking price for this property is $625,000.
How can I contact the broker?
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6516 Old 27
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