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6516 Old 27 N 2,000 SF Retail Building Frederic, MI 49733 $625,000 ($312.50/SF)

EXECUTIVE SUMMARY
Successful family-owned restaurant & bar for 44 years. Famous for having the best wet burritos around! A perfect blend of nostalgic charm with modern day amenities. A place where pride of ownership shows throughout and offers an exceptionally clean, fully equipped kitchen. Some recent improvements include a newer roof, walk-in cooler, bar coolers, boiler furnace, and floor coverings. Comes with both a resort and outdoor liquor license, along with a 20k Generac generator to ensure for uninterrupted service. Additional income opportunities with two apartments upstairs, featuring a separate entryway. The basement and garage provide for an ample amount of storage space, and the office allows for a place to work and keep things running smoothly. Ideally located! This is an area popular for year-round outdoor recreation. Just minutes away from the Ausable River, state land, trail #7, and I-75, with the added convenience of a gas station directly next door. With true Up-North appeal, this is an excellent opportunity to take over a place that has brought people together for generations.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
2,000 SF
Building Class
C
Year Built
1965
Price
$625,000
Price Per SF
$312.50
Tenancy
Single
Building Height
2 Stories
Building FAR
0.13
Lot Size
0.36 AC
Zoning
C-1 - C-1, R-2, R-1
Frontage
150’ on Old 27 N
PROPERTY TAXES
| Parcel Number | 032-120-000-020-00 | Improvements Assessment | $72,400 |
| Land Assessment | $7,800 | Total Assessment | $80,200 |
PROPERTY TAXES
Parcel Number
032-120-000-020-00
Land Assessment
$7,800
Improvements Assessment
$72,400
Total Assessment
$80,200
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6516 Old 27 N
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