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Off Market
1/50

430 N 5th St
Roscommon, MI 48653


HIGHLIGHTS

  • Well established and exceptionally well known. Strong financials available with signed NDA.

OVERVIEW

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 square 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 completely 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.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Fred's of Roscommon

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bowling Alley

ADD'L SUBTYPES

Bar, Bowling Alley

TOTAL BUILDING SIZE

14392

STORIES

1

YEAR BUILT

1980

SPRINKLERS

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PARKING SPACES

68

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

005-106-003-0500,005-106-003-0525,055-106-014-0080,055-106-014-0100