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    12397 M-66 Fife Lake, MI 49633

    For Sale
    $849,000

    Restaurant/Food Service - Fife Lake, MI

    Property size:
    6,500 SF
    Lot size:
    5.00 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 12397 M-66

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Size
    6,500 SF
    Lot size
    5.00 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1950
    Building materials
    Log
    Roof type
    Asphalt, Membrane, Metal
    Architectural style
    Other

    EXIT Realty Paramount (231) 946-4404 [email protected]

    Listing agent Marty Stevenson (231) 946-4404

    Listing date Sep 15, 2025

    MLS# 1935818 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Restaurant with Living Quarters

    Discover the historic TaffelTown Lodge, thoughtfully restored with attention to details reflecting the property's history while preparing for a current-day operation. The expansive 6,500 square foot interior includes an upper dining area, lower dining area, a small bar, and a lounge area, in addition to the kitchen equipment in the back. A 3-bedroom, 1-bathroom house adjoins the restaurant, and a work-in-progress apartment is upstairs above a portion of the restaurant. Step outside onto the large patio area, where the surroundings feel like a nature retreat. Natural beauty prevails over the 5 acres being split off for this sale. The property is zoned commercial and located in Fife Lake, MI.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Map

    City
    Fife Lake
    County
    Kalkaska
    State
    Michigan
    Longitude
    -85.173752
    Latitude
    44.534992

    Nearby Similar for Sale

    • $350,000
      1,136 SF

      Fife Lake Restaurant - Turnkey Business

      Established Restaurant, Great Potential, Prime Location
      115 East State Street, Fife Lake, MI 49633
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restored restaurant with dining, bar, patio, house, and apartment.
    Where is this restaurant located?
    The property is located at 12397 M-66 Fife Lake, MI.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: - Expansive interior with multiple dining areas, bar, and lounge.; - Adjoining 3BR/1BA house included.; - Large patio area offering a nature retreat atmosphere.
    (231) 946-4404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12397 M-66 Fife Lake, MI 49633
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