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    6516 N Old 27 Frederic, MI 49733

    Sponsored
    For Sale
    $625,000

    Restaurant/Food Service,Other,Bar - Frederic, MI

    Property size:
    5,167 SF
    Lot size:
    0.40 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 9 at 10:06 am

    Property Features for 6516 N Old 27

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
    Bathrooms
    4
    Parking
    15
    Basement Y/N
    1
    Size
    5,167 SF
    Lot size
    0.40 Acres

    Utilities

    Heating system
    Forced Air, Hot Water (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Roof type
    Asphalt
    Architectural style
    Other

    Traverse Real Estate (231) 590-5091 [email protected]

    Listing agent Laura Grezner (231) 590-5091

    Listing date Jan 8, 2026

    MLS# 1941526 Listing URL

    Copyright © 2026 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

    Established Restaurant & Bar Opportunity

    This is a successful family-owned restaurant and bar that has been in operation for 44 years. The property features a blend of nostalgic charm and modern amenities. The exceptionally clean and fully equipped kitchen is ready for immediate use. Recent improvements include a newer roof, walk-in cooler, bar coolers, boiler furnace, and floor coverings. The sale includes both a resort and outdoor liquor license, along with a 20k Generac generator. Additional income opportunities are available with two apartments upstairs, which feature a separate entryway. The basement and garage provide ample storage space, and an office is included. The property is located in an area popular for year-round outdoor recreation, just minutes away from the Ausable River, state land, trail #7, and I-75, with a gas station conveniently located next door. The building size is 5167 square feet and the lot size is 0.4 acres. The property is zoned commercial and is located in Frederic, MI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Frederic Inn American Restaurant

    Suggested Use

    Auto Repair Shop Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frederic
    County
    Crawford
    State
    Michigan
    Longitude
    -84.75401
    Latitude
    44.778748

    Nearby Similar for Sale

    • $450,000
      9,125 SF

      Frederic Commercial Opportunity on Old 27

      Commercial property on Old 27 with multiple buildings and utilities.
      4848 N Old 27, Frederic, MI 49733
      View Details
    • $625,000
      2,000 SF

      Frederic Inn: Turnkey Business Opportunity

      Iconic Restaurant, 2 Rental Units, Resort License
      6516 Old 27, Frederic, MI 49733
      View Details

    FAQs

    What type of property is this?
    Bar - Successful restaurant and bar with additional income potential in Frederic, MI.
    Where is this bar located?
    The property is located at 6516 N Old 27 Frederic, MI.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Successful, established restaurant & bar with 44 years of operation and a strong reputation.; - Includes both resort and outdoor liquor licenses.; - Two income-generating apartments with separate entryway.
    (231) 590-5091
    Request Owner's contact information
    6516 N Old 27 Frederic, MI 49733
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    Frederic, MI 49733
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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
    6516 N Old 27 Frederic, MI 49733
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