Restaurant and Bar with
For Sale
$525,000
6516 Old 27 N, Frederic, MI 49733
Fully equipped kitchen, licensed bar, recent improvements, and two upstairs apartments with a separate entrance.
Property Size5,167 SF
Price / SF$101.61
Days on Market235
Property Features for 6516 Old 27 N
General Information
Standard status
Active
Size
5,167 SF
Property subtype
Business Opportunity
Restaurant
Equipment Included
Yes
Liquor License
Yes
Additional Details
Business Included
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$3,886
Listing Agency:
Traverse Real Estate
(231) 590-5091
Listed By:
Laura Grezner · License #6502367206
(231) 590-5091
Source:
Exprealty
Added: Jan 8
Changed: Aug 30
Last Checked: Aug 30 at 7:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Traverse Real Estate
Investment Insights
Based on property information with market context.
This restaurant and bar at 6516 Old 27 N includes a fully equipped kitchen, dining and bar operations, office space, basement storage, and a garage. The property also contains two upstairs apartments, each accessed through a separate entryway. Recent improvements include a newer roof, walk-in cooler, bar coolers, boiler furnace, and updated floor coverings.
The operation includes both a resort liquor license and an outdoor liquor license. A 20k Generac generator provides backup power for the property. Frederic’s location places the business minutes from the Ausable River, state land, trail #7, and I-75, with a gas station directly next door. The property has served as a family-owned restaurant for 44 years.
The operation includes both a resort liquor license and an outdoor liquor license. A 20k Generac generator provides backup power for the property. Frederic’s location places the business minutes from the Ausable River, state land, trail #7, and I-75, with a gas station directly next door. The property has served as a family-owned restaurant for 44 years.
Key Highlights
- 44‑year family‑owned restaurant and bar operation
- Two upstairs apartments with separate entryway
- Fully equipped kitchen with walk‑in cooler and bar coolers
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49733, MI
1,722
Population
1,510
Households
1.1
Avg Household Size
52
Median Age
15%
College-Educated
92%
High-School Grad
107.6 sq mi
ZIP Area
16
Density / Sq Mi
$65,471
Median Household Income
$37,583
Median Earnings
$791
Median Rent
$148,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully equipped kitchen, licensed bar, recent improvements, and two upstairs apartments with a separate entrance.
Where is this conventional restaurant located?
The property is located at 6516 Old 27 N Frederic, MI.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 44‑year family‑owned restaurant and bar operation; Two upstairs apartments with separate entryway; Fully equipped kitchen with walk‑in cooler and bar coolers
