3556 Higgins Lake Blvd, Roscommon, MI 48653
This exceptional opportunity presents the chance to acquire a well-established restaurant situated in the heart of Higgins Lake and Houghton Lake, Michigan. The property, located at 3556 E HIGGINS LAKE, Roscommon, MI, boasts a charming atmosphere and a loyal customer base cultivated over 60 years of operation. The restaurant comfortably seats 40 guests and features a compact, highly functional kitchen, ideal for efficient food preparation. Known for its delicious homemade meals and pies, this business benefits from a strong reputation within the community. Its strategic location near approximately 1,000 state park campsites and numerous cottages ensures a consistent flow of tourists and local clientele throughout the year. The sale includes all necessary equipment for immediate operation, with the exception of one table. The 1.39-acre lot provides ample space for potential expansion or outdoor seating. This turnkey operation is perfect for an experienced restaurateur or a first-time business owner seeking a well-established, profitable venture. The motivated seller is ready for retirement, making this a truly unique and compelling investment opportunity. The asking price for this thriving business is $205,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.