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4472 M-75 11,518 SF Retail Building Walloon Lake, MI 49796 $1,802,765 CAD ($156.52 CAD/SF)
Investment Highlights
- Situated in a thriving resort corridor with strong tourism and year-round demand.
- Multi-revenue model featuring a restaurant, roller rink, and event space for weddings and entertainment.
- Prime location at the intersection of US-131 and M-75 with high visibility and traffic exposure.
- On-site residential options include a single-family home and a one-bedroom apartment for flexibility and income.
- Includes Class C liquor license, SDM license, and additional bar permit for event operations.
- Fully renovated in 2023, delivering a modern, turnkey hospitality and entertainment venue.
Executive Summary
The property features a modernized restaurant complemented by a versatile roller rink and event space, currently hosting weddings, private events, and live entertainment. A full Class C liquor license and Specially Designated Merchant (SDM) license are included, enabling on-site and carry-out alcohol sales. Additional amenities include a secondary bar permit for the event venue, enhancing operational flexibility.
Residential components add further value, with a single-family home suitable for an owner-operator or staff housing, plus a one-bedroom apartment above the venue for additional income potential. This asset combines hospitality, entertainment, and residential elements in a market known for tourism, affluence, and year-round activity, offering investors a rare opportunity to acquire a lifestyle business with strong upside potential.
Property Facts
Amenities
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
About 4472 M-75 , WALLOON LAKE, MI 49796
Introducing the reimagined Junction Bar & Grill—an iconic Walloon Lake establishment, completely transformed through a comprehensive 2023 renovation, offering a rare, turnkey hospitality asset in one of Northern Michigan’s most desirable resort corridors. Positioned prominently at the intersection of US-131 and M-75, this high-visibility property delivers a dynamic, multi-revenue business model. The beautifully updated restaurant is complemented by a highly versatile roller rink and event venue—currently generating steady cash flow through public use, private celebrations, weddings, and live entertainment. An additional bar permit enhances the experience, allowing for alcohol service within the event space. The offering includes a full Class C liquor license and Specially Designated Merchant (SDM) license, permitting carry-out sales—further elevating revenue potential. Residential components include a single-family home ideal for an owner-operator or executive housing, along with a one-bedroom apartment above the venue, creating additional flexibility and income opportunity. This is more than a business—it’s a lifestyle investment with scale, versatility, and significant upside in a market defined by tourism, affluence, and year-round appeal.
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4472 M-75
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