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4472 M-75
Walloon Lake, MI 49796

$1,299,000 USD

Bar For Sale  •  11,518 SF

Property Details

  • Property Type Bar
  • Total Building Size 11,518 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 1967
  • Tenancy Single
  • Zoning Commercial
20 Walk Score

Description

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.

Highlights

Situated in a thriving resort corridor with strong tourism and year-round demand.
On-site residential options include a single-family home and a one-bedroom apartment for flexibility and income.
Multi-revenue model featuring a restaurant, roller rink, and event space for weddings and entertainment.
Includes Class C liquor license, SDM license, and additional bar permit for event operations.
Prime location at the intersection of US-131 and M-75 with high visibility and traffic exposure.
Fully renovated in 2023, delivering a modern, turnkey hospitality and entertainment venue.

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Tom Rumble 616-250-6751 eXp Realty
Tom Rumble 616-250-6751 eXp Realty