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29929202
29946016

1857 W Higgins Lake Dr, Roscommon, MI 48653

DC
MI MI6506047900
Century 21 Northland Traverse City
Listed by Century 21 Northland Traverse City
$725,000
121 days on market
Updated 37 days ago

Country Corners Pizza and 200 Market Cafe

Details
APN 004-032-005-0300
Property Type Business for Sale, Hospitality (+1)
Sub Type Business and Building, Restaurant (+1)
Square Footage 2,428
Net Rentable (SqFt) 2,428
Units 2
Cap Rate 6.70%
NOI $7
Price per SqFt $299
Class B
Year Built 1999,2022
Year Renovated 2022
Buildings 2
Stories 1
Acreage 0.460
Zoning C-1
Investment Type Owner/User
Ground Lease No
Ownership Private

Multiple -revenue streams located within the premier Higgins Lake tourist corridor.

Marketing description

Here’s your chance to own a business with multiple-revenue streams on 0.46 acres within the premier Higgins Lake tourist corridor. The first structure, Country Corners Pizza, was established in 1995 and encompasses 1,024 square feet of functional space. The second building houses the 200 Market Cafe, opened in 2023. This modern coffee shop and market occupies 1,404 square feet of newly built space, providing espresso beverages, breakfast sandwiches, and bakery items alongside the proprietary Higgins Lake Coffee Company brand. The market serves as a hub for food staples and vacation essentials, including apparel and locally crafted jewelry. Guests may enjoy meals inside cozy dining spaces or the shared outdoor seating area. The site value is enhanced by its proximity to Higgins Lake, a spring-fed wonder once recognized by National Geographic. Famous for crystal-clear waters where visibility often extends 30 feet, the lake provides opportunities for diving, angling, and boating. Nearby state parks and sandy shorelines drive a steady stream of tourism. While the businesses enjoy a loyal following and a capitalization rate of 6.8%, there is significant potential for revenue growth through strategic expansion. This provides a versatile foundation for an entrepreneur looking to build upon an established community staple. This offering includes the real estate, 3 business operations, and nearly all furniture, fixtures, and equipment necessary for immediate operation. Inventory for the pizzeria, cafe, and coffee company will be sold on a separate bill of sale and is not included in the listing price. Combined, the footprint of both buildings provides 2,428 square feet. The 2025 daily traffic count shows 994 vehicles passing this location. Zoning information is available at the Gerrish Township website: www.gerrishtownship.org. Financial disclosures and showings may be subject to buyer's ability to provide proof of funds/pre-approval and signed NDA(s). Listing data including but not limited to, year built, measurements, square footage, acreage, & supplemental documents have been obtained via third-party sources and/or the seller. Information accuracy is deemed reliable but is not guaranteed. The purchaser and/or their designated agent should make independent verification before closing.

Investment highlights

  • Multiple-revenue streams
  • 2,428 square feet
  • 0.46 acres
  • Includes the real estate and 3 business operations
  • Daily traffic count of 994

Listing Contacts

DC
MI MI6506047900
Century 21 Northland Traverse City
Listed by Century 21 Northland Traverse City

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$6.80
$0.57/mo

Valuation Metrics

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Cap Rate
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ROI

Map

Zoning

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C1 CommercialGeneral CommercialLocal Commercial
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Last updated May 7, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Deirdre Carroll
License
MI6506047900
Brokerage Phone
231-929-7900
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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