Springbrook Inn & Frog Tiki Bar

Hospitality for Sale
Catylist Listing ID: 30712638
Property Subtypes: Bed & Breakfast, Hotel, Inn, Other
Number of Units: 7 Units
Building Size (RSF): 7,500 SF
Gross Building Area: See Agent
Gross Land Area: 4.20 Acres
Sale Price: $999,000
Unit Price: $142,714.29 Per Unit
Property Use Type: Business
Building Name: Springbrook Inn & Frog Tiki Bar
Name of Establishment: Springbrook Inn and Frog Tiki Bar
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/13/2021

Overview / Comments

Springbrook Inn. Fine Dining Restaurant & Frog Tiki Bar. The Inn offers 7 luxury rooms with king size beds, fireplaces, hot tubs and an amazing atmosphere. There is also an on premise casual, fine dining restaurant and an outdoor all-year-round tiki bar, which is a gathering place for local professionals and adults. The Inn and Tiki Bar rest on 5 beautiful, wooded acres of pines and offers lovely perennial gardens, a beautiful koi fish pond with a waterfall and gazebo. The ultimate luxury Inn is located near Houghton Lake, Michigan’s largest inland lake, Higgins Lake and Lake St. Helen. A very popular location for a weekend, for the travelers looking for a special place to make memories, a wonderful location for a wonderful evening meal or a night on the town at the famous Frog Tiki Bar. Strong financials available.

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Additional Details

Nearest MSA: Cadillac
County: Roscommon
Tax ID/APN: 003-013-002-0630
Retail Clientele: General, Business, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Highway M-55
Highway Access: 5 miles west of I75
Site Description: Beautifully landscaped and surrounded by mature trees and forest.
Area Description: Four season resort community.
Nearby Attractions: Houghton Lake, Michigan's Largest Inland Lake, Higgins Lake, Lake St. Helen and Lake James.
Total Number of Buildings: 4
Property Condition: Excellent
Year Built: 1985
Year Renovated: 2020
Construction/Siding: Wood Frame
Water Recreation: Hot Tub
Parking Type: Surface
Heat Type: Natural Gas
Interior Description: Beautifully decorated and perfectly maintained.
Zoning Description: Commercial
Water Service: Well
Sewer Type: Septic
Legal Description: Metes and Bounds

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 707 4,975 6,990
Median Age: 50.26 54.43 52.3
Households: 329 2,388 3,316
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