4472 M-75 Highway, Walloon Lake, MI

$1,299,000

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3

Beds

6

Baths

11,518

Square feet

About 4472 M-75 Highway

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.

Features of 4472 M-75 Highway

MLS® # 478905
Price $1,299,000
Bedrooms 3
Bathrooms 6.00
Full Baths 2
Half Baths 4
Square Footage 11,518
Type COMMERCIAL/INDUSTRIAL
Sub-Type Commercial/Industrial
Status Active

Community Information

Address 4472 M-75 Highway
City Walloon Lake
County Charlevoix
State MI
Zip Code 49769

Amenities

Utilities TV Cable Available, Electricity
Features Cable TV, Paved Roads
Is Waterfront No

Interior

Heating Natural Gas, Forced Air, Wood
Stories Two
Has Basement Yes
Basement Full

Exterior

Roof Asphalt Shingle, Rolled
Construction Wood Frame

School Information

District Boyne City

Additional Information

Zoning B-1
Foreclosure No
Short Sale No

Listing Details

Office@properties Christie’s International Real Estate - Harbor Springs
Contact Info231-373-4080

Listing Map

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