In-town Federic home with multiple live-work income opportunities. Take advantage of the multi-use zoning while living in an updated, spacious 5 bedroom home. The commercial side is currently being used as a bakery with over 1200 sq ft which can easily accommodate most business use needs, or convert it into even more living space. Retail space currently offers ample dining accommodations, kitchen, bar/counter, and attractive woodwork. Retail space ideal for bakery/coffee house, small bookstore, salon/barbershop, walk-in real estate office, therapist office, or the like. Current bedroom arrangement can sleep over sixteen for short-term rental, and the retail space could be converted into additional living space or even a separate, in-law residential unit. 3 car garage with 100 AMP service. House and retail area updated throughout including new roof (2020), air conditioning (2021), hook up for generators, new flooring, and new kitchen (2024). Wood boiler is negotiable. Walk to downtown Frederic restaurants and bars. Minutes from Au Sable's renown trout waters. Close to Lake Otsego and Manistee Lake along with miles of snowmobile trails. Bordering right up against the new Bell Iron Trail. Bank appraisal completed in June 2024 came in at $275,000.
10.34 acres. Zoned Farm/Forest - This area is exceptional for nature enthusiasts, hunting & sports aficionados. Situated next to thousands of acres of State and Federal Forest. The property offers convenient access to I-75 via well-maintained paved roads. It is a brief journey to Hartwick State Park, which boasts extensive paved biking and hiking trails, as well as opportunities for fishing, camping, and observing diverse wildlife. A short drive north leads to Gaylord, known as the gateway to the North, where one can enjoy renowned golfing, skiing, and some of Michigan's most stunning beaches. The property includes a 30 x 40 pole building equipped with electricity and heating, along with a three-bedroom, 2 bath, half-trailer home suitable for use as a hunting cabin or residence. Cash only
10K PRICE REDUCTION! MOTIVATED SELLER!! Will look at all reasonable offers. Cute and cozy cabin or home; maybe a short term rental would be perfect for snowmobilers. Top of the line brand new kitchen appliances, brand new washer and dryer AND a brand new furnace. Home has been completely renovated and the way down to the studs. There are three bedrooms and one full bath. Stacked washer/dryer and furnace is located in the large bath. Metal roof. Back deck faces a nice yard and trees. No shortcuts were taken on this reno! Easy to show!
Do you love riding horses? Make your appointment to see this amazing secluded VACATION RENTAL that is set up for bringing your horses & horseback ride in over 6000 acres of Grayling National Forest DIRECTLY across the street! Electric fence & run-in to keep your horses corralled too. This property features almost 23 acres with a roomy barn style home that has a newer metal roof, approx. 1500 sq ft, 2 bed/1 bath, big deck in the shade & nice patio to BBQ on outside the doorwall. Awesome high ceilings & open concept make it perfect for family & friends to gather. This can be an investment, as primary, 2nd home or hunting camp. ALSO small cabin on the 2nd parcel that would be a good rustic retreat.
The median home value in Frederic, MI is $196,250. This is higher than the county median home value of $145,100. The national median home value is $338,100. The average price of homes sold in Frederic, MI is $196,250. Approximately 37.75% of Frederic homes are owned, compared to 7.35% rented, while 54.9% are vacant. Frederic real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Frederic real estate agent to arrange a tour today!
Frederic, Michigan 49733 has a population of 1,011. Frederic 49733 is more family-centric than the surrounding county with 26.5% of the households containing married families with children. The county average for households married with children is 21.87%.
The median household income in Frederic, Michigan 49733 is $53,333. The median household income for the surrounding county is $54,240 compared to the national median of $69,021. The median age of people living in Frederic 49733 is 54.2 years.
The average high temperature in July is 77.2 degrees, with an average low temperature in January of 10 degrees. The average rainfall is approximately 34.6 inches per year, with 119.1 inches of snow per year.