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    Lake City, MI
    Bar & Pub

    Lake City, MI Bars & Pubs for Sale

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    Waterfront Restaurant and Bar
    Updated: Jul 27
    Waterfront Restaurant and Bar

    113 S Main Street, Lake City, MI 49651

    $499,900
    2,461 sqft 0.30 AC lot
    2,461‑square‑foot restaurant and bar property
    Sale includes fixtures, furnishings, and restaurant equipment
    Outdoor patio and bar for seasonal dining and entertaining
    Located on three city lots at 113 S Main Street
    Near public access to 1,880‑acre Lake Missaukee
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    Downtown Bar With Lake Views
    Updated: Apr 6
    Downtown Bar With Lake Views

    117 S Main Street, Lake City, MI 49651

    $475,000
    2,300 sqft 0.05 AC lot
    Approximately 2,300 square feet of interior bar space
    Approximately 2,300 square feet of patio space
    Downtown Lake City location at 117 S Main Street
    Views overlooking Lake Missaukee
    Brick exterior and construction
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    Waterfront Restaurant and Bar
    Waterfront Restaurant and Bar

    Lake City, MI 49651

    $499,900
    2,461 sqft

    Fully equipped dining property with commercial kitchen, furnishings, and seasonal outdoor service areas.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Lake City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Restaurant and Lounge
    Waterfront Restaurant and Lounge

    4168 W Houghton Lake Drive, Houghton Lake, MI 48629

    $1,800,000
    8,420 sqft 0.95 AC lot

    Restaurant and entertainment property with multiple bars, lakefront seating, a commercial kitchen, dock, and sandy beach.

    View details
    Waterfront Restaurant and Lounge
    Waterfront Restaurant and Lounge

    4168 W Houghton Lake Drive, Houghton Lake, MI 48629

    $1,800,000
    8,420 sqft

    Commercial restaurant property with multiple bar areas, event space, lakefront seating, and direct recreational amenities.

    View details
    Renovated Restaurant with Bar
    Renovated Restaurant with Bar

    119 S Mitchell Street, Cadillac, MI 49601

    $845,000
    9,300 sqft 0.12 AC lot

    Operating restaurant business with a renovated building, full kitchen, bar, and second-floor deck.

    View details
    Turn-Key Cafe & Cocktail Bar Business
    Turn-Key Cafe & Cocktail Bar Business

    115 N Mitchell St, Cadillac, MI 49601

    $199,000

    Turn-key roasted cafe, cocktail and coffee bar opportunity includes equipment, furnishings, fixtures, and DDA class C liquor license.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lakefront Conventional Restaurant
    Lakefront Conventional Restaurant

    2403 Sunnyside Drive, Cadillac, MI 49601

    $774,000
    5,136 sqft 3.00 AC lot

    Waterfront restaurant property with a seasonal deck, paved parking, and direct access to Lake Cadillac.

    View details
    Waterfront Restaurant Building
    Waterfront Restaurant Building

    2403 Sunnyside Drive, Cadillac, MI 49601

    $774,000
    5,136 sqft 3.00 AC lot

    Lakefront restaurant property with substantial interior space, paved parking, waterfront access, and a seasonal dining deck.

    View details

    Lake City, MI Bars & Pubs Market Trends and Statistics

    Explore 3 bars & pubs for sale in Lake City, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,222 square feet of properties for sale, with an estimated market value of $1,474,800.

    Sale prices for pubs in Lake City, MI start at $475,000, averaging $491,600, and reaching up to $499,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 6
    Bars & Pubs 3
    Commercial kitchens 1

    Demographics Overview

    Population 7,540
    Population Growth (5Y) -4.4%
    Median Household Income $61,524
    College Educated 26.1%

    High-Yield Neighborhoods for Investment

    Identify Lake City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49651 $487.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.24%
    Property Tax per SF $98.07 per SF
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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