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Restaurant with Lake Views and Patio
For Sale
$499,900

113 S Main Street, Lake City, MI 49651

Commercial, Lake City, MI

Property Size2,461 SF
Lot Size0.30 Acres
Price / SF$203.13
Days on Market40

Property Features for 113 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking features Parking Lot
Exterior features Block
Directions East side of Main Street in Downtown Lake City, across from the City Park.
Subdivision Missaukee
Standard status Active
Size 2,461 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Description N 1/2 OF LOT 4 & W 5 FT OF N 1/2 OF LOT 13 BLK 5. ORIG PLAT CITY OF LAKE CITY. LOT 3 EXC N 1 FT OF W 80 FT THOF. BLK 5. ORIG PLAT CITY OF LAKE CITY. LOT 14. BLK 5. ORIG PLAT CITY OF LAKE CITY.
Legal Description N 1/2 OF LOT 4 & W 5 FT OF N 1/2 OF LOT 13 BLK 5. ORIG PLAT CITY OF LAKE CITY. LOT 3 EXC N 1 FT OF W 80 FT THOF. BLK 5. ORIG PLAT CITY OF LAKE CITY. LOT 14. BLK 5. ORIG PLAT CITY OF LAKE CITY.

Building Details

Building materials Frame
Roof type Metal
Listing Agency: REMAX Bayshore - Union St TC · RE/MAX International
Listed By: Chase Ingersoll
Added: Jul 27 Changed: Aug 19 Last Checked: Sep 4 at 12:06AM
MLS# 1948689

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,461-square-foot restaurant property includes a bar, dining area, commercial kitchen equipment, fixtures, furnishings, and two bathrooms. An outdoor patio and bar extend the usable dining and entertaining areas, while a parking lot supports customer access. The building features block and frame construction with a metal roof.

The property occupies three city lots at 113 S Main Street in Lake City, Michigan, near shopping, parks, events, and public lake access. Views extend toward Lake Missaukee, an 1,880-acre all-sports lake. The restaurant and bar are offered with the physical furnishings and equipment in place, providing a defined hospitality setting for continued restaurant use or a new concept.

Key Highlights

  • 2,461‑square‑foot restaurant and bar property
  • Sale includes commercial kitchen equipment, fixtures, and furnishings
  • Outdoor patio and bar for seasonal dining and entertaining

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Storage Facility Pharmacy Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49651, MI

7,881
Population
4,968
Households
1.6
Avg Household Size
46
Median Age
19%
College-Educated
92%
High-School Grad
235.5 sq mi
ZIP Area
33
Density / Sq Mi
$61,524
Median Household Income
$35,896
Median Earnings
$879
Median Rent
$165,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped restaurant and bar with a commercial kitchen, outdoor patio, furnishings, and lake-oriented dining.
Where is this conventional restaurant located?
The property is located at 113 S Main Street Lake City, MI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2,461‑square‑foot restaurant and bar property; Sale includes commercial kitchen equipment, fixtures, and furnishings; Outdoor patio and bar for seasonal dining and entertaining
More about this property
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