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    117 S Main St Lake City, MI 49651

    For Sale
    $495,000

    Bar - Lake City, MI

    Property size:
    2,300 SF
    Lot size:
    0.05 Acres
    Days on Market:
    67
    Last Refresh:
    Dec 14 at 3:06 pm

    Property Features for 117 S Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Bathroom 1
    Bathrooms
    1
    Size
    2,300 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1900
    Building materials
    Brick
    Roof type
    Other
    Architectural style
    Other

    Five Star Real Estate (616) 791-1500 [email protected]

    Listing agent Justin Lewis (231) 920-7579

    Listing date Oct 9, 2025

    MLS# 1930405 Listing URL

    Copyright © 2025 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.

    Overview

    Historic Bar with Lake View

    The Town Pump Saloon, a historic bar located in Lake City, is available for purchase. This establishment has been a long-standing business in the area. The property is situated in a downtown location and overlooks Lake Missaukee. The bar has approximately 2,300 square feet of space, with an additional 2,300 square feet of patio space suitable for events. The Town Pump Saloon has been owned and operated by the same family for decades. The property is located at 117 S Main Street, Lake City, MI 49651, in Missaukee County. The lot size is 0.05 acres. The property is zoned commercial and is intended for use as a bar or restaurant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Town Pump Saloon, Hammer's Pub and Grub, Bowright Whiskey Company

    Location Insight

    • Map
    • Local Demand
    City
    Lake City
    County
    Missaukee
    State
    Michigan
    Longitude
    -85.214409
    Latitude
    44.33363

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    FAQs

    What type of property is this?
    Bar - Historic bar in Lake City with stunning lake views.
    Where is this bar located?
    The property is located at 117 S Main St Lake City, MI.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Prime downtown location with STUNNING VIEWS of Lake Missaukee.; - Established, historic business with a long-standing reputation.; - Large bar area of approximately 2,300 sq ft.
    (231) 920-7579
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 S Main St Lake City, MI 49651
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