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Downtown Bar With Lake Views
For Sale
$475,000

117 S Main Street, Lake City, MI 49651

Commercial, Lake City, MI

Property Size2,300 SF
Lot Size0.05 Acres
Price / SF$206.52
Days on Market148

Property Features for 117 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Parking Lot
Exterior features Brick
Directions Located downtown Lake City. Centrally located between State Farm Insurance and Huntington bank.
Subdivision Missaukee
Standard status Active
Size 2,300 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Description N 1/2 OF LOT 5 BLK 5 ORIG PLAT CITY OF LAKE CITY.
Legal Description N 1/2 OF LOT 5 BLK 5 ORIG PLAT CITY OF LAKE CITY.

Amenities

stunning view
patio space

Building Details

Building materials Brick
Listing Agency: Five Star Real Estate (Lake City)
Listed By: Justin Lewis · License #6501434224
Added: Apr 6 Changed: Aug 19 Last Checked: Aug 31 at 5:06AM
MLS# 1930405

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.

The Town Pump Saloon is a bar property at 117 S Main Street in Lake City, Michigan. The interior encompasses approximately 2,300 square feet and includes a bathroom, while a separate patio area provides approximately 2,300 square feet of outdoor space. Brick construction and a parking lot are also part of the property.

Positioned in the downtown area, the property overlooks Lake Missaukee and offers an established setting for bar operations, gatherings, or events. The sale includes the real estate associated with the saloon at the listed Lake City address.

Key Highlights

  • 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

Property Analytics

Current Use

Bars & Pubs

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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Similar Off Market Nearby

  • Town Pump Saloon 117 Main St, Lake City, MI 49651
  • Hammer's Pub and Grub 118 Main St, Lake City, MI 49651
  • Bowright Whiskey Company 103 Main St, Lake City, MI 49651

Frequently Asked Questions

What type of property is this?
Bar & Pub - Brick-built bar with a dedicated outdoor patio and on-site parking lot.
Where is this bar & pub located?
The property is located at 117 S Main Street Lake City, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 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
More about this property
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