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115 East State Street Fife Lake, MI 49633

For Sale
$350,000

Established Restaurant, Great Potential, Prime Location

Property size:
1,136 SF

Description

Added:
Jan 8, 2025
Days on Market:
340
This thriving restaurant, located at 115 East State Street in the historic village of Fife Lake, Michigan (49633), presents a unique business opportunity. The 1,136 square foot building has served the community for decades, building a loyal customer base with its popular breakfast menu and baked goods. The friendly atmosphere and reputation for quality food have established it as a local favorite. This turnkey operation includes all equipment, inventory, and much of the vintage décor, allowing for immediate operation. Current income is substantial, but significant growth potential exists by expanding hours to include lunch and dinner service. Two existing pizza ovens offer an immediate avenue for menu expansion and increased revenue. The sale includes the real estate, building, equipment, inventory, and most of the vintage décor. This is an exceptional opportunity to acquire a well-established business in a desirable Northern Michigan location. The business is ready for a new owner to take the reins and build upon its existing success. This is a rare chance to own a piece of Fife Lake's history and culinary scene.

Property Features for 115 East State Street

General Information

Property type
Restaurants
Square Feet
1,136 SF
Price / Square Foot
$308
Elevators
N/A

HighLights

  • Established Fife Lake restaurant with decades‑long community presence.
  • Turn‑key operation includes building, equipment, inventory, and decor.
  • Significant revenue growth potential by adding lunch and dinner service.
Insight Report Location Intelligence

Current Use by Public Records

Loon's Nest Restaurant

Suggested Use

Restaurant Building Supply Auto Repair Shop Hair Salon Clothing Store Auto Parts Store Hotel & Motel Food Market Storage Facility Grocery Store

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

Location Insight

  • Map
  • Local Demand
City
Fife Lake
State
Michigan
Longitude
-85.34922
Latitude
44.576742

FAQs

What type of property is this?
Restaurant - Established Restaurant, Great Potential, Prime Location
Where is this restaurant located?
The property is located at 115 East State Street Fife Lake, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Established Fife Lake restaurant with decades-long community presence.; Turn-key operation includes building, equipment, inventory, and decor.; Significant revenue growth potential by adding lunch and dinner service.
More about this property
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