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Waterfront Restaurant With Patio
For Sale
$499,900

113 S Main Street, Lake City, MI 49651

Restaurant and bar includes commercial kitchen equipment, fixtures, furnishings, and an outdoor service area.

Property Size2,461 SF
Price / SF$203.13
Days on Market11

Property Features for 113 S Main Street

General Information

Standard status Active
Size 2,461 SF
Property subtype Business Opportunities

Restaurant

Patio Yes
Equipment Included Yes

Additional Details

Furnished Yes
Business Included Yes

Amenities

3
Metal
7510550100

Building Details

Year Built 1998
Listing Agency: REMAX Bayshore - Union St TC
Listed By: Chase Ingersoll
Source: Xome
Added: Jul 25 Changed: Aug 2 Last Checked: Aug 4 at 3:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX Bayshore - Union St TC

Investment Insights

Based on property information with market context.

This established restaurant and bar occupies 2,461 square feet and was built in 1998. The sale includes commercial kitchen equipment, fixtures, and furnishings, along with an interior bar and dining area. An outdoor patio and bar extend the customer area for seasonal dining and gatherings.

The property encompasses three city lots at 113 S Main Street in Lake City, Michigan, with views of Lake Missaukee. The 1,880-acre all-sports lake draws residents and visitors throughout the year. Shopping, parks, community events, and public lake access are located steps from the property, placing the restaurant within an active downtown waterfront setting.

Key Highlights

  • 2,461‑square‑foot restaurant and bar built in 1998
  • Sale includes commercial kitchen equipment, fixtures, and furnishings
  • Outdoor patio and bar provide additional seasonal service space

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 - Restaurant and bar includes commercial kitchen equipment, fixtures, furnishings, and an outdoor service area.
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 built in 1998; Sale includes commercial kitchen equipment, fixtures, and furnishings; Outdoor patio and bar provide additional seasonal service space
More about this property
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