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Waterfront Restaurant and Bar
For Sale
$499,900

113 S Main St, Lake City, MI 49651

Fully equipped dining property with commercial kitchen, furnishings, and seasonal outdoor service areas.

Property Size2,461 SF
Price / SF$203.13
Days on Market32

Property Features for 113 S Main St

General Information

Standard status Active
Size 2,461 SF
Property subtype Commercial

Restaurant

Patio Yes
Equipment Included Yes

Additional Details

Furnished Yes
Business Included Yes

Amenities

lake views

Building Details

Year Built 1998
Listing Agency: REMAX Bayshore - Union St TC
Listed By: Chase Ingersoll
Source: Metrodetroithomeguide
Added: Jul 28 Changed: Aug 27 Last Checked: Aug 27 at 11:32PM

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 restaurant and bar property includes commercial kitchen equipment, fixtures, and furnishings, providing an existing physical setup for continued food-and-beverage operations. The interior features a bar and dining area, while an outdoor patio and bar extend the customer area for seasonal use. The property was built in 1998 and occupies three city lots.

Located at 113 S Main St, the property overlooks Lake Missaukee, an 1,880-acre all-sports lake. Shopping, parks, events, and public lake access are described as steps away, placing the restaurant within a downtown setting connected to year-round lake activity. The sale includes the restaurant improvements and operating furnishings, allowing a future owner to continue the current concept or introduce a different one.

Key Highlights

  • Restaurant and bar on three city lots
  • Commercial kitchen equipment, fixtures, and furnishings included
  • Outdoor patio and bar for seasonal dining

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 dining property with commercial kitchen, furnishings, and seasonal outdoor service areas.
Where is this conventional restaurant located?
The property is located at 113 S Main St 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: Restaurant and bar on three city lots; Commercial kitchen equipment, fixtures, and furnishings included; Outdoor patio and bar for seasonal dining
More about this property
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