Turn-Key Breakfast
For Sale
$325,000
115 E State Street, Fife Lake, MI 49633
COMMERCIAL - Fife Lake, MI
Property Size1,136 SF
Lot Size0.14 Acres
Price / SF$286.09
Days on Market96
Property Features for 115 E State Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Agricultural, Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Assigned
Exterior features
Vinyl, Brick
Directions
Drive to downtown Fife Lake and the Loon's Nest will be on the LEFT side of the street. Free parallel parking OR there is 2 parking spaces behind the restaurant.
Subdivision
Grand Traverse
Standard status
Active
Size
1,136 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
115 E STATE ST THE NWLY 32' OF THAT PART OF LOTS 1 & 2 BLK 11 LYING SELY OF A LINE COM AT SE COR BLK 11 TH NWLY ALG S LINE BLK 11 86.5' TH NELY AT R ANGLE TO N LINE BLK 11 VILL OF NO FIFE LAKE
Legal Description
115 E STATE ST THE NWLY 32' OF THAT PART OF LOTS 1 & 2 BLK 11 LYING SELY OF A LINE COM AT SE COR BLK 11 TH NWLY ALG S LINE BLK 11 86.5' TH NELY AT R ANGLE TO N LINE BLK 11 VILL OF NO FIFE LAKE
Utilities
Water source
Private
Building Details
Building materials
Timber Frame, Frame
Roof type
Asphalt
Listing Agency:
MI Properties North Real Estate Group
(231) 263-8049
Listed By:
Stacy Allman · License #6501378259
(231) 944-5296
Added: May 8
Changed: Aug 4
Last Checked: Aug 11 at 10:06AM
MLS# 1944841
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.
This long-established breakfast restaurant is offered turn-key and ready to operate. The sale includes the real estate, buildings, equipment, inventory, and most vintage decor. The business has served breakfast dishes and baked goods for decades and is positioned as a long-time local staple in the village of Fife Lake.
Additional capacity is supported by two existing pizza ovens, and the seller indicates there is room to expand beyond breakfast operations by adding lunch and dinner.
The property includes a compact restaurant footprint on a small parcel, providing a straightforward setup for a working foodservice concept built around breakfast service and baked goods, with pizza oven equipment already in place.
Additional capacity is supported by two existing pizza ovens, and the seller indicates there is room to expand beyond breakfast operations by adding lunch and dinner.
The property includes a compact restaurant footprint on a small parcel, providing a straightforward setup for a working foodservice concept built around breakfast service and baked goods, with pizza oven equipment already in place.
Key Highlights
- Long‑established restaurant business in the historic village of Fife Lake
- Includes two existing pizza ovens
- Business includes real estate, buildings, equipment, inventory, and most vintage decor
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49633, MI
4,026
Population
2,724
Households
1.5
Avg Household Size
45
Median Age
22%
College-Educated
92%
High-School Grad
168.1 sq mi
ZIP Area
24
Density / Sq Mi
$69,567
Median Household Income
$42,171
Median Earnings
$1,110
Median Rent
$174,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Breakfast & diner - Long-established breakfast restaurant offered turn-key, including buildings, equipment, inventory, and two pizza ovens.
Where is this breakfast & diner located?
The property is located at 115 E State Street Fife Lake, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Long‑established restaurant business in the historic village of Fife Lake; Includes two existing pizza ovens; Business includes real estate, buildings, equipment, inventory, and most vintage decor
