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Historic Saloon with Patio
For Sale
$475,000

117 Main Street, Lake City, MI 49651

Bar space and patio total approximately 2,300 square feet each, with views overlooking Lake Missaukee.

Property Size2,300 SF
Price / SF$206.52
Days on Market143

Property Features for 117 Main Street

General Information

Standard status Active
Size 2,300 SF
Property subtype General Commercial

Additional Details

Business Included Yes

Amenities

3
50x100

Building Details

Year Built 1900
Listing Agency: Five Star Real Estate (Lake City)
Listed By: Justin Lewis · License #6501434224
Source: Xome
Added: Apr 1 Changed: Aug 12 Last Checked: Aug 20 at 5:34AM

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 Five Star Real Estate (Lake City)

Investment Insights

Based on property information with market context.

The Town Pump Saloon is a historic bar and gathering place with a bar area of approximately 2,300 square feet and an additional approximately 2,300 square feet of patio space. The property is described as a long-standing, family-owned business that has operated under the same family for decades.

Located on S Main Street in the downtown area, the saloon is positioned to offer a view overlooking Lake Missaukee.

The offering includes both the indoor bar space and the outdoor patio, providing flexibility for customer gatherings and events.

Key Highlights

  • Town Pump Saloon is a historic Lake City bar with a 1900 year built.
  • Approximately 2,300 SF of bar space plus approximately 2,300 SF of patio space.
  • Downtown location with views overlooking Lake Missaukee.

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 - Bar space and patio total approximately 2,300 square feet each, with views overlooking Lake Missaukee.
Where is this bar & pub located?
The property is located at 117 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: Town Pump Saloon is a historic Lake City bar with a 1900 year built.; Approximately 2,300 SF of bar space plus approximately 2,300 SF of patio space.; Downtown location with views overlooking Lake Missaukee.
More about this property
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