Restaurant and Bar with
For Sale
$475,000
117 S Main Street, Lake City, MI 49651
Commercial, Lake City, MI
Property Size2,300 SF
Lot Size0.05 Acres
Price / SF$206.52
Days on Market137
Property Features for 117 S Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Parking Lot
Exterior features
Brick
Directions
Located downtown Lake City. Centrally located between State Farm Insurance and Huntington bank.
Subdivision
Missaukee
Standard status
Active
Size
2,300 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Description
N 1/2 OF LOT 5 BLK 5 ORIG PLAT CITY OF LAKE CITY.
Legal Description
N 1/2 OF LOT 5 BLK 5 ORIG PLAT CITY OF LAKE CITY.
Building Details
Building materials
Brick
Listing Agency:
Five Star Real Estate (Lake City)
(231) 920-7579
Listed By:
Justin Lewis · License #6501434224
(231) 920-7579
Added: Apr 6
Changed: Aug 19
Last Checked: Aug 20 at 9:06PM
MLS# 1930405
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.
The Town Pump Saloon is a for-sale restaurant and bar opportunity at 117 S Main Street in Lake City. The bar area is approximately 2,300 square feet, with an additional approximately 2,300 square feet of patio space for outdoor gatherings. The property is described as a historic, long-standing establishment with a long-term family ownership history.
The business is positioned in the heart of downtown Lake City and is noted for views overlooking Lake Missaukee. The combination of indoor bar space and substantial patio area supports both everyday service and events that take advantage of the outdoor setting.
This offering may appeal to operators looking to continue an established concept in a recognizable local venue, or to buyers who want to reposition a historic bar-and-restaurant format while keeping the existing indoor and patio configuration. The property includes significant outdoor capacity in addition to the main bar area, which can be useful for tenanting plans or operating schedules that emphasize year-round and seasonal programming.
The business is positioned in the heart of downtown Lake City and is noted for views overlooking Lake Missaukee. The combination of indoor bar space and substantial patio area supports both everyday service and events that take advantage of the outdoor setting.
This offering may appeal to operators looking to continue an established concept in a recognizable local venue, or to buyers who want to reposition a historic bar-and-restaurant format while keeping the existing indoor and patio configuration. The property includes significant outdoor capacity in addition to the main bar area, which can be useful for tenanting plans or operating schedules that emphasize year-round and seasonal programming.
Key Highlights
- Bar area is approximately 2,300 SF with an additional 2,300 SF of patio space
- Downtown Lake City location with a view overlooking Lake Missaukee
- Brick construction and brick exterior
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 - For sale bar and restaurant with patio space overlooking Lake Missaukee in downtown Lake City.
Where is this bar & pub located?
The property is located at 117 S 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: Bar area is approximately 2,300 SF with an additional 2,300 SF of patio space; Downtown Lake City location with a view overlooking Lake Missaukee; Brick construction and brick exterior
