Search
Established Restaurant Business For Sale
For Sale
$289,900

137 N Front St, Lake City, MI 49651

Operating restaurant with real estate, equipment, and inventory included.

Property SizeContact for details
Lot Size0.25 Acres
Days on Market265

Property Features for 137 N Front St

General Information

Standard status Active
Lot size 0.25 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $2,889

Building Details

Year Built 1980
Listing Agency: City2Shore Real Estate Northern Michigan
Listed By: Michelle Geiger
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 20 at 10:47AM

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 City2Shore Real Estate Northern Michigan

Investment Insights

Based on property information with market context.

An established restaurant business is available for sale, having been in operation for almost 20 years under the current owner. The business is currently open and operating with hours from Wednesday to Sunday, 11 AM to 8 PM. The sale includes the real estate, a shed, the business itself, the phone number, all equipment, and the existing inventory. The business employs five people, including cooks, prep cooks, and wait staff. The property is well-maintained and features updated equipment, a ventilation system, and a new roof installed in 2022. The restaurant is located at 137 N Front St, Lake City, MI 49651.

Key Highlights

  • Established restaurant business operating successfully for almost 20 years.
  • Sale includes all real estate, business, phone number, equipment, and inventory.
  • Well‑maintained with updated equipment and a new roof installed in 2022.

Property Analytics

Current Use

Turn key restaurants

Location Intelligence

Trade Area within ½ mile

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Restaurant - Operating restaurant with real estate, equipment, and inventory included.
Where is this restaurant located?
The property is located at 137 N Front St Lake City, MI.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Established restaurant business operating successfully for almost 20 years.; Sale includes all real estate, business, phone number, equipment, and inventory.; Well‑maintained with updated equipment and a new roof installed in 2022.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message