Operating Restaurant with Real
For Sale
$289,900
137 N Front Street, Lake City, MI 49651
Established food-service operation includes the business, real estate, equipment, inventory, and an on-site shed.
Property Size1,400 SF
Price / SF$207.07
Days on Market536
Property Features for 137 N Front Street
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$2,889
Building Details
Year Built
1980
Listing Agency:
City2Shore Real Estate Northern Michigan
(231) 429-6588
Listed By:
Michelle Geiger · License #6501417610
(231) 429-6588
Source:
Exitrealty
Added: Mar 14, 2025
Changed: Aug 30
Last Checked: Aug 30 at 3:08PM
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.
This operating conventional restaurant includes the underlying real estate, an on-site shed, the business, phone number, equipment, and inventory. The operation has remained open under the current owner for almost 20 years and currently employs 5 people across kitchen and wait-staff roles. Current hours are Wednesday through Sunday, 11 a.m. to 8 p.m.
Property improvements include updated equipment, a ventilation system, and a new roof completed in 2022. The building was constructed in 1980 and is located at 137 N Front Street in Caldwell Township, Michigan. The current owner continues to work in the business and is approaching retirement, which is the stated reason for the sale.
Property improvements include updated equipment, a ventilation system, and a new roof completed in 2022. The building was constructed in 1980 and is located at 137 N Front Street in Caldwell Township, Michigan. The current owner continues to work in the business and is approaching retirement, which is the stated reason for the sale.
Key Highlights
- Business and real estate offered together with shed, phone number, equipment, and inventory
- Restaurant has operated under the current owner for almost 20 years
- Current operating schedule is Wednesday through Sunday, 11 a.m. to 8 p.m.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
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
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established food-service operation includes the business, real estate, equipment, inventory, and an on-site shed.
Where is this conventional restaurant located?
The property is located at 137 N Front Street 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: Business and real estate offered together with shed, phone number, equipment, and inventory; Restaurant has operated under the current owner for almost 20 years; Current operating schedule is Wednesday through Sunday, 11 a.m. to 8 p.m.
