Operating Restaurant with Real
For Sale
$289,900
137 N Front Street, Lake City, MI 49651
Commercial, Lake City, MI
Property Size1,400 SF
Lot Size0.25 Acres
Price / SF$207.07
Days on Market572
Property Features for 137 N Front Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
10
Parking features
Parking Lot
Exterior features
Vinyl
Lot features
Corner Lot
Directions
From North- take M66 South to Lake City Business on Right hand side of road From South- Take M55 to M66 North into Lake City, through town to business on left side of road
Subdivision
Missaukee
Standard status
Active
Size
1,400 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Description
LOT 6 & N 1/2 OF LOT 5 BLK 6 PLAT OF NORTH LAKE CITY
Tax Annual Amount
2889
Legal Description
LOT 6 & N 1/2 OF LOT 5 BLK 6 PLAT OF NORTH LAKE CITY
Utilities
Water source
Private
Building Details
Building materials
Frame
Roof type
Asphalt
Listing Agency:
City2Shore Real Estate Northern Michigan
(231) 839-0077
Listed By:
Michelle Geiger · License #6501417610
(231) 429-6588
Added: Mar 14, 2025
Changed: Sep 5
Last Checked: Oct 6 at 3:06AM
MLS# 1931466
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 operating restaurant occupies a 1,400-square-foot frame building on a 0.25-acre parcel at 137 N Front Street in Lake City, Michigan. The property includes a parking lot, vinyl exterior, asphalt roof, private water source, and a bathroom. An on-site shed is also included.
The business has operated under the current owner for almost 20 years and is presently open Wednesday through Sunday from 11 to 8. The offering includes the real estate, business, phone number, equipment, inventory, and shed. Five employees currently support cooking, preparation, and wait staff functions. Equipment has been updated, the ventilation system has been improved, and the roof was replaced in 2022.
The business has operated under the current owner for almost 20 years and is presently open Wednesday through Sunday from 11 to 8. The offering includes the real estate, business, phone number, equipment, inventory, and shed. Five employees currently support cooking, preparation, and wait staff functions. Equipment has been updated, the ventilation system has been improved, and the roof was replaced in 2022.
Key Highlights
- Operating restaurant business with almost 20 years under the current owner
- 1,400‑square‑foot building on a 0.25‑acre parcel
- Sale includes real estate, business, phone number, equipment, inventory, and shed
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Balanced
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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The offering includes an operating restaurant, real estate, equipment, inventory, business assets, 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: Operating restaurant business with almost 20 years under the current owner; 1,400‑square‑foot building on a 0.25‑acre parcel; Sale includes real estate, business, phone number, equipment, inventory, and shed
