Pizza Restaurant with Commercial
For Sale
$119,900
81 N Morey Road, Lake City, MI 49651
COMMERCIAL - Lake City, MI
Property Size510 SF
Lot Size0.01 Acres
Price / SF$235.10
Days on Market190
Property Features for 81 N Morey Road
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Elementary school district
Lake City
Middle school district
Lake City
High school district
Lake City
Standard status
Active
APN
007-310-010-00
Size
510 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 10 LAKEVIEW PARK ADD.
Tax Annual Amount
836
Legal Description
LOT 10 LAKEVIEW PARK ADD.
Utilities
Utilities
Cable Available
Heating system
Space Heater
Building Details
Year built
1950
Floors in Building
1
Number of units
1
Listing Agency:
Coldwell Banker Schmidt Cadillac
(231) 775-1737
Listed By:
Amy S Wagner · License #6501292551
(231) 633-6371
Added: Feb 13
Changed: Aug 4
Last Checked: Aug 22 at 12:06PM
MLS# 26005359
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Investment Insights
Based on property information with market context.
This 510-square-foot restaurant property, built in 1950, is offered with the equipment associated with its pizza operation. The included package features a two-door natural gas pizza oven, newer pizza table, three-shelf convection oven, commercial-grade mixer, two stand-up freezers, pop cooler, and a 10-by-10 walk-in cooler. The building also includes one bathroom and space heating.
The property is located at 81 N Morey Road in Lake City, just north of the M-55 and M-66 intersection. The sale includes the building, business, and listed restaurant equipment, allowing continued operation under the existing concept or a new restaurant use supported by the installed equipment.
The property is located at 81 N Morey Road in Lake City, just north of the M-55 and M-66 intersection. The sale includes the building, business, and listed restaurant equipment, allowing continued operation under the existing concept or a new restaurant use supported by the installed equipment.
Key Highlights
- 510 SF restaurant building constructed in 1950
- Two‑door natural gas pizza oven included
- 10x10 walk‑in cooler included
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
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
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 - Compact restaurant building with dedicated pizza-making equipment and access to cable service.
Where is this conventional restaurant located?
The property is located at 81 N Morey Road Lake City, MI.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: 510 SF restaurant building constructed in 1950; Two‑door natural gas pizza oven included; 10x10 walk‑in cooler included
