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Lake City, MI Restaurants for Sale

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Established Restaurant Opportunity in Lake
$129,900
510 SF

Established Restaurant Opportunity in Lake

81 N Morey Rd, Lake City, MI 49651

Turnkey restaurant for sale in a visible location.

  • High‑visibility location near the M‑55 and M‑66 intersection.
  • Established business with a 20+ year history.
  • Includes essential equipment: pizza oven, pizza table, convection oven, commercial mixer, freezers, and walk‑in cooler.
  • Opportunity to continue a local tradition or start a new business venture.
  • Building included in the sale.
Updated: Feb 13
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Lake City Restaurant/Bar Opportunity
$470,000
2,500 SF

Lake City Restaurant/Bar Opportunity

113 Main St, Lake City, MI 49651

Turnkey restaurant and bar near Lake Missaukee, ready for immediate use.

  • Prime location steps from Lake Missaukee, an 1,800‑acre all‑sports lake.
  • Turnkey restaurant/bar business opportunity with complete equipment inventory.
  • Fully equipped 2,500 sq. ft. building with state‑of‑the‑art commercial kitchen and full bar.
  • Includes three lots with lake views and easy access by foot, car, or boat.
  • Located in the heart of Lake City, surrounded by year‑round tourism and community events.
Updated: Oct 9, 2025
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Historic Bar with Lake View
$495,000
2,300 SF

Historic Bar with Lake View

Historic bar in Lake City with stunning lake views.

117 S Main St, Lake City, MI 49651
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Established Restaurant Business Opportunity
$289,900
1,400 SF

Established Restaurant Business Opportunity

Operating restaurant for sale with real estate, equipment, and inventory.

137 N Front St, Lake City, MI 49651
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Established Restaurant Business For Sale
$289,900

Established Restaurant Business For Sale

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

137 N Front St, Lake City, MI 49651
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Lake City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Development Site Near Retail
Contact for pricing

Commercial Development Site Near Retail

Development site near major retailers with permitted commercial uses.

8998 E 34 Rd, Cadillac, MI 49601
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Cadillac Commercial Property with Event Center
$595,000

Cadillac Commercial Property with Event Center

Three buildings on 2.25 acres with event center and deli.

916 S Mitchell St, Cadillac, MI 49601
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Historic Lodge Restaurant Opportunity
$849,000
6,500 SF

Historic Lodge Restaurant Opportunity

Restored restaurant with outdoor patio and additional living spaces.

12397 M-66, Fife Lake, MI 49633
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Fife Lake Restaurant - Turnkey Business
$350,000
1,136 SF

Fife Lake Restaurant - Turnkey Business

Established Restaurant, Great Potential, Prime Location

115 East State Street, Fife Lake, MI 49633
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Lake City, MI Restaurants Investment Opportunities Market Analysis

Explore 5 restaurants for sale in Lake City, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 26,572 square feet of properties for sale, with an estimated market value of $1,384,800.

Sale prices for restaurant properties in Lake City, MI start at $129,900, averaging $346,200, and reaching up to $495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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