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Lake City, MI Restaurants for Sale

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Established Restaurant Business Opportunity
$289,900
1,400 SF

Established Restaurant Business Opportunity

137 N Front St, Lake City, MI 49651

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

  • Established, Profitable Restaurant Business: Operating successfully for almost 20 years under current ownership.
  • Sale Includes Everything: Real estate, business, phone number, all equipment, inventory, and shed are included in the sale.
  • Updated and Well‑Maintained: Features updated equipment, ventilation system, and a new roof installed in 2022.
  • Turnkey Opportunity: Business is currently open and operating, providing immediate income potential.
  • Includes Real Estate: Sale incorporates the physical property, offering long‑term asset ownership.
Updated: Aug 10, 2025
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Historic Bar with Lake View
$495,000
2,300 SF

Historic Bar with Lake View

117 S Main St, Lake City, MI 49651

Historic bar in Lake City with stunning lake views.

  • Prime downtown location with STUNNING VIEWS of Lake Missaukee.
  • Established, historic business with a long‑standing reputation.
  • Large bar area of approximately 2,300 sq ft.
  • Extensive patio space of approximately 2,300 sq ft, IDEAL FOR EVENTS.
  • Well‑known for its welcoming atmosphere and community connection.
Updated: Oct 9, 2025
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Lake City Restaurant/Bar Opportunity
$470,000
2,500 SF

Lake City Restaurant/Bar Opportunity

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

113 Main 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 8 Potential Opportunities for your consideration. Besides 4 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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Operating Restaurant Business For Sale
$845,000
9,300 SF

Operating Restaurant Business For Sale

Fully renovated restaurant in Cadillac, MI, ready for new ownership.

119 S Mitchell St, Cadillac, MI 49601
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Prudenville Commercial Opportunity on M-55
$700,000

Prudenville Commercial Opportunity on M-55

Well-maintained commercial building with high visibility and flexible layout.

2121 West Houghton Lake Dr, Prudenville, MI 48651
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Commercial Opportunity in Houghton Lake
$700,000

Commercial Opportunity in Houghton Lake

Well-maintained commercial building with flexible layout in prime location.

2121 W Houghton Lake Dr, Prudenville, MI 48651
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Lake City, MI Restaurants Investment Opportunities Market Analysis

Explore 4 restaurants for sale in Lake City, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 26,136 square feet of properties for sale, with an estimated market value of $1,254,900.

Prices for restaurant properties in Lake City, MI start at $289,900, averaging $418,300, and reaching up to $495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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