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    Lake City, MI
    Storefront

    Lake City, MI Storefront Properties for Sale

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    Cadillac, MI Manton, MI Mc Bain, MI Saginaw, MI Fife Lake, MI Marion, MI Tustin, MI Merritt, MI
    Pizza Restaurant With Commercial Equipment
    Updated: Feb 13
    Pizza Restaurant With Commercial Equipment

    81 N Morey Road, Lake City, MI 49651

    $119,900
    510 sqft 0.01 AC lot
    510‑square‑foot restaurant building constructed in 1950
    Sale includes the operating pizza business and food‑service equipment
    Two‑door natural gas pizza oven and 10‑by‑10‑foot walk‑in cooler included
    Additional equipment includes convection oven, commercial mixer, freezers, and pop cooler
    Located at 81 N Morey Road, just north of the M‑55 and M‑66 intersection
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    Downtown Bar With Lake Views
    Updated: Apr 6
    Downtown Bar With Lake Views

    117 S Main Street, Lake City, MI 49651

    $475,000
    2,300 sqft 0.05 AC lot
    Approximately 2,300 square feet of interior bar space
    Approximately 2,300 square feet of patio space
    Downtown Lake City location at 117 S Main Street
    Views overlooking Lake Missaukee
    Brick exterior and construction
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lake City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Seasonal Garden Center with Ice Cream
    Seasonal Garden Center with Ice Cream

    9014 W Houghton Lake Drive, Houghton Lake, MI 48629

    $399,000
    9,041 sqft 0.73 AC lot

    Seasonal retail operation combining garden merchandise, floral containers, and a soft-serve ice cream counter.

    View details
    Shopping Center with Anchor Space
    Shopping Center with Anchor Space

    1508 N Mitchell Street, Cadillac, MI 49601

    $2,340,000
    47,945 sqft 8.94 AC lot

    Multi-tenant retail center with brick construction, central air, and a substantial vacant store area ready for occupancy.

    View details
    Waterfront Mixed-Use Property
    Waterfront Mixed-Use Property

    8848 State Avenue, Houghton Lake, MI 48629

    $399,000
    2,880 sqft 0.32 AC lot

    C-W-zoned property combines commercial space, residential quarters, storage, and canal access.

    View details
    Historic Spa & Wellness Property
    Historic Spa & Wellness Property

    309 N Mitchell Street, Cadillac, MI 49601

    $224,900
    2,050 sqft 0.09 AC lot

    Updated systems, ADA compliance, and rear parking support an operating salon business.

    View details

    Lake City, MI Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties for sale in Lake City, MI on our real estate platform. These investment opportunities span a total of 2,810 square feet of properties for sale, with an estimated market value of $594,900.

    Sale prices for retail units in Lake City, MI start at $119,900, averaging $297,450, and reaching up to $475,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 2

    Demographics Overview

    Population 7,540
    Population Growth (5Y) -4.4%
    Median Household Income $61,524
    College Educated 26.1%

    High-Yield Neighborhoods for Investment

    Identify Lake City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49651 $297.5K

    Taxes & Financing

    Tax Rate (average for all types) 3.24%
    Property Tax per SF $98.07 per SF
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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