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    Lake City, MI Restaurants for Sale

    6 results
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    Lake City Restaurant/Bar Opportunity
    $470,000
    2,500 SF

    Lake City Restaurant/Bar Opportunity

    113 Main Street, 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: Jun 17, 2025
    View details
    Established Restaurant Opportunity in Lake
    $129,900
    510 SF

    Established Restaurant Opportunity in Lake

    81 N Morey Road, 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
    View details
    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 Street, 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 Street, Lake City, MI 49651
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    Established Restaurant Business Opportunity
    $129,900
    0.01 Acres

    Established Restaurant Business Opportunity

    Profitable restaurant with high visibility location for sale.

    Lake City, MI 49651
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    Established Restaurant Business For Sale
    $289,900
    0.25 Acres

    Established Restaurant Business For Sale

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

    137 N Front St, Lake City, MI 49651
    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Lake City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Higgins Lake Commercial Opportunity
    $190,000
    3,236 SF

    Higgins Lake Commercial Opportunity

    Commercial building with liquor license near Higgins Lake.

    9963 W Higgins Lake Drive, Roscommon, MI 48653
    View details
    Cadillac Commercial Property with Event Center
    $595,000
    4,000 SF

    Cadillac Commercial Property with Event Center

    Three buildings on 2.25 acres with event center.

    916 S Mitchell Street, Cadillac, MI 49601
    View details
    Higgins Lake Tourist Corridor Business
    $745,000
    2,428 SF

    Higgins Lake Tourist Corridor Business

    Business with multiple revenue streams in premier tourist corridor.

    1857 W Higgins Lake Dr, Roscommon, MI 48653
    View details
    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 Road |, Cadillac, MI 49601
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Lot Development Opportunity
    $450,000
    0.72 Acres

    Corner Lot Development Opportunity

    High-visibility corner lot ideal for development in Lake City.

    Lake City, MI 49651
    View details
    High-Visibility Commercial Land in McBain
    $229,900
    25,884 SF

    High-Visibility Commercial Land in McBain

    0.6-acre commercial land with high visibility and accessibility.

    Mc Bain, MI 49657
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    High-Visibility Commercial Land in McBain
    $229,900
    25,884 SF

    High-Visibility Commercial Land in McBain

    Prime commercial land with high visibility and development potential.

    Mc Bain, MI 49657
    View details
    Vacant Lot in Merritt, MI
    $40,000
    1.00 Acre

    Vacant Lot in Merritt, MI

    One-acre vacant lot on M-55, suitable for commercial or residential.

    7592 E Houghton Lake Road, Merritt, MI 49667
    View details

    Lake City, MI Restaurants Investment Opportunities Market Analysis

    Explore 6 restaurants for sale in Lake City, MI, showcased through 6 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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