Active
119 N Main Street
Lake City MI, 49651
$360,000
$138.46 per sqft
Active
2,600 sqft
Commercial
Built in 1950
Discover a rare opportunity to own a prestigious restaurant building in the heart of downtown Lake City, strategically located within walking distance to beautiful Lake Missaukee and across from the renowned Tasty Treat! This property offers more than just a building; it promises a coveted slice of Lake City's vibrant culinary and community scene. This property boasts a prime location with views of Lake Missaukee. It benefits from being in a high-traffic area, drawing an estimated 15,000 passers-by daily. Its proximity to Lake Missaukee enhances its allure, making it an attractive destination for locals and tourists alike. The restaurant building includes 27 dedicated parking spots, ensuring convenient access for patrons. No-step entry makes it easily accessible. The interior comfortably seats up to 110 guests, providing a cozy yet spacious dining experience. Most of the restaurant's inventory can be included with the building, facilitating a smooth transition for prospective buyers. The property features a full turn-key kitchen, ideal for those intending to continue its use as a restaurant. Additionally, a sizable basement offers ample storage space, a valuable asset for any business operation. Lake City is renowned for its vibrant community spirit and hosts events such as the Greatest Fourth in the North and draws tourists throughout the year. Whether you envision continuing it as a restaurant or repurposing the space for other commercial ventures, this property presents immense potential. The combination of prime positioning, comprehensive facilities, excellent parking, close proximity to Lake Missaukee and community appeal makes it a standout investment in beautiful Lake City! Don't miss out on the chance to own a piece of this dynamic community and capitalize on its promising future. Please note that the business is not for sale. Just the property/building. Most furnishings, furniture, equipment, inventory, decor to go with the sale of the building. SEE VIDEO
1923580
MLSⓇ ID
June 15, 2024
Listed
August 23, 2024
Updated
Map
119 N Main Street
Lake City MI, 49651
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Natural Gas, Forced Air
Heating
Yes
Heating Description
Natural Gas, Forced Air
Exterior/Building Features
Lot Size
0.43 Acres
Exterior Features
Log Siding
Roof
Metal
Sewer
Municipal
School Information
School District
0
Other Property Details
Area Name
Missaukee
Taxes
$5,539
Tax Frequency
Annually
Days on Market
32
Garage
No
Parking
Paved, Parking Lot, Street Parking
Parking Total
27
View
No
County
Missaukee
Municipality
Reeder
Water Source
Municipal Water
Pool
No
Zoning
Commercial
Green Building Features
Green Features
Not Applicable
Listed by Sue Whipple with City2Shore Real Estate Northern Michigan
Listing Contact: 231-839-0077
The IDX display contains information sourced from the Northern Great Lakes REALTORS® MLS as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Northern Great Lakes REALTORS® MLS all rights reserved.
Data last updated on 8/23/2024 at 2:49 PM UTC