Lake City, MI 49651,119 N Main Street
Lake City, MI 49651,119 N Main Street
Lake City, MI 49651,119 N Main Street
57
Listed by Sue Whipple • City2Shore Real Estate Northern Michigan
Bought with Tamara McLeod Helsel • City2Shore Real Estate Northern Michigan
$280,000
$360,000
22.2%
Est.Price: ?

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2,600 SqFt

119 N Main Street Lake City, MI 49651

Est. payment /mo
SOLD DATE : 01/07/2025

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Key Details

Sold Price $280,000

Property Type Commercial

Sub Type Hospitality

Listing Status Sold

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $107

Subdivision Mi

MLS Listing ID 1923580

Sold Date 01/07/25

Year Built 1950

Lot Size 0.430 Acres

Acres 0.43

Lot Dimensions 150X100

Property Sub-Type Hospitality

Property Description

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

Location

State MI

County Missaukee

Zoning Commercial

Rooms

Basement Block

Interior

Heating Forced Air

Cooling Forced Air

Exterior

Exterior Feature Log Siding

Roof Type Metal

Present Use Restaurant/Food Service

Road Frontage Public Maintained, Blacktop

Total Parking Spaces 27

Building

Sewer Municipal

Water Municipal Water

Others

Tax ID 051-101-014-00

Ownership Private Owner

Acceptable Financing Conventional Mortgage, Commercial Loan, Cash, Owner Assist (L/C)

Listing Terms Conventional Mortgage, Commercial Loan, Cash, Owner Assist (L/C)

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agent

Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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